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Chinese company Yuhuang's methanol project in southern US enters key phase

Xinhua | Updated: 2018-09-02 10:59
Photo taken on Aug 30, 2018 shows a major equipment to be installed in Chinese company Yuhuang's methanol plant in St. James Parish, the United States. Yuhuang's methanol project, the largest green field investment in methanol by a Chinese company in southern US state of Louisiana, has made breakthrough in its construction, according to Chinese Yuhuang Chemical Industries Inc. (YCI) on Friday. YCI, a wholly owned subsidiary of Shandong Yuhuang Chemical Company, is constructing a 1.85-billion-dollar methanol production facility in St. James Parish, Louisiana. [Photo/Xinhua]

NEW ORLEANS - Yuhuang's methanol project, the largest green field investment in methanol by a Chinese company in southern US state of Louisiana, has made breakthrough in its construction, according to Chinese Yuhuang Chemical Industries Inc. (YCI) on Friday.

"The installation of our first major equipment on foundation this week signified our project has entered above-ground construction phase, a new breakthrough in building our facility here," Charlie Yao, CEO of YCI Methanol One, told Xinhua.

"We will gradually place in the majority of the large equipment on foundation, stepping into the construction assembly stage," Yao added.

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