BASF Continues to Evaluate Natural Gas-Based Investment on Gulf Coast
BASF recently announced it has made progress in its plans to build a world-scale methane-to-propylene complex on the U.S. Gulf Coast. The company has selected Freeport, Texas, as the potential site. It will use Air Liquide’s proprietary Lurgi MegaMethanol and methanol-to-propylene (MTP) technologies. BASF has contracted Air Liquide to provide basic engineering services for this gas-to-propylene complex.
The plant is planned to have an annual production capacity of approximately 475,000 metric tons of propylene. This project would reportedly be BASF’s largest single-plant investment to date and is subject to final approval in 2016 by the BASF Board of Executive Directors.
For more information, visit www.basf.com.