CHARLESTON, W.Va. (AP) — A former industrial site in West Virginia has been selected for a $350 million methanol facility, Gov. Jim Justice announced Monday.
West Virginia Methanol Inc. will build a plant in Pleasants County that will produce 900 metric tons of methanol daily from natural gas. Once finished, the plant will employ 30 full-time workers, Justice said at a news conference.
The company is working on permitting and design details. Operations are expected to begin as soon as mid-2023, the governor’s office said in a statement.
The plant site has access to roads, railroad and river transportation and is near a major natural gas pipeline. Other required utilities are on site or nearby, the statement said.
Methanol is used in chemical industry production and is a mainstay in the automotive industry as a fuel blend. Its diverse use also includes the making of plastics and plywood.