• CapEx: $1.8 billion
  • Jobs: 499 new (109 direct, 390 indirect)
  • Product: Renewable low-carbon methanol
  • Location: Pineville, Rapides Parish / Central Region
  • Project overview:
    • The company projects its Pineville facility would manufacture nearly 400,000 metric tons of green methanol per year for SunGas customers worldwide.
    • Project and facility will be named Beaver Lake Renewable Energy (BLRE).
    • The Danish shipping and logistics company A.P. Moller-Maersk has signed a letter of intent for an offtake agreement with SunGas to purchase fuel from the proposed Pineville facility for its fleet of methanol-powered container vessels.
  • Estimated Completion:  2027

Company website: SunGasRenewables.com