- CapEx: $550 million
- Jobs: 465 new (75 direct, 390 indirect), 350 for construction
- Product: Low-carbon methanol production with carbon capture
- Location: Shreveport, Caddo Parish / Northwest Region
- Project overview:
- Production plant at the Port of Caddo-Bossier will be capable of producing 583,000 tons of low-carbon methanol per year using natural gas as a feedstock.
- The plant’s carbon-capture capabilities will reduce carbon dioxide emissions by more than 90 percent compared to other methanol plants.
- Estimated Completion: 2024
- LED news release: Dec. 16, 2021
Company website: Bia.energy