Houston-Koch Methanol Investments and Yuhuang Chemical Industries (YCI) have entered into a definitive agreement, whereby Koch Methanol will acquire an indirect minority equity interest in YCI Methanol One (YCI Methanol). YCI Methanol is currently building a $1.85-billion methanol facility in St. James Parish, La., which will have the capacity to produce about 1.7-million t/y of methanol (PCN, 11 Sept 2017, p 1).
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