Global demand for methanol has exploded and methanol's feedstock, natural gas, prices have plummeted in the US. We are seeking to enter the US methanol market.
Two major forces have converged to create a fundamental shift and multi-million dollar opportunity in the US methanol market: 1) Global demand for methanol has exploded and is expected to grow another 70% over the next 7 years 2) the development of shale gas has led to a drop of 65% in the cost of feedstock (natural gas).
US Methanol is entering the methanol production business with the acquisition and relocation of an existing methanol plant.