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Future Beaumont methanol plant to be largest in country
It's a project that's expected to add about 240 permanent jobs in Beaumont and thousands more during construction.
OCI -- owner of Nat Gasoline -- announced construction of a new methanol plant to be completed by late 2016.
The plant would be the largest producer of methanol in the country.
Several local and state leaders were at today's announcement.
The new plant will be constructed next to Spindletop Park near the intersection of U.S. 69 and Twin City Highway.
Mayor Becky Ames says it's the largest construction project in a long time.
The project has been awarded a $2.1 million grant from the taxpayer-funded Texas Enterprise Fund and has received incentive commitments from several local government entities.