The Canadian Chemical company Methanex is going to construct a third methanol facility worth INR 9582.769 Million, at Geismar.

This project will make Geismar one of the largest methanol complexes in the world. The new plant is built on 156-acre land and will be generating 1.8 million metric tons of methanol annually.  

Methanex is the world’s largest manufacturer and supplier of methanol to major markets in North America, Europe, South America and Asia Pacific.