Chemicals & MaterialsGeismar, LouisianaAnnounced Jul 19, 2019

Methanex

Geismar 3 (G3) — Methanex's third methanol production plant at the Geismar site. Final investment decision July 19, 2019. Final capital cost slightly below $1.30B per Methanex's 2024 annual report. First methanol produced July 2024 after multi-year construction delays; commercial performance tests completed October 2024. Qualifies through investment; specific permanent-jobs figure not publicly disclosed at announcement.

Investment
$1.30B
Expected jobs
Status
Operational
Expected opening
Jul 1, 2024
Why it matters

The chemicals & materials context.

Chemicals and materials manufacturing spans a wide range of essential U.S. production — from petrochemicals, polymers, and industrial gases to fertilizers, specialty chemicals, and advanced materials such as recycled aluminum, rare-earth magnets, and composites. Projects in this category represent multi-billion-dollar capital programs and long-lived industrial infrastructure that supply nearly every other sector of manufacturing.

Project record

At a glance

Company
Methanex
Industry
Chemicals & Materials
Location
Geismar, Louisiana
Investment
$1.30B
Expected jobs
Status
Operational
Announced
Jul 19, 2019
Expected opening
Jul 1, 2024
Added to tracker
Jul 24, 2026
Sources

Official references

  • Primary source
    https://www.methanex.com/news/release/geismar-3-g3-produces-first-methanol-and-methanex-reports-higher-second-quarter-2024-earnings/
Related

Other projects to know

Back to the tracker/projects/methanex-geismar