G2X Energy launches commercial production at Pampa methanol facility

G2X Energy has announced that their Pampa, Texas-based methanol plant is fully operational and has completed their first shipment of methanol.

After building commercial quantities of inventory on site, the plant shipped its first two railcars of IMPCA-specification methanol and will continue to ship railcars on a daily basis to customers throughout the Texas panhandle region.

 “This plant represents the rebirth of the petrochemical business in the Texas panhandle," said Tim Vail, president and CEO of G2X Energy.

"By revitalizing an abandoned industrial site and leveraging the widespread availability of low-cost of shale gas, we have brought high quality jobs and prosperity back to the Pampa area," he added.

Commercial operations at the Pampa facility is the start of a rapid expansion for G2X in North America. Through its partnership with Methanol Holdings (Trinidad) Ltd. and Southern Chemical Corp., G2X is enlarging its North American operations with the construction of a world-scale methanol facility in Lake Charles, Louisiana as well as the acquisition of natural gas reserves in the Piceance basin of Colorado and other areas.