Predict your next investment

ENERGY & UTILITIES | Renewables / Bio-energy
proman.com

See what CB Insights has to offer

Founded Year

2012

Stage

Acquired | Acquired

About Proman USA

Proman USA is a provider of proprietary technology for the conversion of low-cost natural gas into higher-value transportation fuels. The company provides production facilities that convert natural gas to methanol and drop-in gasoline.

Proman USA Headquarter Location

600 Travis Street Suite 3680

Houston, Texas, 77002,

United States

(713)943-2200

Latest Proman USA News

G2X Energy and EMRE sign methanol to gasoline technology license and license option agreements; plans for $1.3B natural gas to gasoline plant

Jan 19, 2013

G2X Energy and EMRE sign methanol to gasoline technology license and license option agreements; plans for $1.3B natural gas to gasoline plant 18 January 2013 The ExxonMobil MTG process flow diagram. Source: EMRE . Click to enlarge. G2X Energy, Inc., a developer of natural gas to gasoline projects, entered into a licensing agreement to use ExxonMobil Research and Engineering Company’s (EMRE’s) methanol-to-gasoline (MTG) technology ( earlier post ) in the development of a world-scale natural gas to gasoline project. ( Earlier post . ) G2X Energy is the first to secure a long term multi-site agreement with EMRE for natural gas based methanol to gasoline projects. G2X Energy says will leverage its strategic partnership with the Proman Group, a leading process plant engineering and operating company, and EMRE’s MTG technology to create a platform to expand natural gas’ role in the existing transportation fuels market. The shape-selective catalyst limits hydrocarbon synthesis to 10 carbons—i.e., gasoline range. Source: EMRE. Click to enlarge. The MTG process first dehydrates methanol to dimethylether (DME); an equilibrium mixture of methanol, DME and water is then converted to light olefins (C2-C4). A final step synthesizes higher olefins, n/iso-paraffins, aromatics and naphthenes. The shape-selective catalyst limits the synthesis reactions to 10 carbons—the result is sulfur free gasoline with a typical 92 Research Octane Number. G2X Energy is currently developing gasoline projects that take advantage of expanding North American natural gas reserves. EMRE’s MTG technology, coupled with G2X Energy’s capabilities as a proven plant builder and operator, will allow natural gas producers to convert methanol directly into transportation fuel. Lake Charles natural gas to gasoline facility. G2X plans to build a $1.3-billion natural gas-to-gasoline facility at The Port of Lake Charles in Southwest Louisiana. G2X Energy is finalizing an option to lease 200 acres in the Industrial Canal at the Port of Lake Charles where the company will have the flexibility of shipping gasoline by pipeline or sea. G2X Energy will build its facility near Trunkline LNG, a major energy tenant operating at the port. T G2X Energy will use natural gas to produce methanol, then convert methanol to final gasoline for 90% of its production. About 10% of the output will be liquefied petroleum gas, or propane. Subject to additional feasibility analysis, Houston-based G2X Energy expects to make a final investment decision by the end of 2013, upon obtaining facility permits, and construction would begin in 2014 followed by estimated completion of the project in early 2017. Hiring of the plant management team will take place in mid- to late 2014, with most of the hiring for the facility to be completed by the end of 2015. Pampa Fuels methanol plant. Separately, G2X broke ground for its Pampa, Texas-based methanol plant—Pampa Fuels. Located on a brownfield site previously owned by Celanese Chemical and utilizing some existing operational equipment, the Pampa Fuels facility represents a modern example of reusing existing industrial infrastructure to lower capital cost for the production high-value fuels and chemicals. The facility will produce approximately 65,000 metric tons of finished product annually to meet growing regional demand in North Texas and Oklahoma. Full-scale production is expected to begin in 2014.

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

CB Insights uses Cookies

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.