Article

2016-01-22 Science & Technology

China staking $5.2B methanol venture in Washington state

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Posted by Seeking a cure for ignorance 2016-01-22 00:00|| || Front Page|| [5 views ] Top
File under: Commies

#1 Interesting. Value-adding the daylights out of natural gas. No, the Chi-comms are not stupid at all.

Posted by Nguard 2016-01-22 00:41|| 2016-01-22 00:41|| Front Page Top

#2 Chi-comms are not stupid at all.

Or, at least, they make sure that their leaders are not stupidest of all.

Posted by g(r)omgoru 2016-01-22 03:04|| 2016-01-22 03:04|| Front Page Top

#3 ...well, I doubt the unions own and operate their party.

Posted by Procopius2k 2016-01-22 08:00|| 2016-01-22 08:00|| Front Page Top

#4 Chi-comms are not stupid at all
Nutritionally deprived of protein and socially isolated? Stunted perhaps, not stupid.

Posted by Skidmark 2016-01-22 10:15|| 2016-01-22 10:15|| Front Page Top

#5 Zhang forecasts that the use of electricity (instead of nat gas to run the plant) can reduce carbon emissions from the plant by about 75 percent.

Genius! Wait, tell me again what electricity is made from?

Posted by SteveS 2016-01-22 10:53|| 2016-01-22 10:53|| Front Page Top

#6 If it's Washington State, the electricity's made from falling water.

In a way, the whole "Carbon tax" thing is a Bill of Attainder on people who don't have Grand Coulee Dam in their backyard. The rich bastards need to be taxed to make up the hole they've voted in our pockets.

Posted by Thing From Snowy Mountain 2016-01-22 11:35|| 2016-01-22 11:35|| Front Page Top

#7 essentially, they are building a methanol plant in the US that will produce methanol at about $70/barrel and cost, say $10/barrel to ship to China instead of building more plants in China that produce methanol at, say $130/barrel

makes sense if the cost of natural gas in the US stays low and the cost of natural gas and coal in China stays high but not otherwise - if China had US technology, their natural gas production would soar

Posted by lord garth 2016-01-22 13:26|| 2016-01-22 13:26|| Front Page Top

#8 What lord garth said. The markup on petrochemical products has to be seen to be believed!

For for both Oil and natural gas, profit wise energy production is a loss leader to the petro chemical industry. For fun, look up the cost of a barrel of methanol and contrast with the price of 50 gallons of gas at your local gas station.

Posted by Nguard 2016-01-22 14:27|| 2016-01-22 14:27|| Front Page Top

#9 There are small fuel cells that use highly purified methanol as the hydrogen part of the fuel. Not cheap but handy in special situations. EFOY FUEL CELLS

Posted by Alaska Paul 2016-01-22 20:19|| 2016-01-22 20:19|| Front Page Top

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