Port Arthur EDC, Chamber move downtown

Port Arthur Economic and Development Corporation Director Floyd Batiste cut the ribbon Wednesday, March 25, to celebrate the official opening of the Port Arthur Economic and Development Corporation’s new location at 501 Procter St. in downtown Port Arthur. Th e cost to refurbish the building, which was once First National Bank of Port Arthur, was around $5.4 million, Batiste said. “We are using both new market tax credit and Texas Historical Preservation Tax Credit to fi nance the project,” Ba- tiste told the Business Journal in a Janu- ary article.

Natgasoline holds procurement fair

Vendors, contractors and suppliers wait in line to share information on their businesses and learn how to bid on jobs from Natgasoline’s procurement team.

Natgasoline held a procurement fair Thursday, March 19, at the Beaumont Civic Center to educate area busi­nesses on how to do business with the company, which is currently building a greenfield world scale methanol plant in Beaumont. The plant will be the first methanol facility of this scale in the United States and the country’s largest methanol production facility based on nameplate capacity, and construction is expected to be completed in 2017, ac­cording to Laurens Limpens, site man­ager for Natgasoline.

Sabine-Neches surpasses New York/New Jersey port in tonnage shipped

The Sabine-Neches Waterway has surpassed the Port of New York and New Jersey in terms of tonnage shipped in the U.S. Ports National Ranking, ac­cording to an annual report by the U.S. Army Corps of Engineers Waterborne Commerce Statistics Center.

This makes the Sabine-Neches Wa­terway the third largest port in the U.S. in terms of tonnage shipped. The Sa­bine-Neches Waterway consists of two public ports (Beaumont and Port Ar­thur) and all of the public and private marine terminals between Sabine Pass and the I-10 bridge over the Neches River in Beaumont.

Site prep begins for largest methanol plant in United States

Aerial view of Natgasoline methanol plant construction site and surrounding area prior to site preparation

After unveiling plans for construc­tion of the largest methanol plant in the United States in November 2013, Nat­gasoline LLC and parent company OCI N.V. report site preparation in Beaumont is underway and on schedule for startup in early 2017.

According to the company, OCI N.V. is a global nitrogen-based fertilizer pro­ducer and engineering and construction contractor based in the Netherlands but operating globally. OCI N.V. reportedly employs more than 75,000 people in 35 countries worldwide.