Methanol plant investors drop environmental appeal, cancel big project lease
Shipping company Hafnia and Chinese investors behind a large US-based methanol factory say that the project has been put "on hold", however, the company behind the billion-dollar project has given up on an environmental appeal and terminated its lease. Port director calls the project terminated.
BY DAG HOLMSTAD, SHIPPINGWATCH
Whether the project worth USD 4 billion is dormant or dead as a doornail, is a matter of dispute between the involved parties.
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Controversial methanol factory put on hold
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