LyondellBasell has restarted its dormant methanol plant in Channelview, Texas, to take advantage of low natural gas prices brought about by the shale boom. "The methanol plant restart is the first in a series of U.S. Gulf Coast projects by LyondellBasell to take advantage of the natural gas price advantage that we enjoy from shale gas," said Patrick Quarles, senior vice president of intermediates and derivatives.

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