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Chinese firm eyes Texas City's Shoal Point - The Galveston County Daily News : Local News

August 21, 2014

Chinese firm eyes Texas City's Shoal Point

Posted: Wednesday, June 4, 2014 8:45 pm | Updated: 10:50 am, Wed Jul 30, 2014.

TEXAS CITY — Hopes that Shoal Point would someday become a massive cargo terminal appear to be no more. Still, the city is in the running for something that could prove to be bigger, city and county officials confirmed.

Officials have been in talks with a Chinese company to build a $2 billion to $4 billion methanol plant at Shoal Point. A delegation from Connell Chemical Industry Inc. met with Mayor Matt Doyle, County Judge Mark Henry, Galveston County Economic Alliance and school district and college officials last week.

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