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Texas City closer to landing $2B methanol plant
TEXAS CITY — The plans for SSA Marine to build a multimillion-dollar megaport near the Texas City Dike are now officially sunk. Still, Shoal Point may find new life as a multibillion-dollar methanol plant.
City commissioners are expected to approve a mutual termination agreement with SSA Marine, ending the Seattle-based marine company’s exclusive rights to develop Shoal Point, a 900-acre peninsula that sits along the Texas City Ship Channel near the dike.
http://www.galvestondailynews.com/news/local_news/article_4c8b216c-0ca8-11e4-834c-001a4bcf6878.html (subscription required).
