Atlantic Methanol Production Company LLCHouston, TX, United States

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Atlantic Methanol Company Description

Atlantic Methanol Production Company must like to think proverbially, because "Waste not, want not" seems to be its motto. The company tries not to waste the natural gas that is a by-product of its parent companies' production processes. Atlantic Methanol was founded in 1997 as a vehicle to make use of natural gas being expent each day off the coast of Equitorial Guinea. It began production four years later. It produces about 1 million tons of methanol annually. Noble Energy and Marathon Oil each own 45%, with the state-controlled SONAGAS owning the remaining 10%.

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The Company Description provides a historical perspective of Atlantic Methanol's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Atlantic Methanol's evolution in the marketplace.

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