Methanol Processing Plant on The Way?

(Toledo, OH) There may be another new business moving alongside the Maumee River. 

Midstream Methanol is interested in leasing land from the port authority for construction of a new methanol production and distribution facility that would locate along Front Street next to the existing Seneca Petroleum site. 

But there's no guarantee-- with port authority approval, the company would pull the trigger on a land lease option on nearly 10 acres of riverfront property, while it explores the possibility of the new facility. 

Midstream Methanol also is proposing a 30-year lease with options to renew if its due diligence leads the company to build a multi-million dollar methanol plant and distribution center.

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