Mercuria purchased the 102 M Mgy. plant from a subsidiary of Noble Group Ltd. in December, 2017, for $18.1 million.
The plant currently operates at a capacity of approximately 65 MMgy. The company plans to spend up to $30 million to improve efficiency and reliability and to expand production capacity to approximately 100 MMgy, according to a release. (Source: Mercuria, PR, Jan., 2018) Contact: Noble Group, +852 2861 3511, (713) 244- 0560 -- Houston Office, www.thisisnoble.com; Mercuria Investments, email@example.com, www.mercuria.jp/english
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