No new plans yet for Nauticol site after cancellation of blue methanol plant proposal
The reeve of the County of Grande Prairie says the county is not taking any action right away in light of the announcement by Nauticol that it is cancelling plans to build a blue methanol plant south of Grande Prairie.
The project had an estimated value of $4 billion.
Bob Marshall says Nauticol has first right on refusal on the land along Resources Road close to the Weyerhaeuser and International Paper mils through 2024.
“After 2024, the land does revert back to us. That first right of refusal falls off and then we can do with it as we please. We can pursue any other organization.”