Company Performance Metrics
- Mark Joensen: CFO
- Mike Walsh: CEO
US Methanol is seeking $1.9 million in the form of a preferred stock paying 10% p.a. paid quarterly.
Two major forces have converged to create a fundamental shift and multi-million dollar opportunity in the US methanol market.
• Global demand for methanol in the last 5 years has grown by more than 45% to $32 billion in annual sales. Current
and forecast Global demand for methanol is expected to grow another 70% over the next 6 to 7 years.
• Over the same period of time, US oil and gas producers have been so successful in the development of shale gas that the price of the feedstock in the production of methanol, natural gas, has dropped 65% and is not expected to increase significantly for decades.
US Methanol intends to enter the methanol production business with the acquisition, relocation, and modification of an existing 9,000 metric tons per year methanol production facility. Our plans include relocating the facility from Utah to natural gas rich Pennsylvania. Upon relocation and re-commissioning, the facility will commence production in the second half of 2015 and will be the only methanol producer in a $375 million Northeastern United States market.
With a population of over 59 million within 300 miles of US Methanol’s proposed production facility in Pennsylvania, the methanol market in the Northeastern US is a 750,000 metric tons per year market. We intend to become “The Methanol Kings of the NE”.
Our management team has founded or co-founder numerous successful startups in technology and oil and natural gas. Between them they have taken public or managed 6 public companies and raised over $950 million.
The Company is a startup stage company incorporated in December 2014 and, unlike many other startups, expects to be generating revenue in mid-2015.
Management believes US Methanol represents a tremendous income producing investment opportunity.
