The wildfire has taken out several of the 14 geothermal power plants in The Geysers, said Calpine spokesman Brett Kerr, but some of the remaining plants are still contributing electricity to the northern California region.
China’s Shandong Yuhuang Chemical Co. formed the Yuhuang Chemical Inc. in Houston last year to develop the large methanol plant in Louisiana’s St. James Parish, which is between New Orleans and Baton Rouge. Methanol is primarily used to make other commercial chemicals.
The overhaul that started in 2007 turned out to be a prophetic decision after crude prices collapsed, sending oil field services companies scrambling to find new, more efficient ways to drill and complete wells at a cheaper cost.
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