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Article: FED: Govt commits $85 million to Burrup Peninsula project
- Article from:
- AAP General News (Australia)
- Article date:
- December 20, 2001
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AAP General News (Australia)
12-20-2001
FED: Govt commits $85 million to Burrup Peninsula project
By Chris Herde
BRISBANE, Dec 20 AAP - The federal government will commit $85 million to help a petrochemical
company build a $1 billion synthesis gas and methanol plant in Western Australia.
Resources Minister Ian Macfarlane said the plant would be established in the state's
north on the Burrup Peninsula, about 130km west of Port Hedland.
The investment incentive, along with $136 million committed by the WA government, will
be used by Methanex Corporation to develop multi-user infrastructure on the peninsula.
The funds will also be used for research and development in partnership with ...