All of our products are derived from the conversion of natural gas feedstock; and through our diversification into natural gas production, we have created a fully integrated value chain from exploration to end delivery of products to our customers.
Proman entered the upstream sector in 2014 with our natural gas exploration and production joint venture in the Piceance Basin, USA and then furthered our involvement in 2015 through our partnership with DeNovo in Trinidad and Tobago.
In Trinidad and Tobago, DeNovo manages our natural gas production operations, capitalising on local talent and innovation in the upstream sector. DeNovo owns and operates our offshore platform off the west coast of Trinidad and the associated Gas Processing Unit, and is able to deliver feedstock directly to our downstream plants on the Point Lisas Industrial Estate.
In North America, Proman USA manages Proman’s natural gas operations, which includes its interest in natural gas production in the Piceance Basin, Colorado, as well as marketing and hedging operations.
All of Proman’s products are derived from the conversion of natural gas feedstock. These include:
- Fertilizer (Ammonia and UAN)
a fully integrated natural gas supply chain
cubic feet of gas produced by DeNovo per day
of Proman’s products derived from natural gas
Our Natural Gas Companies
Proman is the second largest methanol producer in the world, and we are actively committed to supporting the development of the global methanol economy. Methanol is a vital chemical component in the production of a multitude of everyday products, including automotive parts, paints and wood products and other building materials. It has diverse applications as an energy product, and is a clean-burning and biodegradable fuel that can be used to power marine vessels and road vehicles, and in electrical power generation.
Our investment in methanol began with the construction of the Caribbean Methanol Company on the Point Lisas Industrial Estate in Trinidad and Tobago, which began production in 1993.
Proman has continuously re-invested in its portfolio and we now have 8 methanol plants worldwide with a combined annual production capacity of 6.903 million metric tons.
Proman owns and operates one of the world’s largest standalone methanol plants, M5000, in Trinidad and Tobago, and jointly owns the largest methanol production facility in North America, the Natgasoline methanol plant in Beaumont, Texas.
In 2019, Proman Shipping entered into a joint venture with Stena Bulk to operate three methanol-powered ships, and we have subsequently announced three additional 49,900 dwt methanol dual-fuel MR tankers, bringing our total investment in methanol-powered vessels to six newbuildings. When used as a shipping fuel, methanol does not produce any sulphur emissions and produces very low levels of nitrogen oxide and particulate emissions, helping to create a more sustainable global shipping industry.
Proman is committed to implementing and developing more sustainable ways to produce methanol including the recycling of carbon dioxide, the use of bio-waste and the evaluation of new, more efficient production technologies.
Methanol is a vital chemical used in a huge range of everyday products, and is emerging as a renewable and biodegradable fuel. Uses and applications include:
- Paints, glues adhesives, wood products and furniture
- Marine fuel
- Clean-burning fuel and fuel blending
- Power generation
- Methanol to olefins (MTO)
- Pharmaceutical products
- Automotive parts
largest methanol producer in the world
metric tons total installed production annual capacity
methanol plants worldwide
Our Methanol Companies
Proman is one of the top ten global nitrogen-fertilizer companies, producing nitrogen-based fertilizers which contribute to healthy plant growth and high crop yields and support the agricultural sector worldwide.
Ammonia is the most common source of nitrogen content in fertilizers, as well as being used for pollution control, such as selective catalytic reduction (SCR) of nitrogen oxides levels in motor vehicle exhausts, or in power or chemical plants. Ammonia is also used as a stabilizer and neutralizer and as a source of nitrogen in industries such as waste and wastewater management, paper production and pharmaceuticals. Carbon dioxide, which is a by-product of the ammonia production process, is used by Proman’s methanol production facilities, thereby reducing emissions and waste.
We also produce urea ammonium nitrate (UAN), a liquid nitrogen-based fertilizer. Liquid fertilizer solutions containing UAN are versatile as a source of plant nutrition, as they can be combined with other nutrients or chemicals, meaning the liquid fertilizer can be customized to meet the needs of any soil or crop.
Our fertilizers are produced at our plants across the Point Lisas Industrial Estate in Trinidad and Tobago, principally at the AUM complex, which also manufactures melamine.
Ammonia is used for:
- Industrial applications such as pollution control in power and chemical plants, and as a refrigerant gas
- Source of nitrogen for fertilizers
- Source of nitrogen in the purification of water supplies
UAN is used for:
- Liquid fertilizer enabling plant growth
a top 10 producer of nitrogen-fertilizer
metric tons per year installed production capacity of ammonia
million metric tons per year installed production capacity of UAN