Who we are
Founded in 1984, Proman started as a PROject MANagement company specialised in the construction of large industrial projects. Today we are a global leader in natural gas derived products and services.
Headquartered in Switzerland, we are a multi-asset, multi-regional diversified energy producer with methanol and fertilizer production facilities in Trinidad and Tobago, the United States and Oman and we are currently expanding into Mexico.
Our history of growth
Proman began specialising in the construction of large industrial manufacturing projects.
Formation of Process Plant Services Limited in Trinidad and Tobago which developed into Industrial Plant Services Limited (IPSL) as Proman's operations company. The local employees now operate 5 methanol and 2 ammonia plants and the 7 plant AUM complex on the Point Lisas Industrial Estate. The valuable in-house expertise is shared with other Proman production sites globally to achieve operational excellence in all our facilities.
Moving into production
Methanol production was established in Trinidad and Tobago with the construction and start-up of the Caribbean Methanol Company (CMC, now known as M2) plant on the Point Lisas Industrial Estate.
Growth of the methanol business through the construction and start-up of the Trinidad and Tobago Methanol Company (TTMC II, now known as M3) plant, the Methanol IV Company plant (now known as M4) and the acquisition of Trinidad and Tobago Methanol Company (TTMC I, now known as M1). These assets were consolidated under Methanol Holdings (Trinidad) Limited (MHTL). In 1997, Proman co-founded Southern Chemical Corporation (SCC) to market and distribute methanol in North America.
Diversification into the fertilizer business with the construction and start-up of the Caribbean Nitrogen Company Limited (CNC) and Nitrogen (2000) Unlimited (N2000) ammonia plants in Trinidad and Tobago.
World’s largest stand-alone methanol plant
Construction and start-up of the world’s largest stand-alone methanol plant M5000 with a capacity of 5,400 metric tons per day adjacent to MHTL’s existing methanol plants. This almost doubled Proman's methanol production capacity in Trinidad and Tobago.
Expansion into a new region through the construction and start-up of the Oman Methanol Company (OMC) 3,000 metric ton per day methanol plant in Sohar, strategically located to access Asian markets.
7 plant AUM complex
Further diversification of the fertilizer business was achieved through the construction and start-up of MHTL’s seven plant AUM (ammonia, urea ammonium nitrate, melamine) complex in Trinidad and Tobago.
G2X Energy, United States
Strategic entry into the United States to capitalise on increasingly accessible shale gas reserves. We founded Houston based G2X Energy, Inc. (now Proman USA) and subsequently constructed the Pampa, Texas methanol plant which started up in 2015.
Diversification into natural gas production
Acquisition of natural gas production assets in Colorado and Trinidad and Tobago.
Continued growth of the methanol business
CEL became the majority owner of G2X, financing the expansion of the methanol business through a 50% stake in Natgasoline LLC. Commercial operations of Natgasoline's 5,000 metric ton per day methanol plant in Beaumont, Texas started in 2018.
Formation of Proman Shipping
Launch of new petrochemical shipping company in Switzerland to provide a highly efficient and high-quality service for customers and to expand our geographic reach.
Formation of Helm Proman Methanol AG
We merged all our methanol marketing activities into a global joint venture called Helm Proman Methanol AG, which is headquartered in Switzerland.
Merging of IPSL and PAGTT to create new company in T&T, called Proman
We merged IPSL and Proman AG (Trinidad and Tobago) to create a new company in Trinidad called Proman, representing a natural step for both businesses and enabling closer collaboration across all of our in-country subsidiaries.
Clean Energy Investment
We invested in the Varennes Carbon Recycling, Québec’s first carbon-recycling and biofuels plant, in a move to become the market leader in the bio-methanol market.
Proman has a global presence in the production, sale and distribution of natural gas derived products, including methanol, ammonia, melamine and UAN solution, as well as assets for the production of natural gas onshore in the United States and offshore in Trinidad and Tobago.
Proman is also a significant services business, with extensive experience in engineering, plant operations, petrochemical and power plant construction, product marketing and logistics, project management and project development. Our global development teams fund and develop projects, providing support at all stages by securing environmental permits, arranging critical commercial contracts and raising asset-level financing, to help bring projects to completion across the petrochemical and energy industry. They are also always looking for ways to utilise Proman’s experience and integrated value chain to explore innovative and forward-looking energy solutions.
We cover all aspects of the gas molecule’s journey from extraction through to production and onwards to the delivery of the final product to our partners. We are proud to have created a fully integrated value chain within the Proman family of companies.
Health, safety & the environment
The safety culture in Proman is at the heart of all that we do. This will not be compromised. We are not complacent in managing the consequences of the hazards in our businesses and we always comply with regulations, operating a more stringent internal level of compliance than required.
Our approach to protecting the environment mirrors that of our approach to safety. We strive to go above and beyond the regulatory requirements of the jurisdictions in which we operate. Proman is looking to operate long into the future and that future will only exist if we play an active role in setting the industry standard for environmental care.
Our people’s commitment and quality define us as a company. Our highly skilled and talented teams around the world use their expertise and experience to deliver high quality services across the business in project development and project management, in the construction and upgrade of plants, in the management of plant operations as well as in the maintenance and turnarounds of existing facilities.
News and updates
Announcing the Launch of the Proman Foundation – Delivering opportunities for sustai...
Port of Spain, Trinidad and Tobago May 25th, 2023 – Leading methanol and ammonia producer Proman has today announced the launch of…