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Koch Methanol acquires majority ownership stake in St. James Parish methanol joint venture

August 2019

Client(s) Koch Industries, Inc.

Jones Day advised Koch Methanol, LLC ("Koch Methanol"), a subsidiary of Koch Industries, Inc., in connection with the recapitalization of YCI Methanol One, LLC (the "Joint Venture"), a joint venture between Koch Methanol and Yuhuang Chemical Industries, Inc., a wholly owned subsidiary of Shandong Yuhuang Chemical Company, Ltd. As a result of this transaction, Koch Methanol is the indirect, majority owner and managing member of the Joint Venture. The Joint Venture is currently constructing a $1.85 billion methanol production facility in St. James Parish, Louisiana.

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