Methanol
Transition Industries signs agreements for the Pacifico Mexinol Project, an ultra-low carbon chemical production facility
Transition Industries held a signing event for an engineering, procurement and construction (EPC) contract with the consortium of Samsung E&A and Techint Engineering and Construction for the Pacifico Mexinol project located in Ahome, Sinaloa, Mexico.
TOYO develops MRF-Z Neo—A compact reactor optimized for small-scale green methanol production
Toyo Engineering Corp. has developed MRF-Z Neo, a new compact methanol synthesis reactor specifically designed for small-scale production of green methanol – namely bio-methanol and eMethanol.
HyOrc and Acetech partner to develop waste-to-green methanol facility in the UK
HyOrc Corp. has signed a MoU with Acetech Metals Limited to develop a municipal waste-to-green methanol facility in Scunthorpe, UK. The first phase of the project will involve deploying a 35 tpd refuse-derived fuel (RDF) gasification plant integrated with methanol synthesis technology.
OCI Global completes $1.9-B sale of OCI Methanol to Methanex Corporation
OCI Global announced the successful closing of the divestment of 100% of its equity interests in its Global Methanol Business (OCI Methanol) to Methanex Corporation (Methanex) for $1.9 B.
Mitsubishi Shipbuilding and Mitsui O.S.K. receive AiP for LCO2/methanol carrier
Mitsubishi Shipbuilding Co., Ltd. and Mitsui O.S.K. Lines, Ltd. have acquired Approval in Principle from Nippon Kaiji Kyokai (ClassNK) for their jointly developed liquefied CO2 (LCO2) / methanol carrier.
Taiwanese container ship operator to install WinGD's methanol engines across more than 30 vessels
WinGD will provide X‑DF‑M dual-fuel methanol and X-Engine methanol-ready engine designs for over 30 container vessels to be built for a major Taiwanese container ship operator.
MAIRE, Azerbaijan partner to increase sustainability projects in Azerbaijan
The parties will focus on business opportunities in the renewable energy sector, low-carbon technologies, waste-to-energy solutions, green hydrogen, methane emissions reduction, and biofuels.
Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol
Mitsubishi Gas Chemical Company, Inc. and the Research Institute of Innovative Technology for the Earth have signed an agreement regarding the transfer of part of the CO2 recovered using a direct-air-capture (DAC) device. The collaboration will showcase innovative technologies that capture CO₂ from the atmosphere and transfer it to underground storage while also utilizing it for methanol production.
OCI Global receives U.S. regulatory approval for the sale of its global methanol business to Methanex Corp.
Under the proposed Transaction, Methanex will acquire 100% of the equity interests in OCI Methanol, comprising 100% of OCI’s US and European methanol assets. The Transaction consideration will be paid through a combination of approximately USD $1.2 billion of cash (taking into account net indebtedness) subject to customary closing adjustments, and the issuance of 9.9 million common shares of Methanex.
Phelan Green Group's $2.6-B eMethanol project remains on schedule
In a key development, Phelan announced that the primary export product will now be eMethanol, a derivative of H2, to meet immediate global demand from the maritime, and aviation sectors.
- Shell Aviation, Accenture, and Amex GBT expand Avelia into a multi-supplier SAF solution 7/16
- ORLEN and Krajowa Grupa Spożywcza sign MoU to accelerate biomethane production in Poland 7/16
- New plants, U.S. trade worries to drive China's 2025 naphtha imports to record 7/16
- Blue Water significantly reduces CO2 emissions by switching to HVO in port operations 7/16
- Swire Shipping launches new carbon insetting program – ‘Voyage to Zero’ 7/16
- China's surplus crude oil surges in June, giving refiners options 7/16
