Innovative Methanol Project in Mexico: NEXTCHEM Wins €210M Contract
Key Ideas
  • NEXTCHEM secures a €210 million contract for the Pacifico Mexinol low-carbon methanol project in Sinaloa, Mexico.
  • The project aims to produce 350,000 metric tons of renewable fuel methanol annually, contributing to the energy transition.
  • Utilizing proprietary technology, the project converts captured CO2 and green hydrogen into ultra-low-carbon methanol, minimizing emissions.
  • Fabio Fritelli, Managing Director of NEXTCHEM, highlights the significance of the project for the Mexican economy and global energy transition.
NEXTCHEM, a technology business unit of Italy's MAIRE group, has been awarded a €210 million engineering and equipment supply contract for the low-carbon methanol project, Pacifico Mexinol, in Sinaloa, Mexico. The project, developed by Transition Industries and the International Finance Corporation, aims to produce renewable fuel methanol and low-carbon methanol from natural gas with carbon capture. Utilizing the NX AdWinMethanol Zero technology, which converts CO2 and green hydrogen into ultra-low-carbon methanol, the project minimizes emissions. The initiative is set to support various sectors, with the methanol to be exported globally. The project, expected to be operational by 2029, is a significant step towards sustainable energy production and economic development. Fabio Fritelli, Managing Director of NEXTCHEM, expresses the importance of this project for both Mexico's domestic economy and the global energy transition. This project showcases the potential of innovative technology in reducing carbon emissions and advancing the use of renewable fuels.
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