In Canada, Methanex announced the acquisition of OCI Global’s international methanol assets for $2.05 billion. The deal includes two large methanol facilities in Beaumont, Texas, with a combined annual production capacity of 1.76 million tonnes of methanol. One plant also produces 340,000 tonnes of ammonia per year, marking Methanex’s entry into ammonia production. The acquisition […]
In The Netherlands, Offshore Energy reported that Swedish hydrogen fuel cell provider PowerCell has obtained approval in principle (AiP) from classification society DNV for a new methanol-to-power solution that combines a methanol reformer with a fuel cell system. The report stated that the new solution has a fully integrated methanol reformer from RIX Industries combined […]
In Nigeria, Nairametrics reports the China Road and Bridge Corporation signed a $3.3 billion agreement with Nigeria’s Brass Fertilizer and Petrochemical Company Ltd. for the development of the Brass Industrial Park and Methanol Complex in Bayelsa State, Nigeria. This significant partnership, signed during the Forum on China-Africa Cooperation in China, is aimed at bolstering Nigeria’s […]
In the UK, researchers at the University of Liverpool have achieved a significant milestone in the conversion of carbon dioxide (CO2) into valuable fuels and chemicals, marking an important step towards a sustainable net-zero economy. In a paper published in the journal Chem, the team reports a pioneering plasma-catalytic process for the hydrogenation of CO2 […]
In California, Daily Breeze reports The Port of Los Angeles was set to celebrate the Alette Maersk, a groundbreaking methanol-powered cargo ship, with public tours on Wednesday. However, the event was abruptly canceled due to planned protests linked to Maersk’s alleged involvement in the Israel-Hamas conflict —a charge the company has not confirmed. Just a […]
In Switzerland, Proman announced over the past 12 months, it has delivered 12,500 metric tons of methanol fuel to vessels in Trinidad, solidifying the Port of Point Lisas as a burgeoning hub for methanol refueling in the Caribbean. With methanol produced at Proman’s local facilities, earlier this month Proman refueled the Stena Prosperous and in […]
In The Netherlands, Offshore Energy reports the International Maritime Organization granted consultative status to the Methanol Institute, empowering the trade association to offer expertise directly in IMO’s regulatory discussions. With this status, MI can now attend and contribute to IMO meetings, participating actively in shaping the industry’s approach to achieving net-zero emissions by 2050. The […]
In New Zealand, NRZ reported that the country’s biggest gas user Methanex is temporarily shutting its New Zealand methanol plants and selling the gas to power companies. The report noted that the firm would shut its Taranaki plant until the end of October after agreeing to sell the gas to Contact Energy and Genesis Energy. […]
In Norway, Höegh Autoliners announced taking delivery of the DNV equipped “ammonia ready” and “methanol ready” Höegh Aurora at a naming ceremony at China Merchants Heavy Industry’s yard in Jiangsu, China. The Höegh Aurora is the first in the pure car and truck carrier segment capable of operating on carbon-neutral ammonia. CEO Andreas Enger stated, […]
In Denmark, Maersk announced their fleet renewal program continuation with the signing of newbuilding orders and time-charter contracts for 50-60 dual-fuel vessels capable of running on methanol or liquified bio-methane, totaling 800,000 TEU. The exact allocation of propulsion technologies will be determined based on future regulatory requirements and the availability of green fuels. This approach […]
