Transition Industries LLC, a developer of large-scale methanol and hydrogen projects aimed at achieving net-zero carbon emissions, has entered into a long-term sales and purchase agreement with Mitsubishi Gas Chemical Company, Inc. (MGC). The partnership focuses on supplying ultra-low carbon methanol, marking a significant step toward cleaner industrial production.
The contract will take effect once the Pacifico Mexinol project reaches its Final Investment Decision (FID). Under the terms, Transition Industries will deliver approximately 1 million metric tons of ultra-low carbon methanol annually to MGC. The Pacifico Mexinol facility, located near Topolobampo, Sinaloa, Mexico, has a designed capacity of 6,130 metric tons per day and is expected to begin operations in 2029.
The Pacifico Mexinol project is being developed jointly by Transition Industries and the International Finance Corporation (IFC), part of the World Bank Group. The collaboration highlights a shared commitment to sustainable fuels and responsible resource management.
“We are proud to announce the signing of a long-term ultra-low carbon methanol purchase and sale agreement with MGC, a recognized global leader in chemical manufacturing and marketing,” said Rommel Gallo, CEO of Transition Industries.
Author’s summary: The agreement between Transition Industries and MGC paves the way for large-scale production of ultra-low carbon methanol, reinforcing global efforts toward clean energy and industrial sustainability.