(Finance) – Maire announces that Nextchem, through his subsidiary KT Techwas awarded a license contract relating to the implementation of the owner technology NX Adwinmethanol Zero for Pacific Mexinol, a methanol system with very low carbon emissions (ultra -low carbon) nearby in Los Mochis, Sinaloaon the western coast of Mexico, with a total production of over 2.1 million tons per year.
Transition Industries LLC is a company based in Houston, Texas, which develops projects for the production of methanol and hydrogen with very low emissions in North America. Transition Industries is jointly developing the Pacific Mexinol project with the support of the International Finance Corporation (IFC), part of the World Bank.
AtStart of production in 2028Pacific Mexinol will be expected to be the largest plant in the world of methanol with very low carbon emissions, with a capacity of over 2.1 million tons per year. The production includes about 350 thousand tons per year of green methanol and 1.8 million tons per year of blue methanol, produced by natural gas with the capture of CO2.
The value of the license contract, which will be partly recognized in the signature and in part at the time of the final investment decision, is in the order of some tens of millions of euros, in line with this type of contracts. The entire package for the project is estimated to be approximately 250 million euros, and also includes basic engineering, the supply of proper equipment, as well as assistance for the testing phase, start -up and operation of the system.
The NX AdWinMethanol Zero technology developed by Gascontec, the controllated of Nextchem dedicated to solutions for the production of hydrogen and methanol with low emissions, integrates the owner of Autothermal Reforming (ATR) and the synthesis cycle of methanol with the ownership technologies of arrest of CO2. This technology It reduces carbon emissions almost to zero Converting the caught CO2 and green hydrogen in ultra -low carbon methanol.
Alessandro Bernini, CEO of Mairehe commented: “We are honored to support this important project with the cutting -edge technologies of Nextchem dedicated to energy carbon vector carbon emissions. This milestone confirms our strategic role in the energy transition And the ability to provide advanced solutions already marketable that allow our customers to open the way to the production of sustainable chemicals “.
Rommel Gallo, CEO of Transition Industrieshe added: “We are happy to start this strategic partnership with Nextchem and implement an innovative technology to create the largest in the world of methanol production in very low emissions. We are excited to work together with Nextchem to accelerate and support the decarbonisation of production
of methanol and chemicals on a global scale “.