ACME Green Molecules signs a $1 billion long-term green methanol supply agreement with Japan’s Mitsubishi Gas Chemical, according to multiple reports. Under the deal, ACME will supply 100,000 tonnes of green methanol every year from its green-methanol plant in Odisha. The contracts covers a long-duration export arrangement aimed at securing ongoing demand for marine fuels. One report also describes the methanol as RFNBO-compliant, indicating it meets a classification for renewable fuels of non-biological origin. The arrangement is presented as a milestone for India’s green shipping fuel exports, linking the Odisha production facility to an international buyer in Japan. While outlets characterize the deal as positioning India more prominently in the global clean-marine-fuels market, the core terms highlighted across sources are consistent: the parties involved are ACME Green Molecules and Mitsubishi Gas Chemical, the agreement value is about $1 billion, and the annual supply volume is 100,000 tonnes of green methanol from Odisha.
ACME and Mitsubishi sign $1 billion long-term green methanol supply pact from Odisha
ACME Green Molecules signs a $1 billion long-term green methanol supply agreement with Japan’s Mitsubishi Gas Chemical, according to multiple reports. Under the deal, ACME will supply 100,000 tonnes o...
- ACME Green Molecules and Japan’s Mitsubishi Gas Chemical sign a long-term green methanol supply agreement.
- The agreement is valued at about $1 billion.
- ACME supplies 100,000 tonnes of green methanol annually.
- The methanol is produced at ACME’s plant in Odisha.
- At least one report describes the fuel as RFNBO-compliant for marine use.
ACME Green Molecules and Mitsubishi Gas Chemical have signed a $1 billion long-term agreement for the annual supply of 100,000 tonnes of green methanol from Odisha
1 month agoDeal puts India on the Global Green shipping map, anchoring long-term export demand for Clean Marine Fuels
1 month agoDeal puts India on the Global Green shipping map, anchoring long-term export demand for Clean Marine Fuels
1 month agoThe long-term agreement will see ACME supply 100,000 tonnes of green methanol annually from its Odisha plant, marking India's first RFNBO-compliant green marine fuel collaboration.
1 month ago
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