C2X looks to build large-scale green methanol production

C2X, a new independent company which is majority owned by A.P. Moller Holding, is aiming to build, own and operate assets to produce green methanol at scale.

Maersk, which has a 20% stake in C2X, intends to source green methanol from the company, which plans to have an annual production capacity of more than 3m tonnes by 2030.

At first, it is pursuing large-scale green methanol projects near the Suez Canal in Egypt and the Port of Huelva in Spain, as well as other opportunities across several geographies.