Published by Todd Bush on September 11, 2024
LOS MOCHIS, Mexico--(BUSINESS WIRE)--Transition Industries LLC recently completed a month-long series of public consultation and disclosure meetings in Mexico to share results of its Environmental and Social Impact Assessments (ESIA) for the Pacifico Mexinol project, a 6,145 MT per day methanol production facility near Topolobampo, Sinaloa, Mexico. The voluntary disclosure process aligns with the International Finance Corporation (IFC) Environmental and Social Performance Standards and the Company’s industry-leading transparency and stakeholder engagement policies. It was an important milestone for the Project, which expects to break ground by early-2025.
>> In Other News: Plans for Minnesota’s First Sustainable Aviation Fuel (SAF) Blending Facility Revealed by GREATER MSP Partnership-led Coalition
The results of the IFC-aligned ESIA, prepared by international sustainability firms RSK Group and SLR Consulting, alongside Mexican environmental consultancy Bustamante + Freyre, do not predict any significant environmental or social impacts as a result of the Project’s sustainable design, innovative engineering, and application of risk management measures. The ESIA supplements the 2022 ESIA to Mexican standards, which resulted in the issuance of a permit by local authorities in 2023.
The Company’s strategic community investment programming is also progressing, including support for the local indigenous university to complete community opportunity assessments, the signing of local community development agreements, and partnership opportunities geared towards economic development, education, and technology.
When it initiates operations, Pacifico Mexinol is expected to be the largest single ultra-low carbon methanol facility in the world—producing approximately 300,000 MT of green methanol from captured carbon and green hydrogen, and 1.8 million MT of blue methanol annually from natural gas with carbon capture. Furthermore, the Project’s water solution to use municipal wastewater for all water resource needs (eliminating the need to use freshwater or to impact the Bay of Ohuira) will be one of the world’s largest applications of industrial water reuse from municipal effluent.
Pacifico Mexinol is expected to reach Final Investment Decision in 2024 and break ground in early-2025. Commercial operations are expected to begin in early-2028.
Transition Industries LLC, based in Houston, Texas, is a developer of world-scale, net-zero carbon emissions methanol and hydrogen projects in North America to address climate change and promote environmental and social sustainability. Transition Industries has a Joint Project Development Agreement (JPDA) with the International Finance Corporation (IFC), a member of the World Bank Group, and a Master Services and Marketing Agreement (MSMA) with Macquarie Commodities Trading.
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🌽 Frontier Infrastructure Holdings & Carbonfuture Announce Largest Ethanol BECCS Carbon Removal Partnership Agreement to Date ♻️ Puro.earth Certifies World's First Biogas BEC...
Inside This Issue ⛏️ First Well of Lawson Commercial Validation Drill Program (Still in Progress) Encounters Continuous Natural Hydrogen Readings Over 831 Meters and Highest Readings to Date in Ma...
Inside This Issue ✈️ Delta and Shell Ink 5-Year SAF Deal Across 5 US Hubs 🌲 Plumas County Receives Top Bioenergy Rating, Opening Door for Biomass Investment 📜 Rep. Kiley Introduces Bill to Incenti...
The Carbon to Sea Initiative has awarded $225,000 to a cross-sector team of scientists, engineers, and industry professionals to study how ocean alkalinity enhancement (OAE) can be integrated into ...
Intesa Sanpaolo Joins £500m Financing for Eni CCUS Holding
Intesa Sanpaolo, through its IMI Corporate & Investment Banking Division, has taken part, alongside a pool of international banks, in a financing facility of more than £500 million in favour of...
AUSTIN, Texas, July 29, 2026 /PRNewswire/ -- Hyroad Energy, an independent solution provider operationalizing hydrogen-fueled commercial trucking for fleets, today announced a hydrogen refueling st...
Indiana Preparing Federal Takeover Application, Regulations For Controversial Carbon Storage Wells
A sign opposes Wabash Valley Resource’s proposed sequestration development. The site is the only one in Indiana that has a federal permit authorizing it to capture and inject carbon underground. (P...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.