ACME Green Molecules Signs Long-Term Green Methanol Supply Deal with Mitsubishi Gas Chemical

ACME Green Molecules Signs Long-Term Green Methanol Supply Deal with Mitsubishi Gas Chemical

¨     ACME Green Molecules Business, part of India’s ACME Group, signed a binding long-term Purchase and Sale Agreement with Mitsubishi Gas Chemical Company on 3 July 2026.

¨     The agreement covers the supply of 100,000 tonnes per annum of green methanol.

¨     The total estimated value of the deal is around USD 1 billion.

¨     Green methanol is a low-carbon fuel produced from renewable sources and is used in industrial and maritime applications.

¨     Unlike conventional methanol, green methanol is designed to significantly reduce lifecycle carbon dioxide emissions.

¨     The product falls under RFNBO (Renewable Fuels of Non-Biological Origin), a classification used under European Union fuel regulations.

¨     The supplied fuel is intended to meet EU regulatory standards as well as future International Maritime Organization (IMO) carbon-intensity requirements for shipping.

¨     The green methanol will be produced at ACME’s facility in Paradip, Odisha.

¨     Paradip is a key port location on India’s eastern coast, supporting large-scale industrial and export activities.

¨     This marks the third major investment by the ACME Group in Odisha, strengthening its presence in the state’s clean energy sector.