Transition Industries and Mitsubishi Gas Chemical Sign Agreement for the Purchase and Sale of Ultra-Low Carbon Methanol | AFP.com

Transition Industries and Mitsubishi Gas Chemical Sign Methanol Agreement

Transition Industries LLC, a developer of large-scale net-zero carbon methanol and hydrogen projects, has signed a long-term purchase agreement with Mitsubishi Gas Chemical Company, Inc. (MGC) for ultra-low carbon methanol.

Details of the Agreement

The agreement will take effect once the Project’s Final Investment Decision (FID) is made. Under the terms, Transition Industries will supply MGC with approximately 1 million metric tons of ultra-low carbon methanol annually.

Pacifico Mexinol Project

This methanol will be produced at the Pacifico Mexinol project, a 6,130 MT per day facility located near Topolobampo, Sinaloa, Mexico. The plant is expected to begin operations in 2029.

Transition Industries is co-developing the project with the International Finance Corporation (IFC), part of the World Bank Group.

Leadership Comments

“We are proud to announce the signing of a long-term ultra-low carbon methanol purchase and sale agreement with MGC, a recognized global leader in chemical manufacturing and marketing.”
— Rommel Gallo, CEO of Transition Industries

Masahiko Naito, Division Director of Mitsubishi Gas Chemical, and Rommel Gallo, CEO of Transition Industries, signed the agreement in Tokyo on November 6, 2025.

Source

Press release available on BusinessWire, November 2025.

Summary: Transition Industries and MGC formalize a strategic partnership to advance ultra-low carbon methanol production with the Pacifico Mexinol plant to start in 2029, marking a milestone in net-zero chemical manufacturing.

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Agence France-Presse Agence France-Presse — 2025-11-07