OCI Global Doubles Capacity As Shipping Industry Seeks Green Methanol
OCI Global, the world's biggest producer of green methanol, plans to double the production capacity at its Texas facility to 400,000 metric tons per year, the company said in a statement on Thursday.
The Dutch green fuel-maker grows its capacity in response to a huge demand for green methanol from carbon emission-high industries like shipping, an industry responsible for around 3% of global emissions each year.