NEXTCHEM Wins 210 Million Euro Contract for Low-Carbon Methanol Project in Mexico

NEXTCHEM, a subsidiary of MAIRE, recently won a contract worth approximately 210 million euros to provide basic engineering and key equipment for the Pacifico Mexinol ultra-low carbon methanol project in Sinaloa, Mexico. The plant produces 2.1 million tons of methanol per year, of which about 15% is green fuel (RFNBO) that meets ISCC-EU standards.

The agreement was signed by KT Tech, a subsidiary of NEXTCHEM, and EPC contractor Samsung E&A. The total investment of the project exceeds US$3.3 billion. It is jointly developed by Transition Industries of the United States and the International Finance Corporation (IFC). It is scheduled to be put into production in 2029. At that time, it will become the world's largest single ultra-low carbon methanol plant, with an annual output of 350,000 tons of RFNBO methanol and 1.8 million tons of low-carbon methanol treated with carbon capture.

This contract covers engineering design, key equipment supply and operational support services based on NEXTCHEM NX AdWinMethanol Zero technology. The final investment decision is expected to be made in the fourth quarter of 2025.

Fabio Fritelli, Managing Director of NEXTCHEM, said that this project is the company's largest single contract to date, marking the key role of NEXTCHEM's sustainable technology solutions in the global energy transition.