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Methanex and Entropy Partner to Reduce Emissions in Methanol Production
Jul 17, 2024•almost 2 years ago
Contract Type
partnership
VancouverEnergyOil And Gas
Description
Methanex Corporation and Entropy Inc. have entered into an agreement to invest in a Preliminary Front-End Engineering and Design study for carbon capture, utilization, and sequestration deployment at Methanex’s Medicine Hat, Alberta facility. This collaboration will leverage Entropy’s proprietary modular post-combustion carbon capture technology and Methanex’s manufacturing expertise to utilize a portion of the captured CO2 to produce additional methanol, showcasing the leadership of two Canadian companies in the low-carbon transition.
Company Information
Company
Methanex Corporation
Location
Vancouver, British Columbia, Canada
About
Methanex is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the Nasdaq Stock Market in the United States under the trading symbol “MEOH”.
VancouverEnergyOil And Gas