Maersk, APM Holding form green methanol venture

C2X is working on large-scale green methanol projects near the Suez Canal in Egypt and the port of Huelva in Spain as well as in several other locations to produce over three million tonnes of green methanol by 2030.

The first green methanol-fuelled container ship, owned by Maersk, sailed from South Korea in July, and is anchored near its HQ in Copenhagen.

C2X was founded to enable the energy transition in several hard to abate industries including plastics, glues, textiles and fuels. I am delighted to see the talented team, who has joined C2X, and the strong interest from partners and prospective customers to support the venture’s important purpose and development: Robert M. Uggla, A.P. Moller Holding.

Innovative companies like C2X are going to play an incredibly important role in ramping up green fuel production in the coming years - at pace and at scale. It is great to see A.P. Moller Holding and Maersk making such meaningful investments: Morten Bo Christiansen, Maersk

The green methanol industry is nascent and new technologies are emerging, and we will work hard to drive down our production costs over time. However, there is a strong customer pull and regulatory support so we are confident that, together with our partners, we can deliver at scale: Brian Davis, C2X

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