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 Long-Term Agreement

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

Details of the Agreement

The agreement will take effect upon the Project’s Final Investment Decision (FID). Under the terms, Transition Industries will provide MGC with approximately 1 million metric tons per year of ultra-low carbon methanol.

Pacifico Mexinol Project

The methanol will be produced at the Pacifico Mexinol project, a 6,130 metric tons per day facility near Topolobampo, Sinaloa, Mexico. The plant is expected to begin operations in 2029. Transition Industries is developing this project in partnership with the International Finance Corporation (IFC), part of the World Bank Group.

Leadership Comments

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

Author's Summary

This agreement marks a significant step in producing and supplying ultra-low carbon methanol, advancing global efforts toward net-zero emissions in chemical manufacturing.

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