- In January 2024, BASF announced a strategic partnership with Envision Energy, a green technology provider. Both companies are collaborating to develop an advanced and dynamic process design for converting green hydrogen and carbon dioxide into e-methanol
- In December 2023, Perpetual Next Company revealed its plans to develop a second biomethanol production facility in Estonia. The plant, which will have a production capacity of 220 kilotons, is expected to commence operations by 2027
- In December 2023, Cepsa and C2X Companies announced a joint initiative to establish a new green methanol production facility with an investment exceeding USD 1 billion. This expansion aims to meet the rising global demand for green methanol in the shipping, aviation, and chemical industries
- In September 2023, OCI Global disclosed its plans to double its green methanol production capacity in the U.S. The upcoming plant, with a production capacity of 400 kilotons, is set to become operational by 2025
- In July 2023, A.P. Moller – Maersk-supported SunGas Renewables announced its intention to construct a green methanol production facility with a USD 2 billion investment. The plant, located in Louisiana, U.S., will have an annual production capacity of 400 kilotons and is expected to start operations by 2027
