The deal covers the production of green methanol from multiple facilities
As part of its strategy to decarbonize customers’ supply chains, AP Moller -Maersk (Maersk) has entered a green methanol Letter of Intent with U.S. based SunGas Renewables, a leader in providing technology and equipment systems for large-scale production of renewable fuels.
The Letter of Intent covers the production of green methanol from multiple facilities to be developed by SunGas in the United States from which AP Moller-Maersk intends to offtake full volumes of green methanol. The first facility is expected to begin operations in 2026 and have an annual production capacity of approximately 390,000 tonnes.
“We are very pleased to welcome SunGas Renewables as a strategic partner in our efforts to achieve our goal of net zero greenhouse gas emissions in 2040 across our entire business,” commented Emma Mazhari, Head of Green Sourcing and Portfolio Management, AP Moller-Maersk.
The SunGas facilities will utilize its flagship System 1000 platform to convert sustainably sourced residues from the forestry and wood products industries into green methanol.
“Our partnership with Maersk marks an important milestone for SunGas as we continue our mission to make a global impact in the energy transition,” remarked Robert Rigdon, CEO, SunGas.