NEXTCHEM Secures Licensing Deal for Ultra-Low Carbon Methanol Plant in Mexico

Project Overview

NEXTCHEM's subsidiary KT Tech has secured a licensing contract for the NX AdWinMethanol® Zero technology at the Pacifico Mexinol facility in Los Mochis, Sinaloa, Mexico. The plant will produce over 2.1 million tons of ultra-low carbon methanol annually, making it one of the largest standalone facilities of its kind globally.

Investment and Timeline

The total project package is estimated at €250 million, covering basic engineering, proprietary and critical equipment supply, and assistance for commissioning, start-up, and operation. The facility is expected to begin operations in 2028.

Technology and Production

The NX AdWinMethanol® Zero technology integrates Autothermal Reforming (ATR) and CO₂ capture to minimize carbon emissions. The plant will produce approximately 350,000 metric tons of green methanol and 1.8 million metric tons of blue methanol annually, using natural gas with carbon capture.

Partnerships

Transition Industries LLC, based in Houston, Texas, is developing the Pacifico Mexinol project in collaboration with the International Finance Corporation (IFC), a World Bank Group member. The licensing award's value is in the low tens of million euros, recognized partly upfront and partly at the Final Investment Decision.