Investor Presentation March 2024
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Reducing emissions and exploring paths to low-carbon methanol
Providing solutions for the emerging low-carbon market supports our strategy of global methanol leadership
Efficiency
Projects
For the last three years, Methanex
has systematically identified,
evaluated and implemented
efficiency and emissions reduction
projects. In 2023, invested more
than $15 million of capital into
energy efficiency and reliability
projects with GHG reduction
benefits at existing sites.
Reduced-intensity
Expansion Projects
The G3 plant in Geismar,
Louisiana, is expected to
start up in 2024 and will have
one of the lowest emission
intensity profiles in the
industry.
Low Carbon
Projects
Invested close to $1 million on
feasibility studies for carbon
capture and storage (CCS) in
2023, which allowed us to refine
the potential scope and increase
certainty around key assumptions
required to progress a project
into Pre-FEED.
Renewable Natural
Gas
Using renewable natural gas
or biomass in a conventional
methanol process results ina
form of green methanol
called bio-methanol.
E-methanol
Production
Exploring opportunities and
conducting feasibility studies to
use renewable electricity to
produce green hydrogen and
combine this with industrial or
biogenic CO₂ from third parties to
produce e-methanol.
The upgrades from projects
completed in 2022 and 2023
will help avoid ~60,000
tonnes CO₂ e per year.
Estimated G3 intensity of <0.30
tonnes of CO₂/tonne of
methanol, which will lower our
average emissions intensity.
Committed to advance at least
one low-carbon project into Pre-
FEED (Preliminary Front End
Engineering and Design) in 2024.
Certified by the ISCC to produce
bio-methanol in Geismar,
enabling sales to European fuel
customers underthe
Renewable Energy Directive II
(RED II).
Plan to further explore the
feasibility of e-methanol
specifically at our Geismar,
U.S., and Damietta Egypt
sites in 2024.
Methanex | The Global Methanol Leader | Investor Presentation March 2024
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