Billion dollar investment to secure Maersk green methanol in the US

SunGas Renewables will build a factory capable of producing 400,000 tonness of green methanol that Maersk will use for its new green ships.
Maersk's first ship to run on green methanol is currently en route to Denmark on its maiden voyage. | Photo: Pr/Mærsk
Maersk's first ship to run on green methanol is currently en route to Denmark on its maiden voyage. | Photo: Pr/Mærsk

With an investment of USD 2bn, US company SunGas Renewables will build a plant in Louisiana that can produce around 400,000 tonnes of green methanol for shipping.

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