MAIRE group’s technology division NextChem, through its subsidiary KT TECH SpA, also signed a basic engineering, critical, and proprietary equipment supply agreement with Samsung E&A in connection with its proprietary NX AdWinMethanol®Zero technology supply to the project, as announced in July 2025 and previously reported here.
Transition Industries is jointly developing the Pacifico Mexinol project with the International Finance Corporation (IFC), a member of the World Bank Group. When it initiates operations in 2029, Pacifico Mexinol is poised to be the largest standalone ultra-low carbon chemical production facility in the world – producing approximately 350 000 tpy of green methanol and 1.8 million tpy of blue methanol from carbon capture and natural gas.
Transition Industries expects to sign additional strategic agreements and reach significant milestones this summer. The project is expected to be presented as an example of an ultra-low carbon chemicals project at scale at COP 30 in Belem, Brazil in November 2025.