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SunGas to construct $2bn green methanol facility in Louisiana

Maersk expected to offtake the nearly 400,000 metric tonnes per year to be produced in the Beaver Lake Renewable Energy facility

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US-based SunGas Renewables, which signed a strategic partnership with Maersk in late 2022, will begin construction on a $2bn green methanol facility in late 2024. Maersk intends to offtake the full capacity of nearly 400,000 metric tonnes of green methanol

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