Mitsubishi Gas Chemical, ACME Sign 100,000-Ton Green Methanol Deal for Odisha Supply by 2030
Updated
Updated · futuremarketinsights.com · Aug 13
Mitsubishi Gas Chemical, ACME Sign 100,000-Ton Green Methanol Deal for Odisha Supply by 2030
1 articles · Updated · futuremarketinsights.com · Aug 13
Summary
The agreement covers about 100,000 tons of green methanol a year from ACME Group’s planned Odisha production, with deliveries set to start in 2030.
That offtake reflects a market shifting toward long-term contracts as shipping and industrial buyers seek qualified low-carbon fuel and feedstock with defined delivery terms.
Marine fuel is projected to be the largest application for green ammonia and renewable methanol in 2026 at 27%, helped by vessel operators’ recurring bunkering needs.
The broader market is forecast to grow from $6.2 billion in 2026 to $33.6 billion by 2036, though high renewable-hydrogen costs and limited qualified supply still threaten project financing.