ACME Green Molecules Business recently signed a long-term agreement for the supply of green methanol with which Japanese chemical company?

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The correct answer is Option B: Mitsubishi Gas Chemical Company. ACME Green Molecules Business signed a long-term agreement with Mitsubishi Gas Chemical Company (Japan) to supply 100,000 tonnes of green methanol annually. The agreement, valued at approximately USD 1 billion, marks a significant step in India's low-carbon marine fuel exports. Green methanol is a low-carbon fuel produced from renewable feedstocks, reducing lifecycle carbon emissions compared to conventional methanol. The green methanol will be manufactured at ACME's facility in Paradip, Odisha, the group's third major investment in the state. The supplied fuel is designed to comply with European Union Renewable Fuels of Non-Biological Origin (RFNBO) standards and future International Maritime Organization (IMO) carbon-intensity regulations. Methanol (CH₃OH), also known as methyl alcohol, can be used as a marine fuel with only modest modifications to existing ships and port infrastructure. The International Maritime Organization (IMO) is the United Nations specialised agency responsible for global shipping safety and the prevention of marine pollution. The agreement strengthens India–Japan cooperation in the international trade of alternative low-carbon shipping fuels and supports the global transition towards greener maritime transport.

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Sumitomo Chemical Company

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Mitsui Chemicals, Inc.

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Asahi Kasei Corporation

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Resonac Corporation

ACME Green Molecules Business recently signed a long-term agreement for the supply of green methanol with which Japanese chemical company?

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ACME Green Molecules Business recently signed a long-term agreement for the supply of green methanol with which Japanese chemical company?

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