Article

ACME Group has announced a $1.4 billion investment in a green methanol plant in Odisha, set to produce 200,000 tonnes of green methanol by 2029-30, in partnership with the Odisha government. The project aims to support global maritime decarbonization efforts and includes plans for additional green hydrogen and ammonia initiatives. Funding will be sourced through debt and potential equity raises, with offtake agreements being discussed with global shipping lines.