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Transition Industries has received approval to commence construction on the $3.3 billion Pacifico Mexinol project in Sinaloa, Mexico. The facility is designed to produce 1.8 million tonnes of blue methanol and 350,000 tonnes of green methanol annually, supported by a long-term natural gas supply contract with CFENergía. Japan's Mitsubishi Gas Chemical will purchase approximately 50% of the output, contributing to low-carbon initiatives in the Asia-Pacific region.