A.P. Moller Holding’s Post

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C2X LLC enters partnership with SunGas Renewables, a leader in providing proven process technology and equipment for enabling the production of renewable fuels. “SunGas’ leading biomass gasification technology platform and their highly capable team offers the fastest and lowest cost way to scale up the supply of green methanol that is so urgently needed to enable the marine, aviation, and chemicals sectors to reduce their fossil carbon emissions. Furthermore, we hope that our investment will also enable SunGas to advance the sale of their technology to other customers looking to produce renewable molecules for hard-to-abate industries,” says Brian Davis, CEO at C2X. Through an investment by C2X in convertible preferred stock issued by SunGas, the parties aim to develop, own, and operate multiple green methanol production facilities in North America to increase the supply of sustainable fuels and advance global decarbonization of hard to abate industries. https://lnkd.in/dEb3KAPG #apmoller #nyttigvirksomhed

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