The project foresees an investment of up to 1,000 million euros in land of the Port of Huelva, with the generation of 2,500 direct and indirect employments.

One of the five largest green methanol plants in the world, the one with the highest production capacity in Europe, will be built in the province of Huelva, on the port lands. Cepsa and C2X, a company owned by the giant AP Moller-Maersk, have announced this Friday a mega-project that will require an investment of around 1,000 million euros, with an impact of 2,500 direct and indirect employments, projected entirely on the lands of the Port of Huelva and which will confirm, not only the province of Huelva, but Andalusia as the great industrial center of Europe in the world strategy of decarbonization.

The announcement captured the world’s attention yesterday during the annual climate change summit, COP28, which is being held these days in Dubai. At the forefront, the CEOs of Cepsa, Maarten Wetselaar, and the CEO C2X, Brian Davis, in the Spanish pavilion, with the participation of the President of the Government, Pedro Sánchez, and the Minister for Ecological Transition and the Demographic Challenge, Teresa Ribera.

The alliance presented this Friday has another dimension within the framework of sustainability, but with a global dimension. The facility planned for the Port of Huelva aims at an annual production capacity of 300,000 tons, with a maximum that could reach 380,000 tons of green methanol, with direct application in long distance maritime transport and in the chemical industry, generated using green hydrogen, also in Huelva. This production would lead to a reduction of up to one million tons of CO2 emissions.

Information by: Huelva Información.

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