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05 Oct
11:00

Egypt, Maersk's C2X ink deal for green fuel production

Egypt’s Suez Canal Economic Zone (SCZONE) could become home to a new green fuel production facility with an estimated $3 billion new investment, Kallanish reports. Green methanol project developer C2X and the Egyptian government on Wednesday signed a framework agreement paving the way for the project. C2X, a new company launched by shipping major Maersk and its parent company AP Moller Holdings, aims to produce 300,000 tonnes/year of green methanol from the …
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