Pacífico Mexinol Celebrates the Symbolic Groundbreaking in Topolobampo, Positioning Mexico in the New Low-Carbon Chemical Industry
24.4.2026 02:29:00 CEST | Business Wire | Press Release
The Pacifico Mexinol project (“Mexinol”) celebrated the beginning of its pre-construction phase by symbolically laying a first stone, marking the start of one of the most significant global industrial investments in blue and ultra-low carbon methanol. The event brought together diplomats, authorities, and national and international business leaders, reflecting the project’s strategic importance for Mexico and its integration into the emerging low-carbon economy.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423775301/en/
Adolfo Murietta, Project Shareholder; Rommel Gallo, CEO Transition Industries; Ron Johnson, United States Ambassador to Mexico; Drew Hoster, Counsel General of the United States in Hermosillo, Sonora. Photo courtesy of: Luz Noticias.
The ceremony was led by Rommel Gallo, CEO of Transition Industries, Mexinol’s parent company, alongside the United States Ambassador to Mexico, Ron Johnson; the Undersecretary of Trade and Industry at the Ministry of Economy, Dr. Vidal Llerenas; the Director General of International Affairs at the Ministry of Energy, Dr. Laila Porras; and the Director of CFEnergía, Eréndira Corral.
Multilateral organizations also participated — including the International Finance Corporation (IFC), a member of the World Bank Group — along with international investors, representatives of development finance institutions, export credit agencies from the United States, Italy, Germany, and South Korea, federal officials, and executives from global companies involved in the project’s development. Messages were also received from the Ambassadors of Japan and Italy, reflecting the broad international and financial support for this initiative.
In his keynote address, Rommel Gallo, CEO of Transition Industries, highlighted:
“Mexinol is a strategic platform for North America’s competitiveness, generating economic value and quality jobs in Mexico and the United States. Equally important, it integrates global resources, infrastructure, and capital to deliver a world-scale chemical facility. We are proud of the partnerships built to position Mexico as a key player in the new global chemical industry, strengthening its role in more sophisticated value chains and optimizing the use of resources, from wastewater to natural gas and green hydrogen.”
Ron Johnson, United States Ambassador to Mexico:
“We are not just breaking ground today. We are building the future of both of our countries and strengthening the kind of partnership that delivers tangible results for our people. Today marks an important milestone, not only for the Mexinol project, but for our bilateral relationship. Beyond cross-border jobs and development opportunities, we are here to support a private investment model based on trust, transparency, fairness, and the rule of law.”
Vidal Llerenas, Undersecretary of Trade and Industry at the Ministry of Economy:
“We recognize the support of the Mexican government for this strategic project for the industrial development of Sinaloa, which strengthens confidence to attract investment. Beyond the numbers, Pacifico Mexinol will generate jobs, opportunities, and economic development for the region. It is an initiative aligned with President Claudia Sheinbaum’s Plan México, promoting more balanced and sustainable growth in the country.”
Laila Porras, Director General of International Affairs at the Ministry of Energy:
“Pacifico Mexinol demonstrates that strategic collaboration between the State and the private sector can position Mexico as a reliable and competitive partner in the transition to cleaner energy, reinforcing its leadership and responsibility in the global climate agenda.”
World’s Largest Ultra-Low Carbon Facility
Pacifico Mexinol is designed as a next-generation facility under a Net Zero model, with engineering aimed at virtually eliminating the carbon footprint of the process. With an investment exceeding $3.3 billion, the project seeks to transform methanol production—a key input for the global economy—through a sustainable and competitive approach.
Field engineering work and site preparation will begin next month with full construction scheduled to begin in late 2026. When it initiates operations in late 2029 to early 2030, Mexinol is expected to be the largest ultra-low carbon chemicals facility in the world – producing approximately 1.8 million MT of blue methanol and 350,000 MT of ultra-low carbon methanol annually.
Developed by Transition Industries, with participation from the IFC, the project incorporates international partnerships, including an ultra-low-emission methanol supply agreement with Mitsubishi Gas Chemical of Japan. It is also integrated into the Topolobampo Development Hub, positioning the region as a key center for industrial development in North America, generating more than 6,000 construction jobs and at least 450 direct and indirect permanent jobs during operations.
A Local and Global Good Neighbor Model
Project representatives from key companies involved in the future construction and operation of the facility, such as SAMSUNG E&A (S. Korea), Techint Engineering and Construction (Mexico), Grupo Maire / NextChem / KT Tech (Italy), Siemens Energy (Germany), Bonatti (Italy), SIAD Group (Italy) Emerson (USA), Veolia (France), and CFEnergía (Mexico), participated in the event, along with investors and multilateral institutions.
Mexinol is committed to the highest environmental and sustainability standards, leveraging technology and innovation by the exclusive use of treated wastewater from the Municipality of Ahome; operation under a zero-discharge scheme into Ohuira Bay and local community water bodies; the utilization of existing port infrastructure; and the creation of a conservation zone to protect the region's ecosystem.
The event was interrupted by a group of protestors expressing their views. The company reiterated that Mexinol respects the right to peaceful expression and acknowledged that projects of this scale can generate strong perspectives. Mexinol had already opened the groundbreaking ceremony the day prior with a “Community Day” and a commitment to hold it annually on Earth Day. As part of its Good Neighbor Program, the company continues to formally recognize and value community participation in the project’s development through public dialogue, in front of the media, and always without violence.
About Transition Industries LLC
Transition Industries LLC, based in Houston, Texas, develops world-scale net-zero methanol and hydrogen projects across North America, aiming to address climate change and promote environmental and social sustainability. For more information about Pacifico Mexinol or Transition Industries, please contact: inquiries@transitionind.com
View source version on businesswire.com: https://www.businesswire.com/news/home/20260423775301/en/
Contacts
Karin Nunan, Global Head of Corporate Affairs,
knunan@transitionind.com
(c) 2024 Business Wire, Inc., All rights reserved.
Business Wire, a Berkshire Hathaway company, is the global leader in multiplatform press release distribution.
Subscribe to releases from Business Wire
Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from Business Wire
NIQ and INTAGE HD Partner to Expand Retail Measurement Across Japan and Global Markets24.4.2026 04:00:00 CEST | Press Release
NielsenIQ (NYSE: NIQ), a leading consumer intelligence company, and INTAGE HOLDINGS Inc. (hereafter "INTAGE HD"), a leading market research company in Japan, today announced a mutual sales partnership to expand access to retail measurement insights between Japan and global markets. Through the collaboration, NIQ and INTAGE HD bring together complementary strengths— INTAGE HD’s deep local retail store panel data and insights into the Japanese domestic market, and NIQ’s global and regional retail store panel data and insights into various international markets—to enable better comparison and understanding of market performance and trends across countries and regions. This collaboration enhances both companies’ ability to support clients with more consistent and comparable insights, helping clients unlock growth opportunities across markets. The collaboration enables global clients to access INTAGE HD’s nationwide retail store panel data in Japan (SRI+ and SRI+EC) to support market entry
The New World ID: Proof of Human for the AI Era Scales Across the Digital Platforms People and Businesses Use Every Day24.4.2026 02:20:00 CEST | Press Release
Last week, World announced the next generation of World ID, its proof of human protocol, designed to increase trust on the internet. The announcement was made during “Lift Off,” a live event in San Francisco. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260417530721/en/ Docusign, Okta, Tinder, Vercel, and Zoom bring World ID proof of human to businesses, AI agents, and consumers As AI makes it easier than ever to generate convincing content, identities, and interactions, trust online has decreased. World ID addresses this challenge by enabling individuals to privately prove they are a real, unique human, without revealing their identity across apps, platforms, and services. “If anything online can be faked, you no longer know who or what to trust,” said Tiago Sada, Chief Product Officer at Tools for Humanity, a company building tools for World. “World ID, which has already been used more than 450 million times, is designed
Cognite Positioned as a Front Runner in LNS Research Solution Selection Matrix for Industrial AI Platforms23.4.2026 20:00:00 CEST | Press Release
Cognite, the global leader in Industrial AI, has been named a Front Runner in the LNS Research Solution Selection Matrix for Industrial AI Platforms (SSM). The LNS Research SSM evaluates vendors using a rigorous methodology that leverages its “3P” framework—Product, Potential, and Presence—to assess both current capabilities and future readiness. Within the report, Cognite is recognized in three key areas: depth in user-centric industrial AI applications, its knowledge graph-based data model, and its strong partner ecosystem. Together, all three give Cognite the ability to unify and contextualize complex industrial data, enabling organizations to operationalize AI at scale. “Cognite brings a sophisticated data model built for industrial complexities, along with advanced analytics and AI-driven insights, which is crucial for industrial organizations to achieve meaningful productivity gains and enterprise-wide ROI,” said Vivek Murugesan, Research Analyst at LNS Research. “These capabilit
Venture Global Announces Closing of $750,000,000 Senior Secured Notes by Venture Global Calcasieu Pass, LLC23.4.2026 19:47:00 CEST | Press Release
Venture Global, Inc. (“Venture Global”, NYSE: VG) announced today that its subsidiary, Venture Global Calcasieu Pass, LLC (“VGCP”) has closed an offering of $750,000,000 aggregate principal amount of 6.000% senior secured notes due 2036 (the “Notes”). The Notes will mature on May 1, 2036. VGCP used the net proceeds from the offering, together with cash on hand and proceeds received from certain hedge terminations, for the prepayment, in full, of VGCP’s outstanding term loans, and to pay fees and expenses in connection with the offering. The Notes are guaranteed by TransCameron Pipeline, LLC (VGCP’s affiliate). The Notes are secured on a pari passu basis by a first-priority security interest in the assets that secure VGCP’s existing senior secured first lien credit facilities and VGCP’s existing senior secured notes. The Notes were not registered under the Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any state or other jurisdictions, and the Notes
Does Muscle Composition Identify High-Risk Individuals in Chronic Kidney Disease? New AMRA Medical Study Says Yes, Reveals Strong Link to Mortality23.4.2026 17:10:00 CEST | Press Release
AMRA Medical researchers recently set out to answer the question: what is the relationship between adverse muscle composition (AMC) and mortality in kidney disease? Recent findings demonstrate that AMC, characterized by low muscle volume z-score and high muscle fat infiltration, is an independent and strong predictor of all-cause mortality in individuals with chronic kidney disease (CKD). The findings, published in Clinical Journal of the American Society of Nephrology, were based on data from the UK Biobank imaging study and further reinforce the clinical relevance of MRI-derived muscle biomarkers in identifying high-risk populations across chronic diseases. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260423198497/en/ AMRA's MRI-based muscle biomarkers in clinical trials Researchers from AMRA, alongside our collaborators at Linköping University (LiU), analyzed 894 participants with CKD using AMRA’s MRI-based body composi
In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.
Visit our pressroom