Methanex Corporation, the world’s largest producer and supplier of methanol, is pleased to announce it has made a significant investment to reduce carbon emissions at its Motunui facility in New Zealand.

This multi-million-dollar investment will involve improving the technology in the facility’s distillation columns over the next 12 months. The efficiency improvements provide an economic payback within two years. Once completed, this project has the potential to reduce the site’s carbon emissions by over 50,000 tonnes per annum, the equivalent of taking 20,000 cars off the road.