CIMC ENRIC(HK:03899) Xin Lang Cai Jing·2025-12-17 14:19Core Viewpoint - The launch of CIMC Enric's first large-scale bio-methanol project in Zhanjiang, Guangdong, marks a significant step in the clean fuel sector, providing a viable decarbonization solution for the global shipping industry [1][8]. Group 1: Project Overview - The project has an initial annual production capacity of 50,000 tons of green methanol, making it the first large-scale bio-methanol project in China [3][10]. - It features strong raw material adaptability, high operational flexibility, and significant carbon reduction effects throughout the process, achieving over 85% greenhouse gas (GHG) reduction across its lifecycle [3][10]. - The project has received EU ISCC EU certification for its entire supply chain, ensuring carbon traceability from raw materials to products [3][10]. Group 2: Technological and Environmental Impact - The project utilizes local agricultural and forestry waste, achieving breakthroughs in biomass gasification technology, thus creating a closed-loop industrial chain for high-value utilization of waste [3][10]. - It aligns with the International Maritime Organization's (IMO) goal of net-zero emissions for the shipping industry by 2050 and addresses EU carbon tariffs and renewable energy directives [3][10]. Group 3: Strategic Advantages - The project benefits from its proximity to Zhanjiang Port and the availability of abundant biomass resources, enabling it to serve major markets such as the Greater Bay Area and Singapore [4][11]. - CIMC Enric has established a comprehensive supply chain ecosystem for green methanol in South China, achieving a one-hour closed-loop for production, storage, and transportation [4][11]. Group 4: Future Outlook - CIMC Enric's president highlighted the project as a milestone for the company and the region, positioning South China as a new hub in the global green shipping industry [5][12]. - The company aims to provide green methanol fuel that meets the highest international shipping standards, contributing to the transformation of the clean fuel industry [5][12].