Core Insights - China Shipbuilding Technology announced a green methanol sales contract worth approximately $40 million per year, with potential to increase to $120 million annually, signaling confidence in the green methanol industry [2] - The contract is expected to commence after the company's wind power-based methanol production project is operational, with a supply period of up to 12 years [2] - Green methanol has gained popularity in recent years, but its adoption has been slow due to cost issues; this contract represents a significant procurement in the sector [2] Project Summaries - **Project 1**: China Shipbuilding's 500,000 kW wind power hydrogen and methanol integration project in Tongliao City, Inner Mongolia, with an investment of 1.94 billion yuan and an annual production capacity of 180,000 tons of green methanol, scheduled for completion between June 2024 and June 2026 [2] - **Project 2**: China Shipbuilding's 500,000 kW wind power hydrogen synthesis methanol project in Cangzhou, which received approval for its hydrogen production component on September 1, 2025 [3]