Blue Methanol, Real Economics

ZeoGas is a development-stage company, leveraging an established reference plant design that is delivering or outperforming nameplate capacities in eight previously constructed locations. Our structure combines proven technology for methanol production and carbon capture and includes the industry leaders feedstock supply, production technologies, product storage and terminal operations.

• The first of several ZeoGas methanol plants builds on proven engineering while leveraging ABB’s industry-leading digital and AI capabilities to maximize efficiency and safety.

• We’ve partnered with Chart Industries to deploy advanced gas handling and heat exchange systems that are, quite literally, ’cooler by design.’™

• By using proven Air Liquide technology to capture the CO₂ emitted during the methanol synthesis process, PAMCO will produce ‘blue’ methanol with a carbon intensity of less than 10 g/MJ—compared to approximately 32 g/MJ from today’s most efficient natural gas-based methanol production.

With a forward-thinking structure and an innovation-first approach, ZeoGas is setting a new benchmark for modern methanol production.

ZeoGas is using reliable technology to produce low-carbon blue methanol at scale. By building on established engineering, we minimize risk and accelerate deployment. Our approach balances sustainability with real-world economics—delivering cleaner fuel without premium pricing. It’s a pragmatic path to decarbonization that works for today’s market.

ZeoGas hits the perfect balance of economically commercial, predictable and carbon-abated operation for the benefit of those who use methanol as either a feedstock or a fuel.

Low Development Risk

The PAMCO project will be the ninth implementation of Air Liquide’s Lurgi MegaMethanol™ technology, a well-established process for large-scale methanol production - significantly reducing the risks typically associated with first-of-a-kind installations, often referred to as “Serial Number 1” risk.

Location, Location

Located near Port Arthur, Texas, ZeoGas benefits from exceptional access to abundant, low-cost natural gas, robust existing infrastructure for export logistics, and significant CO₂ sequestration potential.

Tier 1 Partners

ZeoGas is partnered with industry leaders to maximize performance and minimize risk. We are using Air Liquide's proven MegaMethanol™ technology, ABB's electrical and digital platform, Chart Industries' gas handling solutions, and leading suppliers for construction, gas supply, logistics, and carbon capture.

121% Off-take

ZeoGas/PAMCO has LOI with 4 off-takers representing 121% of nameplate capacity. Definitive contracts are in-progress. These bankable take-or-pay structures with creditworthy counterparties create geographic market and customer diversity.

9th Installation

5,000 MT/day

According to OPIS World Analysis, global methanol demand is projected to grow at ~3% CAGR, adding approximately 17 million tonnes over the next five years. Supply remains structurally constrained, with limited capacity additions outside China, positioning the ZeoGas facility to capitalize on favorable pricing driven by supply-demand imbalances.

ZeoGas has secured a term sheet from a leading European financial services firm for approximately $2.7 billion in debt and equity financing, structured with an optimal 70/30 debt-to-equity ratio. This financial backing substantially reduces funding uncertainty and accelerates the timeline toward repaying bridge investors and ultimate project realization and returns.

$2.7B Financing

Compelling Markets

Methanol Derivatives

Favorable Market Growth Dynamics: According to OPIS World Analysis, global methanol demand is projected to grow at ~3% CAGR, adding approximately 17 million tonnes over the next five years. Supply remains structurally constrained, with limited capacity additions outside China, positioning the ZeoGas facility to capitalize on favorable pricing driven by supply-demand imbalances.

Strong Supply Constraints & Attractive Pricing Outlook: Persistent underinvestment and ongoing operational challenges globally mean methanol supply tightness will continue, particularly in regions such as Europe, Iran, and China, where feedstock availability remains limited and volatile. ZeoGas’s low-cost U.S. Gulf Coast location and technology offer investors significant upside exposure as methanol prices are supported by these structural constraints.

Accelerating Marine Fuel Demand: The methanol-powered shipping fleet is rapidly expanding, with dual-fuel methanol vessel orders surpassing LNG-powered vessels for the first time. The current order book suggests more than 350 methanol-fueled vessels will be operational by 2030, reinforcing robust future demand for methanol as a clean marine fuel and expanding premium market opportunities. Sustainable Aviation Fuel (SAF) representing another significant and growing demand channel.

World-Class Technology & Execution Certainty: Leveraging proven Air Liquide MegaMethanol™ technology, ZeoGas will be the ninth global installation of this advanced process, minimizing operational risks. Combined with a highly accomplished management team with demonstrated expertise, strategic partnerships (Air Liquide, ABB, Chart Industries) and a lump-sum turnkey EPC contract, investors benefit from reduced execution and technology risk.

Strategically Advantaged Gulf Coast Location: Located near Port Arthur, Texas, ZeoGas benefits from exceptional access to abundant, low-cost natural gas, robust existing infrastructure for export logistics, and significant CO₂ sequestration potential. ZeoGas has secured firm transportation and firm delivery for 175,000 MCF per day of natural gas through partnerships with large, investment grade midstream operators and natural gas producers—an important differentiator given regional transportation constraints. Collectively, these factors position ZeoGas firmly within the lower quartile of the global methanol production cost curve, ensuring sustainable competitive advantages. In parallel, ZeoGas’ full offtake of 1.7 million tonnes of annual methanol production is committed to creditworthy counterparties under long-term agreements.

Blue Methanol – Significant ESG Premium: ZeoGas will employ Air Liquide’s CryoCap™ CO₂ capture technology, capturing over 90% of emissions to produce blue methanol. This significantly reduces the carbon footprint of the methanol produced while avoiding the higher production costs of novel e, green and blue methanol projects. This aligns ZeoGas’ carbon-abated blue methanol with global ESG mandates and potential blue methanol premiums, as marine and industrial customers advance their decarbonization objectives.

Energy Transition and ESG Investment Alignment: ZeoGas’s methanol provides an immediate, scalable pathway for significant carbon reductions in transportation fuels and industrial processes. Its alignment with global decarbonization trends makes it highly attractive to ESG-oriented capital, securing its long-term value creation in an increasingly carbon-conscious market.