Mingyang Green Chemical (Chifeng) Co., Ltd. is embarking on an ambitious green methanol project located in Linxi Industrial Park, Chifeng City, Inner Mongolia, China. The project, with a total investment of 6.7519799 billion yuan, aims to demonstrate the production of 1 million metric tons of green methanol annually. The filing for this industrial project was officially approved on October 13, 2023, with reiterated filing information on March 13, 2025. The construction will take place on a vast area, including the development of new hydrogen production facilities through water electrolysis and biomass gasification units, along with methanol synthesis and distillation units. The project also involves the installation of alkaline water electrolyzers and methanol synthesis units. The production targets include 23,300 mt of green hydrogen and 175,000 mt of green methanol annually. The construction is planned in two phases, with the first phase focusing on a 600,000 mt/year methanol production line and the second phase on a 400,000 mt/year line, scheduled for completion by November 2025. This venture not only signifies a substantial financial commitment to green energy but also aligns with China's efforts towards sustainable development and a greener economy, emphasizing the reduction of carbon emissions.