Announced

ENEOS and A.P. Møller to invest $100m in C2X.

Synopsis

ENEOS, an energy company, and A.P. Møller, an investment company and the parent company of the A.P. Moller Group, agreed to invest $100m in C2X, a developer of green methanol projects. "We truly appreciate the continued support of our existing shareholders, and we welcome our new partner, ENEOS, as a significant shareholder in C2X. ENEOS will enable us to accelerate the journey to low carbon processes for multiple markets and industries. ENEOS’ market position, industry relationships and technological capabilities will add significant value to C2X’s portfolio. Our collaboration represents not only a strategic partnership but also a shared vision for a more sustainable future," Brian Davis, C2X CEO.

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