Methanex, Entropy Enter Agreement To Invest In Pre-FEED Study For Carbon Capture, Utilization And Sequestration Deployment At Alberta Facility
Portfolio Pulse from Benzinga Newsdesk
Methanex and Entropy have entered into an agreement to invest in a pre-FEED study for Carbon Capture, Utilization, and Sequestration (CCUS) deployment at Methanex's Alberta facility.
July 17, 2024 | 9:04 pm
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Methanex has partnered with Entropy to invest in a pre-FEED study for CCUS deployment at its Alberta facility, indicating a strategic move towards sustainability and carbon reduction.
The partnership with Entropy for a pre-FEED study on CCUS deployment at Methanex's Alberta facility suggests a significant step towards sustainability and carbon reduction. This move is likely to be viewed positively by investors, potentially boosting Methanex's stock price in the short term.
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