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Source: Modern Coal Chemical Industry. Date: 2023-04-28. Clicks: 82. On April 24, the candidates shortlisted for the supply of the internal components for the methanol distillation tower in Saiding Engineering Co., Ltd.’s 80,000 tons per year green methanol production project were announced. First-ranked bidder: Pingxiang Fangxing Petrochemical Filler Co., Ltd. On the afternoon of January 31, 2023, the \"380,000-ton per year green methanol production project\" with a total investment of 3.3 billion yuan was signed in the Jiangbei New Area of Nanjing, to be implemented in the New Materials Industrial Park as a key industrial project. Director Wang Zhen of the Green Technology Bank Management Center, General Manager Zhu Junhao of GreenTech Bank (Shanghai) Technology Development Co., Ltd., and General Manager Zhou Enli of China Chemical Saiding Engineering Co., Ltd. attended the event. Chen Zhichang, Mayor of Nanjing, and leaders from Nanjing and the Jiangbei New Area, including Yang Xuepeng, Deng Zhiyi, Jin Weidong, Huang Hui, and Wu Yongqiang, were present to witness the signing. This signing marks another important milestone following the agreement on cooperation between the Green Technology Bank and A.P. Moller-Maersk in November 2022, bringing us one step closer to the goal of supplying green methanol for use on ships starting in 2024. Driven by the global efforts to address climate change and the **\"dual carbon\" sustainable development strategy, Green Technology Bank focuses on the need for green and low-carbon development in the shipping industry. It identifies advanced processes for producing green methanol, aggregates resources and financing options from the methanol production sector, and develops comprehensive solutions for green methanol projects. It is reported that the project will be located in the Nanjing Jiangbei New Materials Science and Technology Park. The first phase will see the construction of an 80,000-ton/year capacity for green methanol, with completion expected in 2024 ； Phase 2 is planned to produce 300,000 tons per year of green methanol. On April 21, Yang Xuepeng, Secretary of the Nanjing Municipal Party Committee ** and Secretary of the Party Working Committee of Nanjing Jiangbei New Area, led a delegation to visit the Green Technology Bank, where they held discussions focusing on the progress of Nanjing’s green methanol project. Chen Wenbin, a member of the Party Working Committee and deputy director of the Management Committee of Nanjing Jiangbei New Area, Wang Weihua, director of the Investment Promotion and Commerce Bureau of Nanjing Jiangbei New Area, and other officials attended the meeting. Zhu Junhao, general manager of Lvtijixing Company, Yu Jun, deputy general manager, and Wen Su, person in charge of the Sinochem Sideng green methanol project, also took part in the discussion. During the meeting, the two sides had a detailed exchange on the current progress of the project. General Manager Zhu Junhao said that the Green Technology Bank will stick to the path of green and low-carbon development, ensure the successful completion and operation of the Nanjing green methanol project on schedule, and make its own contribution to safeguarding energy security and driving the green and low-carbon transformation of the energy sector. Secretary Yang Xuepeng gave important instructions regarding the implementation and further advancement of the Nanjing green methanol project. He stated that, as a key investment project in the Jiangbei New Area, this project boasts significant importance, broad market prospects, and notable economic benefits. He hoped that the relevant leaders and responsible officials in the Jiangbei New Area would take proactive action in areas such as land allocation, administrative approvals, and policy support to ensure the smooth completion of the project, thereby enabling the Jiangbei New Area in Nanjing to lead the development of the national green and low-carbon fuel industry.