The Zhangzhou Gulei Port Economic Development Zone has officially approved the Fujian Gulei 1.5 million tons per year green methanol integrated project, with a total investment of around 15 billion yuan
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On March 26, 2026, the Zhangzhou Gulei Port Economic Development Zone officially approved the Fujian Gulei 1.5 million tons per year green methanol integrated project (registration number: Min Fa Gai Bei E130039). This major project, with a total investment of around 15 billion yuan, is being driven by the CP Group, in collaboration with Fujian Energy and Chemical Group and Maersk Group; it marks the entry of the integration approach of \"green energy + green chemicals\" in China into a phase of actual implementation. Leveraging the high-quality offshore wind and biomass resources in Gulei, the project is planned to produce 1 million tons per year of green methanol and green sustainable aviation fuel (SAF), with further development into downstream products such as green aviation fuel, aiming to achieve the goal of a \"zero-carbon park + high-end green petrochemical base\".
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