ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Transition Industries Expands Public-Private Partnerships for Its Pacifico Mexinol Project in Sinaloa, Mexico

Transition Industries announced this week that it is furthering its commitment to support the long-term socioeconomic development in the Ahome Municipality of Sinaloa, Mexico where its Pacifico Mexinol project, a 6,145 MT per day ultra-low carbon methanol production facility, is expected to be in operation in 2028. Transition Industries has signed a cooperation agreement with the Autonomous University of Sinaloa (UAS) to engage local academic leaders in economic research studies.

Dr. Cesar Parra, Vice-Rectorate of the Northern Zone of UAS, said: “These types of agreements with businesses are of vital importance since the knowledge acquired in university classrooms can be applied in the field, bringing great advances in research and technology in the region.”

Dr. Mario Nieves, UAS General Directorate of Research and Postgraduate Studies, further commented: “These agreements help fill the need for researchers to be able to transform their knowledge into tangible solutions for society.”

The agreement with UAS comes on the heels of a two year engagement with the Autonomous Indigenous University of Mexico (UAIM) in Los Mochis, Ahome, whereby UAIM social scientists have been conducting Community Participatory Studies in nine local communities within the Pacifico Mexinol future area of operations.

The Center for Investment and Trade (CIT) and the Council for Economic Development of Sinaloa (CODESIN), under the leadership of Secretary of Economy of Sinaloa Government Javier Gaxiola Coppel, have been instrumental in facilitating these Public-Private Partnerships and others.

Karin Nunan, Transition Industries Director of Corporate Affairs, said: “At Transition Industries we are committed to balancing the energy transition with social and economic development. We aspire to have our Pacifico Mexinol project be a global example of how multi-party dialogue can create shared value for business, academia, community and government.”

The company has also been working closely with the Women’s Secretariat of the Municipality of Ahome on efforts related to promoting gender equality and diversity.

Servando Bojorquez, Pacifico Mexinol Community Relations Manager, said: “Working with academic institutions and local leaders ensures we are not just generating future jobs and opportunities, but we are promoting social well-being, including with vulnerable groups.”

Transition Industries is jointly developing Pacifico Mexinol with the International Finance Corporation (IFC), a member of the World Bank Group. When it initiates operations in 2028, Pacifico Mexinol is expected to be the largest single ultra-low carbon chemicals facility in the world - producing approximately 350,000 MT of green methanol and 1.8 million MT of blue methanol annually from natural gas with carbon capture.

About the Autonomous University of Sinaloa (UAS)

The Autonomous University of Sinaloa (Mexico’s 8th largest public university) includes an academic, scientific, and cultural space where various expressions of universal thought coexist harmoniously. The cultivation of science, technology, and the humanities translate into progressively vigorous academic actions. Through the General Directorate of Research and Postgraduate Studies and the Technology Transfer Office attached to this directorate, the objective is to protect inventions generated at UAS and promote the transfer of knowledge that contributes to the economic development of the region. For more information, email: ott@uas.edu.mx or investigacion.dgip@uas.edu.mx.

About CIT and CODESIN

The Secretary of Economy of Sinaloa Government through the internal specialized agency known as the Center for Investment and Trade of Sinaloa (CIT), and the public-private institution Council for Economic Development of Sinaloa (CODESIN), were established to attract national and foreign investments, as well as to develop and support investors from the Sinaloa state. Our commitment is to make business happen in Sinaloa, to connect local businesspeople and the State’s regional vocations and calling for market opportunities and investors from around the world. For more information, visit our website: www.codesin.mx and https://economia.sinaloa.gob.mx/.

About Transition Industries

Transition Industries LLC, based in Houston, Texas, is a developer of world-scale net-zero carbon emissions methanol and hydrogen projects in North America to address climate change and promote environmental and social sustainability. For additional information about Pacifico Mexinol or Transition Industries, email inquiries@transitionind.com.

Recent Quotes

View More
Symbol Price Change (%)
AMZN  244.41
+0.00 (0.00%)
AAPL  268.47
+0.00 (0.00%)
AMD  233.54
+0.00 (0.00%)
BAC  53.20
+0.00 (0.00%)
GOOG  279.70
+0.00 (0.00%)
META  621.71
+0.00 (0.00%)
MSFT  496.82
+0.00 (0.00%)
NVDA  188.15
+0.00 (0.00%)
ORCL  239.26
+0.00 (0.00%)
TSLA  429.52
+0.00 (0.00%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.