CnC-MAS Mexinol (IFC-48439)

Regions
  • Latin America and Caribbean
Geographic location where the impacts of the investment may be experienced.
Countries
  • Mexico
Geographic location where the impacts of the investment may be experienced.
Specific Location
Topolambo, Sinaloa
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
A
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Borrower
Pacifico Mexinol S. de R.L. de C.V.
A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.
Sectors
  • Energy
  • Industry and Trade
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Jul 9, 2026

Disclosed by Bank Feb 13, 2024


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to the bank's website, IFC is a co-developer with financing rights in Pacifico Mexinol S. de R.L. de C.V. for the development of a greenfield ultra-low-carbon methanol production facility in Sinaloa, Mexico.

The facility aims to support Mexico’s clean energy transition and industrial decarbonization objectives, contribute to national emissions reduction goals by reducing natural gas flaring, strengthen industrial competitiveness, and generate local employment, while producing methanol for both domestic consumption and export.

The Project is being developed by Mexinol, a newly established company majority-owned by Transitions Industries LLC, a U.S.-based developer of low-carbon chemical projects, including methanol and ammonia. Annual production is projected at approximately 340,000 metric tons (MT) of green methanol (produced from captured carbon and green hydrogen) and 1.8 million MT of blue methanol (produced from natural gas using AdWinMethanolZero® carbon capture technology) with an anticipated operational life of 30 years. With this technology nearly all CO2 generated in the plant from the natural gas feed will be converted into methanol.

Early Warning System Project Analysis
For a project with severe or irreversible impacts to local community and natural resources, the Early Warning System Team may conduct a thorough analysis regarding its potential impacts to human and environmental rights.

The Project will be located in the municipality of Ahome, northern Sinaloa, Mexico. The total footprint will cover approximately 152 hectares, including the main process and utilities plant (wastewater treatment plant, air separation units, hydrogen production plant, bunded storage tanks, plant storm drainage system), upgrading of the existing jetty at the port of Topolambo for methanol export, temporary and permanent rights-of-way and additional areas required for construction of methanol export and vapor recovery underground pipelines (10.3km long) to the port during ships loading, as well as the pipelines (24” and 16”) for pre-treated water transfer and return of the rejected water (both 10 km long) from JAPAMA (Water and Wastewater Utility of the Municipality of Ahome).One associated facility—a 43 km transmission line and a 40 kV substation—will be constructed by a third party. As an associated facility, it is currently outside the formal scope of the Project’s Environmental and Social Impact Assessment (ESIA). However, a preliminary impact assessment has been conducted based on the most recent route alignment and available design information, and the findings are presented in the ESIA. A separate IFC-aligned ESIA process will be initiated once the transmission line route, design, and engineering are finalized and key financing milestones are achieved.An ESIA had been prepared. The ESIA and supporting studies are being disclosed as part of this early disclosure process. The Project has been provisionally classified as Category A, subject to confirmation during appraisal.The ESIA should not be taken as an indication that IFC has completed its review of the potential investment. Upon completion of the E&S Due Diligence process, an Environmental and Social Review Summary (ESRS) will be prepared and published on this website.

Investment Description
Here you can find a list of individual development financial institutions that finance the project.
Private Actor 1 Private Actor 1 Role Private Actor 1 Sector Relation Private Actor 2 Private Actor 2 Role Private Actor 2 Sector
- - - - Pacífico Mexinol, S. de R.L. Client -

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

No project contacts provided at the time of disclosure.

ACCESS TO INFORMATION

You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries

If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.

ACCOUNTABILITY MECHANISM OF IFC/MIGA

The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org

How it works

How it works