Global methanol market to reach value of $54.6 billion by 2030

Allied Market Research reported that the global methanol market is anticipated to generate $54.6 billion by 2030. The report stated that the industry was valued at $35.3 billion in 2021 and is expected to expand at a CAGR of 5.06% during the forecast period of 2022 to 2030. The report states that the Asia-Pacific region

Hydrogen projects in focus in Asia-Pacific

India’s Reliance Industries Ltd. has signed a memorandum of understanding with the Gujarat state government to invest Rupee 5 trillion ($67.71 billion) into renewable energy and renewable hydrogen assets, the company said Jan. 13. RIL would invest an additional Rupee 600 billion in component manufacturing for solar PV modules, including polysilicon, wafer, cell and module