StormFisher Hydrogen, a Canadian leader in low-carbon energy solutions, announced today the acquisition of Recyclage Carbone Varennes (RCV) following a court–approved process. By building on RCV’s existing infrastructure and expertise, StormFisher will create North America’s first large-scale low-carbon methanol plant.
With more than 20 years of experience in low-carbon energy, StormFisher brings a proven track record of turning complex projects into reliable, large-scale solutions. StormFisher aims to transform the partially built RCV site into the first large-scale Renewable Fuels of Non-Biological Origin (RFNBO)-compliant low-carbon methanol plant in North America. Scheduled for operation in 2028, the facility will supply low-carbon fuels to global maritime, aviation, and chemical markets.
“We have long wanted to establish ourselves in Québec, and we are delighted to have found the right opportunity with this project. This is more than an acquisition: it is a commitment to Québec and to the decarbonization of local and industries worldwide,” said Judson Whiteside, CEO of StormFisher Hydrogen.
StormFisher will collaborate with its Varennes team and build on their expertise. Unlike the initial RCV project, which relied on biomass gasification to produce methanol, StormFisher will use clean hydrogen and captured CO₂ to produce methanol. This proven approach is simpler, cleaner, more reliable and more resilient, while reusing part of RCV’s existing infrastructure and lowering overall risk.
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