Media Resources

(30 July 2025) The Hong Kong and China Gas Company Limited (Towngas) and CIMC ENRIC Holdings Limited (CIMC ENRIC) have signed a strategic partnership agreement to jointly develop green methanol and hydrogen energy, advancing Hong Kong’s green energy transition.

The partnership will strengthen collaboration in technical cooperation and engineering services for green methanol, as well as industry standards and carbon trading compliance. As the first Chinese company to achieve both ISCC EU and ISCC PLUS international certifications for large-scale green methanol production, Towngas will leverage its comprehensive green methanol supply chain network, combined with CIMC Enric's presence in the clean energy and maritime sectors, to explore new technological applications and promote green methanol adoption. The collaboration will also harness Hong Kong's position as an international hub to drive the green energy transition forward.

Additionally, Towngas and CIMC ENRIC have signed a separate agreement to develop hydrogen energy projects and applications in Hong Kong. The partnership encompasses comprehensive cooperation across hydrogen extraction, purification, storage and utilisation. Approximately half of Towngas’s gas supply in Hong Kong comprises hydrogen, delivered through an extensive underground pipeline network spanning over 3,700 kilometres across the territory. Through this collaboration with CIMC ENRIC, both companies will develop advanced hydrogen extraction and storage technologies whilst expanding hydrogen applications in transport, electric vehicle charging infrastructure and other sectors.

Towngas remains committed to investing in clean energy development, leveraging its strengths and strategic partnerships to support the country’s “30-60” dual carbon goals and the HKSAR Government’s 2050 carbon neutrality strategy.

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Press photos:

Photo 1:

Witnessed by Mr Peter Wong Wai-yee (centre, back row), Managing Director of Towngas; Mr Sham Man-fai (left, back row), Chief Operating Officer – Green Fuels and Chemicals of Towngas; and Mr Yang Xiaohu (right, back row), Executive Director and President of CIMC ENRIC, the green methanol strategic partnership agreement was signed by Mr Oscar Ho Kin-wing (centre, front row), Senior Vice President (Operation) – Green Fuels and Chemicals of Towngas; Mr Li Dong (right, front row), General Manager of Science and Technology Innovation Center of CIMC ENRIC; and Mr Yang Yueping (left, front row), Deputy General Manager of CIMC ENRIC Engineering Technology.
 
Photo 2:

Additionally, Towngas and CIMC ENRIC signed a strategic partnership agreement on Hong Kong hydrogen energy development, witnessed by Mr Peter Wong Wai-yee (2nd from left, back row), Managing Director of Towngas; Mr Don Cheng Hill-kwong (1st from left, back row), Chief Operating Officer – Hong Kong Business of Towngas; Mr Yang Xiaohu (2nd from right, back row), Executive Director and President of CIMC ENRIC; and Mr Xu Yongsheng (1st from right, back row), Assistant President of CIMC ENRIC. The agreement was signed by Mr Sammy Kong Siu-kuen (right, front row), General Manager – Commercial & Industrial Marketing & Sales of Towngas, and Mr John Hong (left, front row), Deputy Director of Innovation Institute at Science and Technology Innovation Center of CIMC ENRIC.