C2x A/s
- Company typePrivate
- Founded2023
- HeadquartersCopenhagen, Denmark
- Headcount—
- GTM typeB2B
- OfferingHardware or Manufacturing
C2x A/s firmographics
Firmographics- Name
- C2x A/s
- Legal name
- C2X Ltd.
- Website
- https://c2x.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Ownership category
- akta.pro rank
C2x A/s industry classification
Industry- Product category
- Renewable Fuels
- NAICS
- Other Basic Organic Chemical Manufacturing (32519), Chemical Manufacturing (325)
- SIC
- Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)
- akta.pro primary industry
- Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols) (EUABAIAB)
- akta.pro secondary industries
- Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs) (EUABAFAL), Carbon Removal Credits Trading (DAC, BECCS, Biochar, Mineralization) (EUAGAIAL), Alternative Low-Carbon Marine Fuels Bunkering (Methanol, Biofuels, Ammonia, Hydrogen) (TLAHAKAC), C1 & Synthesis Gas Derivatives (Methanol, Formaldehyde, Acetic Acid) (IMAEADAC)
Keywords
Where C2x A/s is headquartered
LocationHeadquarters
- HQ city
- Copenhagen
- HQ country
- Denmark
- HQ region
- Europe
Offices1 record
Markets served
C2x A/s business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Infrastructure, Personnel, Technology or R&D
Revenue model
- Green Methanol Sales: Production and sale of bio-methanol (biomass-derived methanol) and e-methanol (CO2 + green hydrogen) to industrial customers in shipping, chemicals, and aviation sectors. This is a bulk commodity product sold under long-term offtake agreements.
- Carbon Dioxide Removal Credits: Sale of high-quality carbon dioxide removal (CDR) credits generated from permanently storing biogenic CO2 geologically. Credits are sold under long-term purchase agreements such as the Microsoft 12-year contract for 3.6 million metric tonnes.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
C2x A/s product offering
Product offeringCore offering
C2X develops, builds, finances, owns, and operates green methanol production facilities producing bio-methanol (from biomass) and e-methanol (from renewable electricity) at sites in Louisiana, Spain, and Egypt. The biogenic carbon locked into the methanol generates verified Carbon Dioxide Removal (CDR) credits, which the company sells alongside the methanol to industrial offtakers such as shipping, chemicals, and aviation companies, as well as corporate carbon buyers like Microsoft.
Product overview
C2X is a green molecules company focused on scaling up affordable synthetic methanol production to facilitate the transition to renewable fuels and chemicals across multiple industries. The company operates two primary production pathways: bio-methanol via sustainable biomass gasification (producing surplus biogenic CO2 for geological storage and CDR credits) and e-methanol by combining captured biogenic CO2 with green hydrogen. Key projects include the Beaver Lake Biofuels project in Louisiana producing 550,000 tonnes/year of bio-methanol with 1 million tonnes/year CO2 storage capacity, alongside initiatives in Spain and Egypt. The company was established in 2023 and is majority owned by A.P. Moller Holding, with ENEOS and A.P. Moller – Maersk as minority owners.
Differentiator
Problem solved
Functional benefit
Products and services
- Bio-methanol Green methanol produced from biomass feedstocks using gasification technology, supplied to industrial offtakers in shipping, chemicals, and aviation seeking to decarbonize their fuel and feedstock needs.
- E-methanol Green methanol produced from renewable hydrogen and captured CO2, offered to industrial buyers as a low-carbon alternative to fossil-derived methanol for shipping fuels, chemicals, and sustainable aviation fuel precursor applications.
- Carbon Dioxide Removal (CDR) Credits Verified carbon dioxide removal credits generated through the permanent storage of biogenic carbon in green methanol and via geological CO2 storage, sold to corporate buyers (e.g., Microsoft's 3.6 million metric tonne CDR contract over 12 years) to help them meet net-zero commitments.
Quantifiable outcome
- 550,000 tonnes of bio-methanol produced annually per project
- +2 more outcomes
Companies that use C2x A/s
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles4 records
C2x A/s technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
C2x A/s partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship, core and major.
- Carbon DirectflagshipCollaboration on the Beaver Lake Biofuels project in Louisiana, a pioneering biomass carbon removal and storage initiative. The project transforms forestry residues into biomethanol fuel and carbon dioxide removal credits. Carbon Direct brings expertise in carbon markets and project development to advance this flagship project.
- SunGas RenewablescoreStrategic partnership with SunGas Renewables provides C2X access to the leading biomass gasification platform. This technology enables conversion of sustainable biomass into green methanol and produces surplus biogenic CO2 for permanent geological storage. SunGas's gasification technology is central to C2X's production methodology.
- CepsamajorAnnounced green methanol project ambition in Spain. Cepsa is a Spanish energy company that partnered with C2X to develop large-scale green methanol production capabilities in the Iberian region.
- Egyptian GovernmentmajorFramework Agreement signed for next steps towards large-scale green methanol production in Egypt. The Egyptian government is supporting C2X's expansion into North Africa with regulatory alignment and project facilitation.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
C2x A/s competitors and assessment
Company assessmentDirect peers
- European Energy: Danish developer of Power-to-X projects including large-scale e-methanol facilities for marine and aviation applications. Direct comparable as a project developer of green methanol molecules at industrial scale using renewable power.
- HIF Global: Developer of e-fuels (e-methanol, e-gasoline, e-jet) from green hydrogen and captured CO2. Direct peer in the synthetic green-methanol project-development space, with similar multi-country project pipelines and industrial offtaker model.
- Infinium: US-based e-fuels producer developing e-methanol, e-diesel, and e-jet from green hydrogen and captured CO2. Direct peer in green synthetic molecule production for shipping, chemicals, and aviation end-markets.
Emerging players
- Climeworks: Direct air capture (DAC) company selling high-quality carbon removal credits to corporate buyers including Microsoft. Comparable as a CDR credit supplier to the same corporate procurement demand that drives C2X's Microsoft contract, though via a different removal pathway.
- 44.01: Oman-based carbon removal company commercializing olivine-based CO2 mineralization and selling high-quality CDR credits. Comparable as a project developer selling durable CDR credits to corporate buyers, competing for the same voluntary CDR procurement budget.
Broad incumbents
- Methanex: World's largest methanol producer with explicit strategic intent to transition its asset base toward green methanol. Comparable as the dominant incumbent in the same core product (methanol) that C2X is targeting, but at a far broader conventional scale.
- Neste: Finnish producer of renewable diesel and sustainable aviation fuel (SAF) from bio-based feedstocks. Comparable as an incumbent bio-based fuel producer serving aviation and chemicals end-markets that C2X targets with green methanol.
- Repsol: Spanish energy company developing renewable fuels, green hydrogen, and e-fuels, including projects in the Iberian region where C2X has a competing/partnership green-methanol ambition with Cepsa. Comparable incumbent pursuing the same Spanish market for green molecules.
- Ørsted: Danish renewable energy major that has publicly committed to large-scale green hydrogen and e-methanol production for shipping decarbonization. Most comparable as a Danish-headquartered incumbent with both green-power generation and downstream green-molecule ambitions targeting the same shipping customers as C2X.
Others
- A.P. Møller – Mærsk: Global container shipping leader and C2X minority owner, operating the world's first methanol-dual-fuel containerships and building its own green-methanol supply chain. Comparable as both a strategic partner/anchor customer and the most important end-market player driving green-methanol demand in shipping.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
C2x A/s social profiles
Digital presenceC2x A/s compliance and trust
Trust signalCompliance1 record
C2x A/s financial estimates
Financial estimateRevenue estimate
Valuation estimate
C2x A/s leadership team
Management profileNumber of profiles
Profiles4 records
C2x A/s funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
C2x A/s M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about C2x A/s
What does C2x A/s do?
C2X develops, builds, finances, owns, and operates green methanol production facilities producing bio-methanol (from biomass) and e-methanol (from renewable electricity) at sites in Louisiana, Spain, and Egypt. The biogenic carbon locked into the methanol generates verified Carbon Dioxide Removal (CDR) credits, which the company sells alongside the methanol to industrial offtakers such as shipping, chemicals, and aviation companies, as well as corporate carbon buyers like Microsoft.
Is C2x A/s a public or private company?
C2x A/s is a private company. It is classified as corporate owned and is currently operating.
When was C2x A/s founded?
C2x A/s was founded in 2023.
Where is C2x A/s based?
C2x A/s is headquartered in Copenhagen, Denmark, in the Europe region.
How does C2x A/s make money?
Two revenue lines are on record. Green Methanol Sales are the primary driver. The others are carbon Dioxide Removal Credits.
Who are C2x A/s's main competitors?
Direct peers on record are European Energy, HIF Global and Infinium. Emerging players are Climeworks and 44.01. Broad incumbents are Methanex, Neste, Repsol and Ørsted. A.P. Møller – Mærsk is listed as an others.
Does C2x A/s have an API?
No public API is recorded for C2x A/s.
What industry is C2x A/s in?
C2x A/s's product category is Renewable Fuels. Its primary akta.pro industry code is EUABAIAB, Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols), with a secondary code of EUABAFAL, Carbon Removal Project Development, Financing & Offtake (Developers, Aggregators, Buyers Clubs). Its NAICS code is 32519 and its SIC code is 2860.