Wedoany.com Report-Oct. 17, StormFisher Hydrogen, a Canadian leader in low-carbon energy solutions, announced the acquisition of Recyclage Carbone Varennes (RCV) through a court-approved process on October 17, 2025. The company plans to transform the Varennes, Québec, site into North America’s first large-scale low-carbon methanol plant, leveraging RCV’s existing infrastructure and expertise.

With over 20 years of experience in sustainable energy, StormFisher will convert the partially built RCV facility into a Renewable Fuels of Non-Biological Origin (RFNBO)-compliant plant, set to begin operations in 2028. The facility will produce over 72,000 tonnes of low-carbon methanol annually using clean hydrogen and captured CO₂, supplying maritime, aviation, and chemical markets globally.

“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.

Unlike RCV’s original biomass gasification approach, StormFisher’s method combines hydrogen from water and clean electricity with locally captured CO₂, offering a simpler, cleaner, and more reliable process. The plant is expected to repurpose over 100,000 tonnes of CO₂ annually, reducing emissions by transforming waste into a valuable resource.

“We are excited to join forces with StormFisher,” said David Vincent of RCV. “With their expertise, resources, and global reach, we are confident that Varennes will play a leading role in low-carbon fuel production.”

The methanol produced will support decarbonization efforts, particularly in Québec’s maritime sector, by providing a sustainable alternative to fossil fuels. StormFisher is committed to engaging with maritime stakeholders, governments, and local communities to enhance decarbonization initiatives and ensure transparent environmental reviews.

The project will create approximately 75 jobs in construction, operations, administration, and logistics. StormFisher emphasizes long-term collaboration with local partners and communities, prioritizing open communication and participation in environmental assessments.

“We want to be a trusted and valued neighbour in Varennes,” said Mr. Whiteside. “We are committed to listening, collaborating, and ensuring this project delivers lasting benefits.”

StormFisher’s track record in project turnarounds and international financing strengthens the initiative’s viability. By integrating proven technology, the company aims to position the Varennes plant as a key component of North America’s low-carbon fuel supply chain, contributing to sustainable energy solutions and regional economic growth.