Germany – Methanol

Hintco strictly adheres to the principles of non-discrimination and transparency in order to ensure a high level of competition during the auction. Producers can supply renewable (RFNBO) methanol to Hintco. Hintco requires that the product is produced using renewable energy and in compliance with sustainability requirements as specified in the Performance Specifications and the Hydrogen Purchase Agreement, incl. its Annexes. The auction process will be carried out as follows: === First of all, Hintco will assess the eligibility of the candidates with regard to the subject of the auction. Interested companies must therefore submit a request to participate. === This request to participate is assessed by Hintco in two stages: first for a complete submission on time and in the correct form, then for eligibility based on defined criteria. Candidates meeting all minimum requirements will be invited to a submit an initial bid (see Section 4 Conditions of Participation). === The candidates who were selected in the call for competition will be invited to submit an initial (non-binding) bid via the tender platform. All bidders who have submitted an initial bid in due form and time will then be invited to negotiations (see Section 3 'Conditions of the Bidding Phase'). After one round of negotiations, Hintco intends to invite the bidders to submit a final (binding) bid. Nevertheless, Hintco reserves the right to hold additional rounds of revised (non-binding) bids and negotiations before inviting to the final bid. Hintco may revise the auction documents based on insight gained in the negotiations. === All bidders receive the same draft HPA as the basis for negotiation proposals. Negotiations aim to create a single set of HPA contract terms for the global methanol lot, allowing for competitive bids. All bidders receive the same draft HPA, but the grey-highlighted contract sections are generally excluded from negotiations (deemed non-negotiable). This limit is mainly due to...