About VENEX
Built On Partnership.
Driven By Purpose.
In 2024, Towngas and Foran Energy signed a strategic cooperation agreement to establish VENEX, a platform dedicated to the production and application of green fuels and chemicals.
WHY VENEX?
China's First Green Fuels and Chemicals Producer Certified Under ISCC EU & PLUS
Green Fuels & Chemicals Plants Across China
Experienced in Green Fuels and Chemicals Plant Operations
Annual Green Fuels and Chemicals Production Capacity
OUR BUSINESS
Real-World Industrial Solutions
Green Fuels and Chemicals In Action
VENEX Company Limited ("VENEX") specializes in the investment, development, and operations of green fuels and chemicals plants.
Maritime Transport
Helps the maritime industry comply with increasingly stringent environmental regulations.
Chemical Industry
Replaces fossil-based raw material in the production of olefins, formaldehyde, and other chemical derivatives
Land Transportation
Compatible with retrofitted diesel engines, hybrid vehicles, and fuel-cell vehicles.
Our Key Partnerships
Strategic Partnerships With Global Industrial Leaders
Royal Vopak
CHIMBUSCO PAN NATION
CIMC ENRIC
Veolia (China)
SINOPEC (Hong Kong)
Global Energy Trading
Sustainability
Carbon Neutrality By 2050
VENEX’s Inner Mongolia plant has obtained International Sustainability and Carbon Certification (ISCC) EU and ISCC PLUS certification, ISO 14067 Product Carbon Footprint (PCF) certification, and Global Sustainable Transport Certification (GSTC).
Learn More
ISO 14067
Carbon Footprint
Certification
News & Updates
What's New At VENEX
03 September 2026
Towngas partners with PolyU to certify green fuels using blockchain technology
22 July 2026
VENEX Participates in the 2026 United Nations High‑Level Political Forum on Sustainable Development (HLPF), Supporting Sustainable Transport for International Shipping
07 July 2026