Methanol
Mitsubishi Gas Chemical, RITE partner to convert captured CO2 into methanol
Mitsubishi Gas Chemical Company, Inc. and the Research Institute of Innovative Technology for the Earth have signed an agreement regarding the transfer of part of the CO2 recovered using a direct-air-capture (DAC) device. The collaboration will showcase innovative technologies that capture CO₂ from the atmosphere and transfer it to underground storage while also utilizing it for methanol production.
OCI Global receives U.S. regulatory approval for the sale of its global methanol business to Methanex Corp.
Under the proposed Transaction, Methanex will acquire 100% of the equity interests in OCI Methanol, comprising 100% of OCI’s US and European methanol assets. The Transaction consideration will be paid through a combination of approximately USD $1.2 billion of cash (taking into account net indebtedness) subject to customary closing adjustments, and the issuance of 9.9 million common shares of Methanex.
Phelan Green Group's $2.6-B eMethanol project remains on schedule
In a key development, Phelan announced that the primary export product will now be eMethanol, a derivative of H2, to meet immediate global demand from the maritime, and aviation sectors.
TRE HOLDINGS, Mitsubishi Gas Chemical to study feasibility of using woody biomass and waste to produce green methanol in Japan
TRE HOLDINGS Corp. and Mitsubishi Gas Chemical Co. Inc. have signed a memorandum of understanding (MoU) for a strategic business collaboration in which they will study the feasibility of using domestic woody biomass and waste to produce green methanol commercially in Japan.
Mitsubishi Gas Chemical, Mitsui O.S.K. Lines receive delivery of dual-fuel methanol carrier from HD Hyundai Mipo
Mitsubishi Gas Chemical Co. Inc. (MGC) has announced that a dual-fuel methanol carrier chartered from Mitsui O.S.K. Lines Ltd. (MOL) on a long-term basis was delivered at the HD Hyundai Mipo shipyard on May 30.
Hitachi Energy provides solution for Chinese green hydrogen-ammonia-methanol integrated project
Hitachi Energy has delivered rectifier transformers for electrolytic hydrogen to a hydrogen industry park built by China Energy Engineering Corporation (CEEC) in Songyuan, a city in northeast China.
Wood selected as project management consultancy for first major methanol plant in the UAE
Wood has secured a contract from TA’ZIZ to provide project management consultancy (PMC) for the development of the UAE’s first methanol production facility in Al Ruwais Industrial City, Abu Dhabi.
The Kassø eMethanol facility is inaugurated in Aabenraa, Denmark
The Kassø eMethanol facility in Aabenraa, Denmark, has been officially inaugurated and is now supplying eMethanol to offtakers. Developed by European Energy and operated in collaboration with Mitsui & Co., the facility is owned by Solar Park Kassø ApS under Kassø MidCo ApS, with European Energy A/S holding a 51% stake and Mitsui & Co. 49%.
Vioneo appoints Wood to design world’s first industrial scale fossil-free plastics facility
Vioneo has awarded Wood a contract to deliver the front-end engineering design for its revolutionary plant which will produce fossil-free plastics using green methanol.
Hazer and KBR enter global deal to accelerate licensing and commercialization
Hazer Group Ltd. has entered into a binding alliance agreement with Kellogg Brown and Root LLC, a global leader in technology and engineering solutions, for the commercial deployment and licensing of Hazer’s proprietary methane pyrolysis technology.
- NAPCOR releases 2024 PET recycling report highlighting system efficiency gains and continued strength of PET circularity 12/12
- OQ courts other partners for petrochemical complex in Oman as SABIC drops out 12/12
- Brazil's BNDES approves $71 MM for carbon storage project 12/12
- Cuba on edge as U.S. seizure of oil tanker puts supply at risk 12/12
- China oil demand to plateau between 2025 and 2030 12/12
- Germany's PCK refinery says no impact from pipeline leak 12/12
