Advanced Chemical Technologies joins the Methanol Institute
Advanced Chemical Technologies Inc. (AChT), a Canadian developer of renewable hydrogen, carbon capture and utilization (CCU) and low-carbon methanol project, has joined the Methanol Insitute (MI), the global trade association for the methanol industry.
Founded in 2015, Advanced Chemical Technologies Inc. (AChT) has developed a major clean industry infrastructure project. Through AChT’s licensed processes patented out of the University of Waterloo’s Chemical Engineering Department, the project being developed in Sarnia, Ontario (ON) brings together an innovative combination of commercially proven technologies – hydrogen and oxygen production (electrolysis), carbon capture and utilization (CCU) and low carbon methanol (LCM) production.
AChT is pleased to join the Methanol Institute (MI) and looks forward to participating in MI’s committees to further MI’s objectives of promoting the growth of the global methanol industry by furthering methanol as an essential chemical commodity and an emerging source of clean and renewable energy, said Dr Doug Beynon, President, and CEO of AChT.
The project includes a world-leading 663 MW hydrogen plant, 2 803 tonne-per-day (TPD) industrial carbon dioxide (CO2) capture plant and a 5 000 tpd low carbon methanol plant. AChT’s project will deliver large scale reductions of industrial CO2 emission and provide a low carbon base chemical that will in turn reduce the carbon intensity of derivative products including transportation and other fuels.
AChT’s innovative approach to low carbon methanol production offers a pathway to sustainable fuels and chemicals, and we are happy to welcome them to MI, commented Greg Dolan, CEO, MI.