Iceland-headed emissions-to-liquids (ETL) technology developer Carbon Recycling International hf (CRI) and UK-headed Johnson Matthey plc (JM) have agreed on a long-term exclusive catalyst supply agreement for the continued use of JM’s "KATALCO" methanol synthesis catalysts in CRI’s ETL designed carbon dioxide (CO2) to methanol plants. This combined offering helps meet the urgent need to remove carbon emissions in hard-to-decarbonize sectors of the economy.
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Methanol is an important raw material used to produce many everyday products including adhesives, pressed wood, pharmaceuticals, clothing, and transportation fuels. However, conventional methanol production involves fossil feedstocks such as natural gas or coal.
Making methanol from recycled CO2 is one of the most effective ways to achieve carbon capture and utilization (CCU) for the chemical industry. This technology will provide a vital pathway to achieving net-zero emissions by contributing to the reduction of greenhouse gas (GHG) emissions.
Methanol manufactured with CRI’s ETL process using JM catalysts provides a highly effective route to sustainable methanol from CO2 recovered from either industrial processes or biomass, such as waste and residues, or atmospheric sources.
This methanol meets all standard industrial specifications and can be used in all current methanol applications.
As a global leader in sustainable technologies that enable decarbonization, JM will supply its methanol synthesis catalyst for the CRI designed ETL plants.
The need for proven, scaled, and commercial solutions to produce sustainable chemicals and fuels has never been more urgent. Continuation of our long-standing cooperation with JM ensures that CRI can further strengthen its leadership in CO2-to-methanol technology and meet the needs of a growing number of clients adopting our flexible Emissions-to-Liquids technology, said Ingólfur Guðmundsson, CEO of CRI.
JM’s catalyst has been used in all CRI’s plants to date and their successful ten-year cooperation will continue with this agreement. The agreement was effective as of July 2021.
At Johnson Matthey, our whole focus is about creating a world that is cleaner and healthier. We believe we have a critical role in decarbonizing the way chemicals are produced. We are excited to continue our long-standing cooperation with CRI, since 2011, through the development of green methanol, building a cleaner future based on reduced emissions and more sustainable use of natural resources, said John Gordon, Managing Director, Johnson Matthey.
