Iceland-headed emissions-to-liquids (ETL) technology developer Carbon Recycling International hf (CRI) has announced the signing of a "landmark agreement" with China-headed Tianying Group to leverage its methanol synthesis technology in its large-scale electro-methanol production project in Liaoyuan, China.
Tianying Group’s business covers multiple fields of green energy, such as renewable power generation, energy storage, hydrogen derivatives, waste-to-energy (WtE), and urban environmental services.
This marks China’s first large-scale project utilizing CRI’s proprietary “emissions-to-liquid” (ETL) technology for the production of electro-methanol (e-methanol) from carbon dioxide (CO2).
We are thrilled to partner with CRI on this groundbreaking project. This agreement underscores our strong commitment to innovation and sustainability. The production of green methanol will play a crucial role in decarbonizing the chemical and fuel industries, and we are proud to lead the way, commented Dan Han Deputy General Engineer of Tianying.
Third commercial-scale project in China
CRI’s ETL technology has already proven to deliver results in two commercial plants, successfully converting CO2 captured from waste gas streams to methanol.
The plant will be the third commercial-sized plant commissioned utilizing CRI’s technology for methanol production in China.
The project embodies the vast potential for sustainable energy and represents a key milestone in the global effort to reduce carbon emissions.
Captured CO2 through direct combustion of biomass, bioCO2, and green hydrogen produced with renewable energy will be converted into e-methanol, a critical building block for both the chemical industry and the emerging green fuels market.
Close collaboration
The e-methanol plant’s first phase will have the capacity to produce 170,000 tonnes of e-methanol per annum, with an expected start-up date in 2025.
The plant will be designed to operate at a flexible load for variable wind energy inputs.
The agreement between the companies comprises of CRI’s technology license, engineering design, and supply of proprietary equipment.
CRI will also collaborate closely with Tianying on the Liaoyuan project to ensure seamless integration, provide operational support during the start-up phase, and provide support for optimal plant performance.
We are excited to partner with Tianying on this pioneering world-scale e-methanol project. Our ETL technology plays a central role in future sustainable energy production, and this project will set new standards in excellence and environmental impact. Together we are setting a new standard for what is possible in green chemical production, said Lotte Rosenberg, CEO of CRI.
