Switzerland-headed integrated industrial group Proman AG has announced that it has entered into an agreement to supply a global shipping major with 100 000 – 150 000 tonnes per year of green methanol from its new 200 000 tonnes per year methanol facility in development in North America.
Proman and A.P. Moller -Maersk (Maersk) have entered into a new cooperation agreement to identify and develop green methanol supply solutions for Maersk’s new methanol-fuelled container vessels.
As part of the agreement, Proman will aim to supply Maersk with 100 000 – 150 000 tonnes per year of green methanol from its new 200 000 tonnes per year methanol facility in development in North America.
The project will be built by Proman with a target start of operations in 2025, producing bio-methanol from non-recyclable forestry residues and municipal solid waste (MSW).
Develop global projects
Proman and Maersk will further collaborate on developing global projects with the aim of producing and delivering green methanol for Maersk’s vessels.
Proman will leverage its expertise across the methanol value chain to optimize global supply at Maersk’s key bunkering ports, alongside wider collaboration and sharing of operational and technological best practices to drive forward shipping sustainability.
Proman is evaluating multiple bio-methanol and e-methanol projects in South America, Europe, and the UK, which Maersk and Proman will explore as part of a longer-term green methanol supply strategy for Maersk and for the shipping industry.
Maersk’s industry-leading commitment to green methanol is fully aligned with Proman’s belief that methanol should be a key part of the energy transition. Methanol-powered vessels are already in use today, with a proven track record of reducing and even eliminating major emissions like particulate matter and sulphur oxides. We are excited to bring our deep industry experience to help deliver on Maersk’s bold ambitions, working together to deliver green methanol and clean shipping at a global scale, said David Cassidy, Proman Chief Executive.
Proman continues to develop worldwide investments in new ultra-low emission natural gas to methanol plants, in which plants are designed to maximize efficiency and minimize emissions, to help serve the broader marine fuel demand.
To transition towards decarbonization, we need a significant and timely acceleration in the production of green fuels. Green methanol is the only market-ready and scalable available solution today for shipping. Production must be increase through collaboration across the ecosystem and around the world. That is why these partnerships mark an important milestone to get the transition to green energy underway, said Henriette Hallberg Thygesen, CEO of Fleet & Strategic Brands, A.P. Moller – Maersk.
