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MOSCOW (MRC) -- Perstorp, a global
leader in the specialty chemicals market, has developed a production concept to
produce methanol from a large variety of recovered end-of-life streams and
hydrogen from electrolysis. Project AIR will build a first-of-a-kind, large
scale, commercial Carbon Capture and Utilization (CCU) unit to produce
sustainable methanol, said Hydrocarbonprocessing.
The
methanol plant will be unique in the sense that it is a combined CCU and
gasification process where CO2, residue streams, renewable hydrogen and
biomethane will be converted to methanol. Perstorp plans to do this in
cooperation with Fortum, Uniper and Nature Energy.
"This innovation would
both optimize the use of existing technologies whilst building something
completely new, as well as demonstrating carbon capture and utilization, using
captured CO2 as a raw material. It would be a concrete example of the transition
towards a circular economy and of how significant CO2 emission reductions could
be achieved by utilizing existing resources and closing loops. This would be an
important step for us to achieve our goal of becoming Finite Material Neutral,”
said Perstorp’s president and CEO, Jan Secher.
Methanol is one of the
most important raw materials for the chemical industry. Project AIR aims to
substitute all the 200,000 tons of fossil methanol that Perstorp uses annually
in Europe as a raw material for chemical products. The project would support
companies downstream in the value chains in their efforts towards
renewable/circular materials, reduced carbon footprints, and in their ability to
offer sustainable, affordable products. If completed, Project AIR will reduce
greenhouse gas emissions by about 500,000 tons annually. The goal is to start
producing sustainable methanol in 2025.
If the required fundings are
granted, Perstorp plans to build the methanol plant in Stenungsund, Sweden,
utilize its own CO2 and residue streams, and use the methanol to substitute all
the fossil methanol used in its production in Europe. Fortum and Uniper plans to
supply renewable hydrogen from a new electrolysis plant. One of the world’s
largest producers of biogas, Nature Energy will seek to supply biogas to Project
AIR.
As MRC informed earlier,
Perstorp says it plans to build a large-scale commercial carbon capture and
utilization (CCU) unit at Stenungsund, Sweden, dubbed Project AIR, that will use
a production concept the company has developed to produce sustainable methanol
from a variety of recovered end-of-life streams and hydrogen from
electrolysis.
As MRC reported earlier,
in December 2017, Perstorp announced world’s first portfolio of renewable
alternatives to the essential polyols Pentaerythritol (Penta),
Trimethylolpropane (TMP), and Neopentyl glycol (Neo).
As per MRC's ScanPlast report,
November total production of unmixed PVC was about 86,100 tonnes versus 86,600
tonnes a month earlier, SayanskKhimPlast and RusVinyl decreased their capacity
utilisation last month. Overall output of polymer were 892,100 tonnes in the
eleven months of 2020 from 893,600 tonnes a year earlier. Two producers
increased their production, whereas two other manufacturers reduced their
output.
Perstorp is one of the world leaders in various sectors of the
specialty chemicals market, it's pioneer in formalin chemistry, plastics and
surface materials. Perstorp was founded in 1881 and is controlled by PAI
partners,a major European private equity company. The company has around 1,500
employees in with 22 production plants in Europe, Asia and North
America. |
