London +4420 814 42225
Moscow +7495 543 9194
Kiev +38044 599 2950
info@mrcplast.com

Our Clients

Order Informer

 
Home > News >
 

Perstorp plans to reduce carbon emissions by half million tons through producing sustainable methanol

December 29/2020

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 Perstorps 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 worlds 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 worlds 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.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, crude oil, PVC, EPVC, PVC paste, SPVC, neftegaz, petrochemistry, Perstorp.
Category:General News
|
| More

Leave a comment

MRC help

 


 All News   News subscribe