Consortium of 7 players established to build 'power-to-methanol' demonstration plant
This week, the port of Antwerp is taking another important step forward in the transition to alternative energy sources and a sustainable, low-carbon circular port. ENGIE, Fluxys, Indaver, INOVYN, Oiltanking, Port of Antwerp and the PMV – investment company of the Flemish Government - have established a consortium for the sustainable production of methanol, an essential raw material used by industry in the Port. Construction of a demonstration plant at the INOVYN site in Antwerp is scheduled to start by 2022, with the aim of producing 8000 tonnes of sustainable methanol annually, thus avoiding at least an equivalent volume of CO2 emissions.
Scoop for Belgium: production of sustainable methanol
Methanol is an essential multi-purpose raw material for the chemical industry, with many applications in wider industry as well. This key raw material is indispensable to the daily operation of the port of Antwerp as the largest European integrated energy and chemical cluster in the region. Currently, methanol is produced using fossil raw materials. The 'power-to-methanol' project aims to replace this with sustainably produced methanol, a first for Belgium. This methanol will be produced from captured CO2 and sustainably generated hydrogen. The carbon dioxide is captured by means of Carbon Capture and Utilisation (CCU), through which CO2 emissions are partially recovered and then combined with hydrogen generated on the basis of green energy produced from renewable electricity.
Source: Port of Antwerp
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