CIMC Enric and Maersk work together to develop green methanol project

The two parties have signed a Memorandum of Understanding (MoU) on this cooperation cloud. In the future, based on the green methanol project, they will explore and establish a long-term and close cooperative relationship in the field of clean energy.

According to the MoU, CIMC Enric will rely on its own key equipment and core processes to help Maersk container ships transform into green methanol fuel through technological innovation and green solutions. The first phase of the project is a strategic demonstration project involving 50 000 t of biomass green methanol. The production capacity of the second phase of the project depends on the development situation, and the annual output of green methanol is expected to increase to 200 000 t.

Methanol is a clean hydrogen and oxygen-containing liquid fuel, and green menthanol can be obtained through various means such as biomass energy, green hydrogen capture of carbon dioxide (CO₂), or renewable energy. Due to its clean production method, high energy density, and convenient storage and transportation, green methanol is one of the important paths to carbon neutrality recognised globally.

China is the world's largest methanol market. According to the 'Petrochemical and Chemical Industry Development Plan (2016 - 2020)' issued by the Ministry of Industry and Information Technology, China's current traditional methanol chemical market is about 50 million tpy, with an annual growth rate of approximately 8.8%.

It is understood that CIMC Enric plans to use high-rate circulating fluidised bed biomass and high-efficiency gasification technology to produce green methanol, and then synthesise methanol through biomass gasification and water-vapour shift to produce hydrogen. This technology has strong adaptability of raw materials, extremely low pollutant emissions, and a carbon conversion rate as high as 99.5%, and no tar is produced.

Maersk, the partner of CIMC Enric this time, is a comprehensive container shipping and logistics enterprise engaged in container transportation, logistics, terminal operations and other businesses. It is headquartered in Copenhagen, Denmark, and has offices in more than 130 countries around the world. As one the world's leading shipping and logistics companies, it continues to accelerate the all-round decarbonisation process of sea, air, terminal and landside transportation, and has announced the ordering of 12 large green methanol container ships.

Read the article online at: https://www.hydrocarbonengineering.com/clean-fuels/16032022/cimc-enric-and-maersk-work-together-to-develop-green-methanol-project/