Tag: Methanol

Topsoe has been selected as technology provider by Sandpiper Chemicals LLC, for their new blue methanol plant in Texas City, Texas. Topsoe will license its Syn-COR™ technology, which will be combined with carbon capture & storage (CCS) for the production of blue methanol. The project, when operational will produce 3,000 t/d of blue methanol. The IEA estimates that methanol demand is expected to grow to 120-150 million t/a by 2030. Today, methanol is primarily used within the chemical industry, but growing demand is coming from the shipping industry as it looks to lower emissions.

Nippon Kaiji Kyokai (ClassNK) has granted approval in principle to SRC for ‘methanol superstorage’, an innovative tank design concept that uses a sandwich plate system technology to almost double shipboard storage capacity for both methanol and ethanol. The approval confirms that methanol superstorage is feasible for the intended application in accordance with the society’s 'Guidelines for Ships Using Alternative Fuels’.

NextChem and Siemens Energy have signed a memorandum of understanding to cooperate on the development and commercialisation of a high temperature methanol fuel cell, based on a newly designed modularised solution. With an initial focus on the high-end yachting segment, the target market for the cooperation is the maritime industry and beyond. According to the MoU, NextChem will focus on the design and supply of the methanol fuel cell module, while Siemens Energy will leverage its expertise in onboard system integration, complete electrification and energy management with the aim of delivering a complete solution to shipyards and owners.

Topsoe has signed an offtake agreement to provide its Solid Oxide Electrolyser Cell (SOEC) technology for Forestal’s Triskelion green methanol plant in Galicia. The SOEC’s will be delivered from Topsoe’s manufacturing facility in Herning, Denmark, which is nearing the final stage of readiness for industrial-scale production. The agreement, which includes a 10-year service warranty program, builds on Topsoe’s existing agreement with Forestal, announced in December 2024, to provide its e-methanol synthesis technology, catalysts and engineering for highly efficient e-methanol production.

l The market looks very tight through the end of the year, though some expect supply to improve in Q4. Prices are unlikely to ease in the coming weeks. l Woodside’s Beaumont New Ammonia Project is now 97% complete, and the producer expects production from the first train in late 2025. There is no information from Gulf Coast Ammonia on when to expect commercial production. l There was an absence of fresh confirmed business into northwest Europe. Still, producers with ammonia capacity in the region are expected to be maximising output given the favourable economics at current spot natural-gas prices at the Dutch TTF.

NextChem subsidiary MyRechemical has been selected by Mana Group and Equinor to conduct a feasibility study for a waste-to-methanol plant at Norway's Mongstad refinery. The project will use NX Circular™ technology to convert urban and industrial waste into chemical grade syngas which will be further processed to produce low-carbon methanol. The facility is expected to produce circular methanol with a low carbon footprint, eligible under the EU Renewable Energy Directive criteria. This methanol could initially replace marine bunker fuel to meet the targets of the FuelEU Maritime regulation, exempting final users from buying ETS credits and paying penalties, and potentially later be used as feedstock for methanol-to-jet facilities to produce sustainable aviation fuel (SAF) compliant with FuelEU Aviation regulation.

NEXTCHEM (MAIRE), Mana and Equinor enter strategic partnership to explore the potential development of large-scale waste-to-methanol project

The Methanol Institute (MI) has appointed Alexander Döll as its new Chief Executive Officer. He succeeds Greg Dolan , who is retiring after nearly 30 years of service and leadership. Döll brings more than 25 years of international experience across the energy, chemicals, and sustainability sectors. He has held senior positions at leading companies such as Dow and OCI Global, with a strong focus on public affairs, policy, and commercial strategy. His career spans Europe, the United States, the Middle East, Africa, and Southeast Asia; regions that are key to the future of the methanol industry. Before this appointment, he served as MI’s Chief Operating Officer, helping to guide the organisation during a period of significant growth and momentum.

• Ammonia prices look well insulated against any declines over the immediate term, though the upside may be more limited in some regions than others.

Transition Industries LLC has signed a heads of agreement with Italian contractor Bonatti SpA to deliver key infrastructure for the Pacifico Mexinol green methanol project in Sinaloa. Under the agreement, which includes a fixed lump-sum price, Bonatti will handle detailed engineering, procurement, construction, pre-commissioning, commissioning and startup for upgrades to the Terminal Transoceánica de Topolobampo port facilities. The work will cover methanol loading operations for export, underground transfer pipelines, vapor recovery systems, and dual fiber optic cables linking the main plant to the port. Bonatti may also build a closed-loop water pipeline to recycle municipal wastewater for plant operations, avoiding freshwater use and reducing environmental impact.