M2X Energy partners with FSEC for low-carbon methanol

The startup-university partnership is creating a technology to convert stranded gas methane, which is a common byproduct of oil production, to methanol, that can be used in low-carbon fuels and other materials. Gas flaring is the process of burning and disposing stranded natural gas, a byproduct of oil production, at oil wells. Photo credit: Anthony

Liquid Wind partners with Umeå Energi for e-methanol plant

Liquid Wind has partnered up with compatriot energy firm Umeå Energi to build Sweden’s third e-methanol plant for shipping fuel. Following a feasibility study, the partners have decided to establish a facility at the Dåva cogeneration plant in Umeå capable of producing 100,000 tons of green e-methanol per year and capturing 230,000 tons of carbon

MOL receives new dual-fuel methanol vessel

Mitsui OSK Lines (MOL) has taken delivery of a new dual-fuel methanol carrier at Hyundai Mipo Dockyard in South Korea. Named Cypress Sun, the vessel has been designed to operate using both methanol and traditional heavy fuel. Canada-based Waterfront Shipping Company (WFS) will charter the vessel from MOL under a long-term charter contract. Cypress Sun

TA’ZIZ and Proman agreed to develop first methanol facility in UAE

Abu Dhabi Chemicals Derivatives Company RSC Ltd (TA’ZIZ) and PROMAN AG (Proman), one of the world’s leading producers of methanol, have signed a shareholders’ agreement to develop the UAE’s first world-scale methanol production facility at the TA’ZIZ Industrial Chemicals Zone in Al Ruways Industrial City, Abu Dhabi. The facility has an anticipated annual capacity of

Chartwell Marine bags grant to develop methanol vessel design

Vessel designer Chartwell Marine has won of a £320,000 Innovate UK Smart Grant which will enable Chartwell and consortium partners — Boat Electric & Electronics and Engineered Marine Systems — to develop and test the feasibility of “a market-first” methanol-fuelled vessel design. The vessel will be used for applications in the offshore wind, commercial workboat,

C1 start-up raises growth capital from Maersk

The Climate tech start-up C1 has raised growth capital from Maersk Growth, the Venture Capital Arm of A. P. Møller – Maersk to faster scale their ultra-efficient catalysis, which will enable the mass production of green methanol without the usual premium paid for sustainably produced methanol. Besides the ability to function as a carbon-based feedstock

Project Air in Sweden to receive $105 mn from EU funding

Project Air is an industrial collaboration to build a unique production facility for sustainable methanol in Stenungsund in Sweden. The country will now receive EUR 97 million in support from the EU Innovation Fund. The announcement marks an important milestone for the project, which is being led by chemicals company Perstorp AB. The facility is

Cargill orders kamsarmax bulk carriers

Cargill has linked with trading house Mitsui & Co to order two at Japan’s Tsuneishi Shipbuilding. The landmark vessels are scheduled to deliver in the first quarter of 2026. No price has been revealed. Japanese shipyards are eagerly awaiting further methanol-fuelled bulk carrier orders with Hong Kong’s Pacific Basin likely to be among the first

HiMSEN methanol dual-fuel engine tested

Hyundai Heavy Industries – Engine & Machinery division has announced that it has completed the factory acceptance test (FAT) for the HiMSEN methanol dual-fuel engine H32DF-LM The test on the four-stroke engine was conducted with Danish shipowner AP Møller-Maersk in the HiMSEN production factory in Ulsan, South Korea. HHI-EMD reported the H32DF-LM engine, which “demonstrated

Zagros and Dalian agreed for construction of methanol conversion plant

Zagros Petrochemical Company and China’s Dalian Petrochemical Company have signed a contract, based on which the latter will transfer knowhow to build a plant for the conversion of methanol to synthetic ethanol to the Iranian company, the managing director of Zagros Petrochemical Company said. With this initiative, Zagros Petrochemical Company is taking a major step