Production of sustainable methanol as raw material for chemical products by first-of-a-kind Carbon Capture and Utilization process integrated with world scale electrolysis unit

Project Air aims to enable carbon neutrality in the European chemicals industry by producing sustainable methanol through innovative carbon capture and utilization, significantly reducing greenhouse gas emissions.

Subsidie
€ 97.000.000
2023

Projectdetails

Introduction

Project Air, coordinated by Perstorp Group and its partner Uniper, is a critical enabler for the European chemicals industry to become carbon neutral.

Impact on Industrial Value Chains

This initiative has far-reaching effects throughout many industrial value chains and contributes to ending Europe’s dependence on imported fossil fuels.

Technology Overview

A combination of carbon capture and utilisation (CCU) processes is employed to convert CO2, residue streams, renewable hydrogen, and biomethane. This innovative approach is used to create the first-of-a-kind, large-scale production of sustainable methanol.

Environmental Benefits

The project is expected to lead to a relative decrease of 123% in greenhouse gas emissions avoidance in comparison with conventional methanol synthesis.

Financiële details & Tijdlijn

Financiële details

Subsidiebedrag€ 97.000.000
Totale projectbegroting€ 97.000.000

Tijdlijn

Startdatum1-1-2023
Einddatum31-1-2037
Subsidiejaar2023

Partners & Locaties

Projectpartners

  • PERSTORP OXO ABpenvoerder
  • SYDKRAFT AB

Land(en)

Sweden

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