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Tag: Methanol

The shape of things to come?

Global nitrogen and methanol markets are currently in the grip of a crisis in feedstock prices. Mostly this is about Europe’s dependence on imported natural gas, but – particularly on the methanol side – it has also been exacerbated by high coal prices in China, where heavy rains have led to flooding in Shanxi province, the source of one third of China’s coal. These have followed similar floods in Henan in July, and come at a time when China is facing power rationing due to a lack of electricity supply. The world economy’s long-awaited bounce back from the covid pandemic has also led to a general global surge in energy demand, and consequently higher oil and gas prices.

Maersk bets on methanol

While the past couple of years have seen considerable excitement and momentum concerning the use of blue/green ammonia as a fuel, an announcement in August by Maersk, the largest shipping company in the world, has served once again as a useful reminder that ammonia is not the only candidate molecule. Maersk said on August 24th that it is ordering eight methanol powered vessels from South Korea’s Hyundai Heavy Industries at a total cost of $1.4 billion. Each giant ship will have the capacity to carry 16,000 twenty-foot [container] equivalent units (TEUs).

Syngas News

The UK has published its Hydrogen Strategy, setting out the government’s ambition to create a low carbon hydrogen sector, with up to one third of the UK’s energy consumption being hydrogen-based by 2050. The commitments set out in the strategy unlocks £4 billion of government investment by 2030. The government plans 5GW of low carbon hydrogen production capacity and the establishment of carbon capture, use and storage (CCUS) in four industrial clusters by 2030, as well as blending of hydrogen into the existing gas network and a ‘twin-track’ approach to hydrogen production, using both electrolytic and CCUS-enabled low carbon hydrogen production in order to scale up production in time to meet the UK’s 2030 and 2050 carbon emissions targets.

Latest catalyst provides more methanol for longer

Johnson Matthey’s latest methanol synthesis catalyst, KATALCO™ 51-102, was introduced in 2018 to offer improved catalyst stability and therefore higher end-of-life activity and extended lifetimes than conventional methanol synthesis catalysts. Since launch, KATALCO 51-102 has been successfully installed in two methanol plants and a third is planned for later in the year. In this article Johnson Matthey provides an update on the proven performance of KATALCO 51-102 during lab and pilot scale testing as well as in customer plants. The application of catalysts made using the KATALCO 51-102 technology for methanol synthesis via new ‘green’ routes, such as using captured and purified CO2 in conjunction with ‘green’ hydrogen, is also discussed.