MOSCOW (MRC) -- Clariant Catalysts continues to drive energy transition lighthouse projects, said the company.
European Energy selected Clariant's methanol synthesis catalyst MegaMax for the world’s largest e-methanol project. Located in Kasso, Denmark, the facility is scheduled to start operations by the end of 2023. It will have the capacity to produce 32,000 tons of e-methanol annually from carbon dioxide using Clariant’s catalyst.
MegaMax was chosen as it is proven to deliver high activity and stability under the challenging conditions of CO2-to-methanol conversion. A large portion of the plant’s annual yield is already allocated to the maritime giant Maersk for powering its first-ever carbon-neutral fleet. The remaining green methanol will be supplied to the Lego Group and Novo Nordisk.
Georg Anfang, Vice President Syngas and Fuels at Clariant Catalysts, commented, “We are proud to be part of this pioneering project with European Energy. Clariant Catalysts has been developing Power-to-X technologies, including green methanol, for over a decade. As a substitute for maritime bunker fuel, green methanol has a huge potential to be a key component of the energy transition to decarbonize the transport sector."
Anders Brendstrup, Vice President at European Energy, added, “We are very pleased to have Clariant on board. Their renowned expertise and advanced products are a perfect match for our vision to drive the green energy transition. We see many advantages in our partnership, not only for this groundbreaking project but also for future ventures.”
European Energy was founded in 2004 with the goal of driving the green transition and developing sustainable, fossil-free energy solutions. The multinational company has major investments in solar and wind energy projects, as well as power-to-x and carbon capture technologies. European Energy builds 1000 MW of renewable energy annually.
We remind, Clariant, a sustainability-focused speciality chemical company, provided on 7 Jul 2023 a trading update based on a preliminary assessment of its 2Q 2023 results and adjusted its expectations for FY 2023, said the company. 2Q 2023 preliminary sales at SFR 1084 M (compared to SFR 1301 M in 2Q 2022 and SFR 1200 M in 1Q 2023) resulting from improved Catalysts sales which partly compensate very weak demand in Care Chemicals and Additives as well as an approximate SFR -30 M net top-line impact from divestments/acquisition and around 10% negative FX translation effects.