MI Press Releases
METHANOL INSTITUTE RELEASES 2021 EDITION OF METHANOL MILESTONES
April 13, 2021
The 2021 edition of Milestones details both MI and the industry’s activities over the course of 2020, a year that was anything but normal. The COVID-19 pandemic drove economies to shut down, halted global travel, led an oil price collapse, and much more. For the Methanol Institute, 2020 brought both great challenges and exciting opportunities. MI worked hard to pivot our activities to maintain momentum and best position the industry for post COVID expansion. As we have sought new opportunities, funding for conferences, events, and pilot projects has moved to tabletop studies, consultant activities, and a strong push to increase our digital presence.
METHANOL INSTITUTE FORMALIZES COLLABORATION WITH INDONESIA’S MINISTRY OF ENERGY AND MINERAL RESOURCES
April 12, 2021
The Methanol Institute (MI) and Indonesia’s Ministry of Energy and Mineral Resources (MEMR) held a signing ceremony of a Letter of Interest (LOI) on March 30, 2021. The LOI was signed to formalize their partnership on developing methanol as an energy product in Indonesia.
METHANOL INSTITUTE WELCOMES MAERSK AS ASSOCIATION'S NEWEST MEMBER
March 24, 2021
The Methanol Institute (MI) is pleased to welcome A.P. Moller – Maersk as the association’s newest member company. Maersk – a global leader in container logistics and operating the world’s largest container vessel fleet – recently announced that its first carbon-neutral vessel, being launched in 2023 will be a methanol dual fuel ship. In December 2018, Maersk announced its ambition of net-zero CO2 emissions by 2050 and has since identified its primary fuel candidates to be carbon neutral methanol (bio-methanol and e methanol), alcohol-lignin blends and carbon neutral ammonia along with the use of biofuels.
METHANOL INSTITUTE WELCOMES LIQUID WIND AS ASSOCIATION'S NEWEST MEMBER
March 16, 2021
The Methanol Institute (MI) is pleased to welcome Liquid Wind as our newest member company. Liquid Wind is a Power-to-Fuel Company committed to significantly reducing carbon emissions from shipping and transportation. Based in Gothenburg, Sweden, the company develops, finances, builds and manages facilities to produce renewable methanol. Each facility will combine captured biogenic carbon dioxide with renewable electricity in the form of hydrogen, to produce liquid, carbon neutral fuel. Liquid Wind has a strong Consortium, including Siemens Energy, Haldor Topsoe and Carbon Clean. The close collaboration and integration of leading technology will ensure production of cost-effective renewable methanol.
METHANOL INSTITUTE WELCOMES CLEAN ENERGY RESOURCES AS ASSOCIATION'S NEWEST MEMBER
February 19, 2021
The Methanol Institute is pleased to welcome Clean Energy Resources LLC (“CER”), as our newest member company. CER is a leader in applying circular economy principles, including large-scale carbon capture and refinery waste recycling to the hydrocarbon industry. It is currently developing the Lake Charles Methanol project near Lake Charles, Louisiana, which will be the world’s largest industrial carbon capture facility with a capacity of 4 million tons of methanol per year. Methanol is a clean burning fuel with uses in transportation, heating and downstream petrochemical industries. This is the first in a series of CER projects which produce zero-carbon products from petroleum waste and natural gas.
METHANOL INSTITUTE WELCOMES RIX INDUSTRIES AS ASSOCIATION'S NEWEST MEMBER
February 1, 2021
The Methanol Institute (MI) is pleased to welcome RIX Industries as our newest member company. RIXIndustries is a technology-focused company specializing in the design, development and manufacturing of gas generation systems, precision compressor solutions, and cryogenic cooling technologies for critical applications in Marine, Aerospace, Land, Energy, Industrial, Medical, and Telecomm markets. Founded in 1878, the company is headquartered in Benicia, CA, and operates additional facilities in Sparks, NV (production) and Rockville, CA (Innovation Center).
IRENA AND METHANOL INSTITUTE RELEASE REPORT ON RENEWABLE METHANOL
January 27, 2021
The International Renewable Energy Agency (IRENA) and Methanol Institute (MI) released a joint report “Innovation Outlook: Renewable Methanol.” This comprehensive report discusses market status and outlook of renewable methanol for the main applications such as feedstock for petrochemicals and transport sectors such as shipping, car and truck fuel. It also elaborates on what policy actions are needed to facilitate an uptake of renewable methanol in the next decade.
CEN WORKSHOP AGREEMENT PUTS METHANOL IN POLE POSITION AS SAFE CLEAN ARCTIC FUEL
December 1, 2020
The Methanol Institute is urging the maritime community to take action to mitigate pollution and emissions risk in Polar regions by adopting Methanol as marine fuel, applying safe bunkering guidelines developed by the European Committee for Standardisation (CEN). Facilitated by the Safe Maritime Operations under Extreme Conditions: the Arctic Case (SEDNA), which advocates for an integrated risk-based approach to safe Arctic navigation, ship design and operation, the project secured a CEN Workshop Agreement on a process to address safety during bunkering of Methanol as a marine fuel earlier this year.
SHIPPING SHOULD SEIZE THE OPPORTUNITY OF LOW CARBON METHANOL
November 19, 2020
The combination of market mechanisms and regulatory instruments will be the defining feature of shipping’s journey to decarbonization. Though regulation remains critical to implementation, the drive from the industry will accelerate the process.
APPROVAL OF METHANOL GUIDELINES BY IMO WILL RELEASE ‘PENT-UP DEMAND’ FOR LOW CARBON ALTERNATIVES
November 9, 2020
The Methanol Institute (MI) has welcomed the adoption by the International Maritime Organization’s Maritime Safety Committee of interim guidelines on the use of Methanol as a marine fuel. The guidelines enshrine ethyl and methyl alcohols as options for marine fuel; a milestone the institute believes will be catalyst for more ship operators to consider Methanol as a low carbon compliance option.
THE METHANOL INSTITUTE IS PLEASED TO WELCOME STENA BULK AS OUR NEWEST MEMBER
November 9, 2020
The Methanol Institute (MI) is pleased to welcome Stena Bulk as our newest member company. Stena Bulk’s mission is to provide customers with safe and cost-efficient tanker transportation based on innovation and performance. Stena Bulk’s fleet consists of about 100 vessels and the company have offices in six countries. Stena Bulk is part of the Stena Sphere, which has around 20 000 employees in Sweden and abroad.
THE METHANOL INSTITUTE WELCOMES SOUTHERN GREEN GAS AS A NEW ASSOCIATION MEMBER
October 27, 2020
The Methanol Institute (MI) is pleased to welcome Australia’s Southern Green Gas as our newest member. Southern Green Gas is a renewable energy company pioneering world-first technology aimed at creating carbon-neutral fuels; renewable methane and renewable methanol. At the heart of Southern Green Gas’s technology is the ability to extract carbon dioxide from the atmosphere to create fuels that are not only sustainable, but also can be transported in existing infrastructure. Southern Green Gas’s approach is unique in the use of small production modules that are amenable to mass manufacture. The potential cost reduction benefits from this approach could allow a least cost transition to a low carbon vibrant economy.
METHANOL COULD BE THE MOTOR FUEL OF CHOICE TO MEET FUTURE TRANSPORT ENERGY DEMAND
October 20, 2020
Methanol could become a cost-efficient, clean and sustainable alternative to fossil fuel in transport, according to a new report* published by the International Energy Agency’s Advanced Motor Fuel (AMF) Technology Collaboration Programme (TCP). As climate change mitigation gains traction around the world, there is a growing need to reduce the greenhouse gas (GHG) emissions of transport. Improving energy efficiency of engines is insufficient, and alternative fuels are required to further improve the environmental performance of different modes of transport.