MAKING METHANOL FROM PLASTIC WASTE
One of our most valued systems and technology is to turn plastic waste into methanol, ensuring success in mitigating and helping reduce carbon emissions over time. With the plastic waste available, the production of hydrogen and, or methanol will become more accessible, especially on the route of the biggest shipping company ~ A.P. Moller – Maersk. Last year, it ordered 13 container ships fueled with green methanol, produced by sustainable biomass and renewable electricity, the first of which is to come into service next year. Methanol is a light, colorless and volatile liquid alcohol with a distinctive order. It is the simplest type of alcohol and is prepared by directly combining carbon monoxide gas and hydrogen in the presence of a catalyst. The global methanol market reached a value of US$ 26 Billion in 2020. The global production capacity of methanol reached about 150 million metric tons in 2020, with production in Asia, North and South America, Europe, Africa, and the Middle East. The global demand for methanol reached approximately 98 million metric tons in 2020. Growing interests in clean-burning fuels and regulatory changes are drivers for new methanol applications as a fuel due to its lower emissions.
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