Decarbonization Johnson Matthey, NextChem to Develop ‘Waste-to-Methanol’ Technology
Johnson Matthey and NextChem’s MyRechemical have plans to commercially develop the ‘waste-to-methanol’ technology across the globe. The methanol derived from the technology can be used for producing low-carbon fuels as well as be used as a raw material in the chemical and plastic industries.
London/United Kingdom – A new milestone in Maire Tecnimont Group’s green acceleration roadmap: MyRechemical, NextChem’s subsidiary dedicated to waste-to-chemical technologies, and Johnson Matthey (JM) will jointly cooperate to commercially develop the ‘waste-to-methanol’ technology worldwide.
This waste-to-methanol technology has its roots in the chemical conversion of non-recyclable municipal waste, which would otherwise be disposed in landfill or incinerated, into valuable syngas used to produce methanol. Through the chemical conversion of non-recyclable municipal and industrial waste, mainly plastic and dry waste, the resulting hydrogen and carbon oxides can be used to produce more sustainable chemical products.
The methanol derived from this process can be used as an intermediate for low-carbon additives in the blending of gasoline and diesel, replacing the fossil-based component with one derived from recycling, as well as a raw material for the chemical, construction and plastic industries. Ultimately this ensures a lower carbon footprint, demonstrating the sustainability of this technology. Methanol is an important intermediate product used in many goods that play a role in everyday life such as resins, plastics, insulation and fibers. It can be used as a fuel in transportation and, critically, is a potential enabler for decarbonization.
This agreement involves JM’s proven syngas-to-methanol technology, which transforms synthesis gas using a robust and reliable chemical catalytic process to implement new waste-to-methanol plants. Additionally, MyRechemical will integrate JM’s syngas-to-methanol technology into the waste-to-chemical process in order to commercialize this waste-to-methanol technology worldwide.
Pierroberto Folgiero, Chief Executive Officer of Maire Tecnimont Group and NextChem, commented: "Circular methanol obtained from the technology on which we are partnering with JM can be used in better performing, low-carbon fuels for sustainable mobility, for example for the shipping sector, and as a more sustainable product for the chemical industry. There is a wide and promising market for such a product, aimed at driving the industry towards the use of more sustainable feedstocks, avoiding the consumption of natural resources. This technology, which is immediately applicable, provides a concrete answer to these needs.”