CRecTech has developed a novel catalytic technology that simplifies the operational process and production cost of converting biogas into bio-methanol, making renewable methanol fuel more affordable for the maritime sector to accelerate their transition toward net zero CO2 emissions.
ABOUT THE PROJECT
The maritime industry contributes to 2-3% of global CO2 emissions, and the transition to renewable fuels is a key factor in helping this sector reduce its CO2 footprint. However, the lack of affordable and abundantly available renewable fuels (e.g., methanol) hampers rapid, global decarbonization efforts.
CRecTech has developed an efficient process to convert biogas into bio-methanol leveraging their novel catalyst technology. Their approach also simplifies bio-methanol production from the current 4-step process down to a 2-step process.
CRecTech’s process significantly reduces the carbon footprint and production cost of bio-methanol, making renewable methanol fuel more affordable for our consumers, such as the maritime sector.