MALMÖ, Sweden — Perstorp, a global leader in the specialty chemicals market, has developed a production concept to produce methanol from a large variety of recovered end-of-life streams and hydrogen from electrolysis. Project AIR will build a first-of-a-kind, large-scale, commercial carbon capture and utilization (CCU) unit to produce sustainable methanol. The methanol plant will be unique in the sense that it is a combined CCU and gasification process where CO₂, residue streams, renewable hydrogen and biomethane will be converted to methanol. Perstorp plans to do this in cooperation with Fortum, Uniper and Nature Energy.

“This innovation would both optimize the use of existing technologies whilst building something completely new, as well as demonstrating carbon capture and utilization, using captured CO₂ as a raw material. It would be a concrete example of the transition towards a circular economy and of how significant CO₂ emission reductions could be achieved by utilizing existing resources and closing loops. This would be an important step for us to achieve our goal of becoming finite material neutral,” said Perstorp’s President and CEO, Jan Secher.