Page 165 - CW E-Magazine (19-9-2023)

News from Abroad

CARBON-NEUTRAL FUELS

Carbonco joins Korean green methanol project

Carbonco, a company belonging newable energy with inconsistent out- fuel cells that it supplies to the market.
to South Korean construction & engi- put in numerous forms such as hydro- Carbonco will be in charge of develop-
neering conglomerate, DL E&C Co. Ltd. gen, methanol, and ammonia. ing and running a business that captures
(DL Engineering & Construction), will and supplies carbon dioxide as a raw
engage in a green methanol production Under the agreement, Jeju Energy material for e-methanol using its own
project located on Jeju Island in Korea. will supply renewable energy by carbon capture and storage technologies.
harnessing wind power and other
The company has signed an agree- renewable sources. This renewable Furthermore, the company will be
ment with Korean firms Jeju Energy Cor- energy will be used to produce green involved in all aspects of the project,
poration and Gaoncell, and Germany’s hydrogen through the electrolysis from engineering design to procure-
ThyssenKrupp to produce e-methanol of water into oxygen and hydrogen. ment of equipment and construction as
(electricity-based methanol) using envi- well as operation and maintenance of
ronmentally favourable energy sources. The green hydrogen will be synthe- e-methanol production facilities.
sised with the carbon dioxide captured
The agreement aims to combine the from the nearby emission sources as Mr. Sang-min Lee, CEO of Carbonco,
strengths and expertise of each company e-methanol. ThyssenKrupp will offer the commented, “The e-fuel market, includ-
to construct a renewable energy stor- primary facilities for green hydrogen ing e-methanol, is expanding on a global
age system to achieve the Jeju Island’s generation as well as technology and scale as a method to utilise captured
vision of Carbon Free Island (CFI). facilities as the original technology carbon dioxide. Based on the synergy
licensor for the e-methanol production effects acquired via this partnership,
The project is Korea’s first Power to process. Gaoncell will engage in the we will evolve into a company that can
X (P2X) project driven by public-pri- entire business development and ope- deliver more diversified solutions across
vate collaboration. P2X is a conversion ration as a future buyer of generated the value chain for carbon capture, utili-
technology that stores and utilises re- e-methanol for use as a raw material in sation, and storage.”

SPECIALITY VISCOSE

Lenzing upgrades Indonesian facility

Lenzing, the Austria-based provider has set the goal of significantly reduc-
of fibres for the textile and nonwoven ing emissions at the site. Moreover, the
industries, has made significant techni- site started to obtain renewable grid
cal improvements to its Purwakarta site electricity and promotes a changeover
(PT. South Pacific Viscose) in Indonesia. to biomass in line with Lenzing’s goals
of reducing carbon emissions per tonne
The company said it has invested of product by 50% by 2030 and achiev-
more than €100-mn since 2021 to ing carbon-neutral production by 2050.
convert existing production capacity
to speciality viscose. With the immi- “Demand for speciality fibres with
nent completion of the investment, low environmental impacts continues
Lenzing is in a better position to serve to grow structurally. We see enormous
the strongly growing demand for growth potential in Asia in particular.
specialty fibres. Through our investments in Indonesia
and also at other Lenzing sites world-
Lenzing is striving for certification its Ecovero-branded fibres for textiles wide, we are in a better position to
according to the standard of the interna- and Veocel-branded fibres for non- serve this growing demand,” said
tionally recognised ‘EU Ecolabel’. The woven applications. In the course of Mr. Stephan Sielaff, Chief Executive
product portfolio would thus include these substantial investments, Lenzing Officer of the Lenzing Group.

Chemical Weekly September 19, 2023 165

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