2017-03-002 - GREENFUEL - CO2 reduction to methanol
Contacts
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Acronim & Gínjol codes
GREENFUEL
2017-03-002
Main technology offer
Patented process for the highly efficient conversion of CO2 into methanol. Laboratory scale prototype (1 ton per annum scale)
Ownership
Tarragona, Spain
2004
Institut Català d'Investigació Química (ICIQ)
Public Partners
Readiness Level
3-4 Experimental PoC /
5 Prototype /
6-7 MVP /
8 Industrialization /
9 Commercialization
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Impact: ESG & SDG Goals
Environment: energy usage; climate change; greenhouse gas eminsions; carbon footprint reduction
Contribution to CO2 emission reductions and production of efuels and new raw material based os circular economy principles.
Market Data
The horizon of total decarbonization of economy fixed by EU Commision by 2050 require new alternative energectic vectors to fosil fuels in order to fulfill all the energy demand. New technology developments allow the valorization of CO2 through the transformation of this waste into neutral emission e-fuels or chemicals. In this case, methanol is one of the most important due to its versatility in both, e-fuels, cosmetics or chemistry applications. This technology allow the acces to neutral methanol through the conversion of CO2.
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B2B. Manufacturing of methanol from CO2 towards its use as fuel or raw material for chemical industry
Alternative energetic vectors to fossil fuels, alternative sustainable raw materials for formaldehyde or carboxylic acid derivatives
Flavours and fragances, chemical indsutry, plastics, pharma, transport, (bio)-refineries
Funding
Construction of Commercial Scale Manufacturing plant
Venture Capital for industrialization scale up
Pilot plant (1 Tn/year) Demo plant (100 Tn/year) Commercial plant - US or Finland
Technology Status
Patented process for the highly efficient conversion of CO2 into methanol. Laboratory scale prototype with 1 ton/year production scale
CAPEX Lower cost of biomethanol compared to synthetic methanol
The technology is licensed to Innoxnova, a company based in Poland. This company validated the technology with a pilot plant scale (1 Tn/year), and a Demo plant (100 Tn/year). The company is currently under negotiations for the construction of 2 commercial scale plants in US and Finland
Licensed to INNOXNOVA (Poland). 2 patent families in national phases. EP12382177; EP16382062
Technology licensed to INNOXNOVA
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Quality Management
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Additional information
Patents: WO2013171239A1 - Date: Aug 24th, 2017 Status: Granted https://patents.google.com/patent/WO2013171239A1/en - Patents: WO2017140800A1 - Date: Aug 24th, 2017 Status: Granted https://patents.google.com/patent/WO2017140800A1/en
Methanol is indeed a commodity and represents the 4th chemical compound in terms of traded volumes. Closing the carbon cycle through CO2 conversion into methanol therefore seems attractive to mitigate the linked problems of global warming and oil depletion