Perstorp 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.
Methanol is one of the most important raw materials for the chemical industry.
Project AIR aims to substitute all the 200,000 tons of fossil methanol that Perstorp uses annually in Europe as a raw material for chemical products.
The project would support companies downstream in the value chains in their efforts towards renewable/circular materials, reduced carbon footprints, and in their ability to offer sustainable, affordable products.
If completed, Project AIR will reduce greenhouse gas emissions by about 500,000 tons annually. The goal is to start producing sustainable methanol in 2025.
If the required funding is granted, Perstorp plans to build the methanol plant in Stenungsund, Sweden, utilize its own CO2 and residue streams, and use the methanol to substitute all the fossil methanol used in its production in Europe.
Fortum and Uniper plan to supply renewable hydrogen from a new electrolysis plant. One of the world’s largest producers of biogas, Nature Energy will seek to supply biogas to Project AIR.
