MOL To Launch ‘Carbon-Neutral’ Methanol Shipping Project

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  • MOL will invest in NWIW for a planned methanol facility at the Port of Kalama in southwest Washington, USA.
  • The planned facility in Kalama will convert regionally sourced natural gas to methanol to
    be transported via ship for use in dedicated materials pathway production in Asia.
  • MOL will obtain a deeper knowledge of overall methanol activities, allowing the company to provide better services and solutions for its customers.

MOL and NW Innovation works announce new partnership, reads a news release by MOL.

Methanol facility at Kalama port

Japanese owner Mitsui OSK Lines (MOL) will invest in US-based methanol producer NW Innovation Works (NWIW), and provide and operate purpose-built next-generation ships to serve NWIW’s planned methanol facility at the Port of Kalama in southwest Washington.

The planned facility will convert regionally sourced natural gas to methanol, to be transported via ship for use in dedicated materials pathway production in Asia.

Check on GHG emissions

NWIW claims the methanol it produces will displace more carbon-intensive coal-based methanol, resulting in greenhouse gas reductions globally. Additionally, it will offset 100% of its GHG emissions from both direct and indirect sources within Washington State.

Partnering with NWIW at an early stage places MOL in the best position to provide safe operation, service and solutions with the aim of achieving the highest levels of environmental benefits,” MOL said in the news release.

The statement also read, “By participating in this project, MOL will obtain a deeper knowledge of overall methanol activities, allowing the company to provide better services and solutions for its customers.”

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Source: Mitsui OSK Lines

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