- JM's eMERALD™ technology selected for HIF Global's
Paysandú eFuels facility which will support the decarbonisation of
the marine and automotive sectors.
- Located in Uruguay, it would
be the largest e-methanol plant in South
America with an expected production capacity of 700,000
tonnes per year of e-methanol.
- This project will be the 11th sustainable technologies project
win using JM's sustainable technologies since April 2022.
LONDON, May 16, 2024 /PRNewswire/ -- Johnson Matthey
(JM), a global leader in sustainable technologies, has been
selected by HIF Global, the world's leading eFuels company, as the
methanol licensor for HIF Global's Paysandú eFuels project in
Uruguay. The facility would be the
largest e-methanol plant in South
America and will use electrolytic (green) hydrogen and waste
CO2 from an ethanol plant to produce e-methanol. E-methanol,
through use of renewable feedstocks, enables the production of a
lower carbon fuel versus traditional methanol[1].
JM's e-methanol eMERALD™ technology has been proven as a
credible route to decarbonise methanol production¹ and this
technology will be deployed at the HIF Paysandú eFuels facility,
with expected production capacity of 700,000 tonnes per year of
e-methanol. The e-methanol will be utilised to support the rapidly
growing demand from the marine market, as well as a feedstock to
produce e-gasoline (via a methanol to gasoline process) which will
facilitate the decarbonisation of over 150,000 vehicles.
This collaboration builds on the successful demonstration of the
eMERALD technology in the HIF Haru Oni eFuels facility,
where JM licenses its technology and supplies the catalyst. The
demo plant has successfully operated for over 12 months, producing
methanol that is further processed into gasoline.
Additionally, HIF Global has announced other planned eFuels
projects to be built in the US, Tasmania, and Chile. JM is already working with HIF Global
to support the development of these projects.
HIF Global will invest $4 billion
in the facility, making it the most significant investment in
Uruguay's history. Construction of
the plant is planned for 2025 and is expected to create
approximately 1,500 jobs during construction with an additional 300
permanent operational positions.
Alberto Giovanzana, Managing
Director – CT Licensing at Johnson Matthey, said: "The
market for sustainable methanol fuels is growing rapidly and
presents an important solution to decarbonise the shipping, road
transport, and other industries. As the world's leading methanol
synthesis technology and catalyst supplier, JM has a great wealth
of experience working in the methanol industry. We look forward to
continuing our partnership with HIF to provide our e-methanol
technology for this exciting project."
Victor Turpaud, CEO HIF Latam, said: "eFuels are a
replacement for fossil fuels and are a necessary solution for
decarbonising global transport. We have already demonstrated the
capability to produce eFuels with green hydrogen and recycled CO2,
using Johnson Matthey's technology at our Haru Oni eFuels facility
in southern Chile. Expanding our
collaboration with Johnson Matthey represents the importance of
long-term relationships to HIF and to achieve our common
goals".
About Johnson Matthey
Johnson Matthey is a global leader in sustainable technologies.
For over 200 years we've used advanced metals chemistry to tackle
the world's biggest challenges.
Many of the world's leading energy, chemicals and automotive
companies depend on our technology and expertise to decarbonise,
reduce harmful emissions, and improve their sustainability.
And now, as the world faces the challenges of climate change,
energy supply and resource scarcity, we're actively providing
solutions for our customers. Through inspiring science and
continued innovation, we're catalysing the net zero transition
for millions of people every day. For more information visit
www.matthey.com.
About HIF Global
HIF Global is the world's leading eFuels company, developing
projects to convert hydrogen, produced with low-cost renewable
power, into carbon neutral liquid eFuels that can be transported
and utilized in existing infrastructure. The name HIF represents
the mission of the company: to provide Highly Innovative Fuels to
accelerate decarbonisation. HIF Latam, HIF USA, HIF Asia Pacific, and HIF EMEA are wholly
owned subsidiaries of HIF Global. HIF intends to produce 150,000
barrels per day of eFuels from global facilities by 2035. HIF
Global is already producing eFuels in its Haru Oni eFuels Facility
in Magallanes, Chile, and expects
to begin construction of the commercial scale HIF Matagorda eFuels
Facility in Texas in 2024. HIF
Global's first Australian development, in Tasmania, was announced in July 2022. The company's first Uruguayan project,
at Paysandú, was unveiled in June
2023. For more information, visit www.hifglobal.com.
[1] Methanol technology Life Cycle Assessment |
Johnson Matthey
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