C1 commercializes a proprietary homogeneous methanol catalysis, disrupting the 100-year-old methanol production process still in use today. The C1 technology cuts the pressure and temperature needed in half, produces substantially less unwanted byproducts and is far more selective. It can be operated more flexibly and scales better.
The goal of C1 is to lower the green premium of non-fossil (“green”) methanol and thus help reduce the world’s dependency on oil, gas and coal. Green methanol will play a pivotal role to defossilize two hard-to-abate industries: container shipping (as a carbon-neutral fuel) and chemical production (as a non-fossil carbon source for chemical products).
The CO2 reduction potential of establishing circular carbon economies in these industries via green methanol is several percentage points of total global CO2 emissions.