The port of Antwerp has established a consortium dedicated to the sustainable production of methanol, an essential raw material used by industry in the port.
The port of Antwerp has established a consortium dedicated
to the sustainable production of methanol, an essential raw material used by
industry in the port.
The consortium includes ENGIE, Fluxys, Indaver, INOVYN,
Oiltanking and the Vlaamse Milieuholding (VMH). Construction of a demonstration
factory on the INOVYN site on Scheldelaan is set to begin by 2022. The factory
will produce 8,000 tons of sustainable methanol annually.
The port houses the largest European integrated energy and
chemical cluster, but methanol is currently produced from fossil raw materials.
The 'power-to-methanol' project will be a first for Belgium. The aim is to
produce sustainable methanol by reusing captured CO2 in combination with
sustainably produced hydrogen.
Each partner has its own role in the project. For example,
ENGIE has knowledge of the electricity market, Oiltanking provides advice on
the logistical aspects of methanol production and storage, and Indaver provides
expertise on the capture of CO2. Fluxys brings infrastructure experience and
expertise on the certification of green gases. The Flemish Environmental
Holding will be involved in financing, while Port of Antwerp bridges the gap
between private companies and the government. INOVYN, a subsidiary of INEOS, is
providing the site and offers expertise in electrolysers and operation of
The plant is expected to be operational by the end of 2022.