{"id":131549,"date":"2023-09-12T07:29:00","date_gmt":"2023-09-12T05:29:00","guid":{"rendered":"https:\/\/renewable-carbon.eu\/news\/?p=131549"},"modified":"2023-09-07T12:23:55","modified_gmt":"2023-09-07T10:23:55","slug":"start-of-study-on-production-and-sales-of-the-worlds-first-circular-carbon-methanol-made-from-co2-generated-from-glass-production","status":"publish","type":"post","link":"https:\/\/renewable-carbon.eu\/news\/start-of-study-on-production-and-sales-of-the-worlds-first-circular-carbon-methanol-made-from-co2-generated-from-glass-production\/","title":{"rendered":"Start of Study on Production and Sales of the World\u2019s First Circular Carbon Methanol Made from CO2 Generated from Glass Production"},"content":{"rendered":"\n\n\n<p><strong>AGC Inc. (AGC; Headquarters: Tokyo; President: Yoshinori Hirai) and Mitsubishi Gas Chemical Company, Inc. (MGC; Headquarters: Tokyo; President: Masashi Fujii) have agreed to begin the study regarding the production and sale of methanol made from CO<sub>2<\/sub>\u00a0generated from AGC\u2019s architectural glass production, by applying the methanol production technology developed by MGC. This study targets commercialization by around 2030 at AGC\u2018s Kashima Plant, and when achieved, it will be the world\u2019s first<sup>*2<\/sup>\u00a0case of producing and selling \u201cCircular Carbon Methanol (CCM)\u201d<sup>*1<\/sup>\u00a0that effectively utilizes the CO<sub>2<\/sub>\u00a0generated from glass production.<\/strong><\/p>\n\n\n\n<p>In recent years, CCU<sup>*3<\/sup>\u00a0technology, which captures and utilizes CO<sub>2<\/sub>, has been attracting attention as an innovative technology for achieving carbon neutrality by 2050. Methanol also has a wide range of applications as an essential chemicals, and in recent years, its use for conversion to ethylene and propylene has been expanding. As such, it is expected that its utilization will widen the possibility towards carbon neutrality.<\/p>\n\n\n\n<p>The goal of this study is to use CCU technology to convert the CO<sub>2<\/sub>\u00a0generated at Japan\u2019s largest architectural glass manufacturing facility into methanol, which will then be produced and sold. While chemical products that use captured CO<sub>2<\/sub>\u00a0as a raw material can reduce environmental burden, the higher cost associated with CO<sub>2<\/sub>\u00a0capture and conversion compared to conventional manufacturing methods is an issue. To address this, MGC will promote the social value of its \u201cCCM,\u201d which offers low environmental burden, and cultivate customers through its existing sales network. In addition to this study, AGC is also considering replacing methane gas used as a raw material in its own chemical business with CCM, with a view to commercializing chemical products based on carbon recycling.<\/p>\n\n\n\n<p>The AGC Group has set \u201cpromoting sustainability management\u201d as one of the key strategies in its<a href=\"https:\/\/www.agc.com\/company\/strategy\/plan\/index.html\">\u00a0medium-term management plan<strong><em>,\u00a0AGC plus-2023<\/em><\/strong><\/a>, and has set a target of net-zero carbon emissions*<sup>4<\/sup>\u00a0by 2050. AGC\u2019s Architectural Glass and Chemicals businesses will work together to realize the production and sale of methanol utilizing the CO<sub>2<\/sub>generated from glass production, thereby contributing to the attainment of a sustainable society, while aiming for continued growth and evolution.<\/p>\n\n\n\n<p>Based on the MGC Group\u2019s mission of \u201ccreating value to share with society,\u201d MGC has been promoting the \u201cCCM concept Carbopath<sup>TM*5\u00a0<\/sup>\u201d to convert CO<sub>2<\/sub>, waste plastics, biomass, etc. to methanol for use in chemical products, fuels, and power generation, using methanol production technology based on its proprietary catalysts developed over the years. It aims to actively contribute to the reduction of greenhouse gas emissions and the transition to a circular economy through social implementation of the concept.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Notes<\/strong><\/h3>\n\n\n\n<p><sup>*1<\/sup>\u00a0<sub>\u201cCCM:\u201d Defined as methanol made from captured CO2, hydrogen derived from renewable energy sources, or gasified recycled materials, as part of MGC\u2019s CCM concept.<\/sub><br><sup>*2<\/sup>\u00a0<sub>Based on research by AGC.<\/sub><br><sup>*3<\/sup>\u00a0<sub>Carbon dioxide Capture and Utilization<\/sub><br><sup>*4<\/sup>\u00a0<sub>Scope 1 and Scope 2<\/sub><br><sup>*5<\/sup><sub><sup>\u00a0<\/sup>The \u201cCCM concept\u201d has been branded as Carbopath<sup>TM<\/sup>. The name Carbopath<sup>TM<\/sup>\u00a0expresses MGC\u2019s desire to be a pioneer in promoting the CCM concept.<\/sub><\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Reference<\/strong><\/h3>\n\n\n\n<p>Content of this study and future studies<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/renewable-carbon.eu\/news\/media\/2023\/09\/image-1024x337.png\" alt=\"\" class=\"wp-image-131573\" style=\"width:842px;height:277px\" width=\"842\" height=\"277\" srcset=\"https:\/\/renewable-carbon.eu\/news\/media\/2023\/09\/image-1024x337.png 1024w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/09\/image-300x99.png 300w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/09\/image-150x49.png 150w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/09\/image-768x253.png 768w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/09\/image-400x132.png 400w, https:\/\/renewable-carbon.eu\/news\/media\/2023\/09\/image.png 1037w\" sizes=\"auto, (max-width: 842px) 100vw, 842px\" \/><\/figure><\/div>","protected":false},"excerpt":{"rendered":"<p>AGC Inc. (AGC; Headquarters: Tokyo; President: Yoshinori Hirai) and Mitsubishi Gas Chemical Company, Inc. (MGC; Headquarters: Tokyo; President: Masashi Fujii) have agreed to begin the study regarding the production and sale of methanol made from CO2\u00a0generated from AGC\u2019s architectural glass production, by applying the methanol production technology developed by MGC. This study targets commercialization by [&#8230;]<\/p>\n","protected":false},"author":59,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"none","nova_meta_subtitle":"MGC has been promoting the \u201cCCM concept CarbopathTM*5\u00a0\u201d to convert CO2, waste plastics, biomass, etc. to methanol for use in chemical products, fuels, and power generation","footnotes":""},"categories":[5571],"tags":[10744,14120,10416,13718,10453,10743],"supplier":[22691,2137],"class_list":["post-131549","post","type-post","status-publish","format-standard","hentry","category-co2-based","tag-carboncapture","tag-catalysis","tag-circulareconomy","tag-methanol","tag-recycling","tag-useco2","supplier-agc-inc","supplier-mitsubishi-gas-chemical-mgc"],"_links":{"self":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/131549","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/users\/59"}],"replies":[{"embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/comments?post=131549"}],"version-history":[{"count":0,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/posts\/131549\/revisions"}],"wp:attachment":[{"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/media?parent=131549"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/categories?post=131549"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/tags?post=131549"},{"taxonomy":"supplier","embeddable":true,"href":"https:\/\/renewable-carbon.eu\/news\/wp-json\/wp\/v2\/supplier?post=131549"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}