Copenhagen, Denmark – To boost the global production capacity of green methanol, A.P. Moller – Maersk (Maersk) enters strategic partnerships with six leading companies with the intent of sourcing at least 730,000 tonnes/year by end of 2025 (see breakdown table below).
The six companies are CIMC ENRIC, European Energy, Green Technology Bank, Orsted, Proman, and wasteful.
With this production capacity, by the end of 2025 at the latest, Maersk will reach well beyond the green methanol needed for the first 12 green container vessels currently on order.
To transition towards decarbonisation, we need a significant and timely acceleration in the production of green fuels. Green methanol is the only market-ready and scalable available solution today for shipping. Production must be increased through collaboration across the ecosystem and around the world. That is why these partnerships mark an important milestone to get the transition to green energy underway.
Once fully developed these projects of both bio- and e-methanol will enable Maersk to source green methanol at scale across several regions around the globe (see breakdown table below).
Collaboration and investments in innovative projects are the most important ways to reach a net-zero fuel value chain. Maersk will keep on working with a wide-ranging group of leading companies on these and further projects to accelerate the urgent transition to green energy.
Production Capacity Estimation Table
| Strategic Partners | Type of fuel | Production Capacity in 2024 (end of year) – tonnes/year | Production Capacity in 2025 (end of year) – tonnes/year | Production capacity added after 2025 – tonnes/year | Geography |
|---|---|---|---|---|---|
|
CIMC ENRIC
|
bio-methanol
|
50,000
|
200,000
|
China
|
|
|
European Energy
|
e-methanol
|
2-300,000
|
North & South America
|
||
|
GTB
|
bio-methanol
|
50,000
|
300,000
|
China
|
|
|
Orsted
|
e-methanol
|
300,000
|
North America
|
||
|
Proman
|
bio & e-methanol
|
100,000
|
North America
|
||
|
WasteFuel
|
bio-methano
|
30,000
|
South America
|
||
|
Total
|
130,000
|
6-700,000
|
500,000
|
Maersk´s green methanol sourcing partners
CIMC ENRIC, a subsidiary of CIMC (China)
CIMC is a large, industrial conglomerate that has been a partner of Maersk for more than two decades. Its energy division – CIMC ENRIC – is a world leading manufacturer of key equipment and services provider of engineering and system solutions for the clean energy, chemical and liquid food industries.
CIMC ENRIC will develop bio-methanol projects for Maersk in China. The phase one project will have a capacity to produce 50,000 tonnes/year of green methanol, starting in 2024. The second phase of the project will have a capacity produce of 200,000 tonnes/year with start date to be determined. The feedstock for the bio-methanol will be agricultural residues. Maersk intends to offtake the full volume produced.
CIMC and Maersk have enjoyed close cooperation for the past two decades. We’re glad that the two parties have identified another area of collaboration. As a leading intelligent manufacturer in clean energy industry, CIMC ENRIC has rich experience and advanced technology in place. We are always committed to making energy cleaner, the environment more sustainable and to creating a better life. Our partnership on green methanol endeavor will not only support Maersk’s journey towards its net zero goal, but also will jointly contribute to a greener and more sustainable future for the shipping industry.
