Mitsubishi Gas Chemical Company and Cement Australia partner to trial methanol production from green hydrogen at Gladstone plant
Gladstone will boost its reputation as a prime spot for emerging renewable energy technology as it hosts a trial of methanol production from green hydrogen. Full details.
Gladstone
Don't miss out on the headlines from Gladstone. Followed categories will be added to My News.
Gladstone will play a crucial role in accelerating the commercialisation of green methanol following an important partnership to trial emerging technology.
Mitsubishi Gas Chemical Company and Cement Australia have signed a Memorandum of Understanding to support the advancement of methanol production, using green hydrogen.
MGC will implement its newly-developed Circular Carbon Methanol production technology to capture carbon dioxide from CA’s Gladstone plant, at Fisherman’s Landing.
Hydrogen and oxygen feedstocks will also be sourced locally.
Phase one of the commercial operation is expected to start in mid-2028 with a production capacity of up to 100,000 tonnes of green methanol per annum.
The Gladstone plant would be MGC’s first major investment in Australia.
Queensland Treasurer, Cameron Dick said the MoU was an important step on the journey towards the commercial production of green methanol.
“This joint feasibility study into the $150 million first-stage green methanol plant underlines the strong investment climate created by our Government’s $62b Queensland Jobs and Energy Plan,” Mr Dick said.
“First mover advantage would position Queensland as a leading producer of green methanol for export to Asia and beyond.
“The potential of green methanol shows the breadth of derivative industries where Gladstone’s emerging green hydrogen industry can lead.”
The Treasurer met with MGC president Mr Masashi Fujii, during his trade mission to Japan.