Investor Presentation October 2023
21
Reducing emissions and exploring paths to lower-carbon methanol
Providing solutions for the emerging low-carbon market supports our strategy of global methanol leadership
Efficiency Projects
We implemented four projects
in 2022 that we anticipate will
result in 30,000 tonnes CO2
avoided per year (absolute
reductions).
Estimated combined CO2
avoided from approved
efficiency projects is 100,000
tonnes/year by 2024.
~100,000
tonnes/year (absolute
CO₂ avoided)
Reduced-intensity
Expansion Projects
The G3 plant in Geismar,
Louisiana, is in the process of
starting up and will have one
of the lowest emission
intensity profiles in the
industry.
<0.40
tonnes of CO₂/tonne of
methanol (estimated G3
intensity) which will lower our
average emissions intensity
Carbon Capture
Feasibility Study
Progressing a feasibility
study for carbon capture
and storage (CCS) at
the Geismar site.
UP TO
$1M
for economic
feasibility study
Renewable Natural
Gas
Using renewable natural gas
or biomass in a conventional
methanol process results in a
form of green methanol
called bio-methanol.
Certified by the ISCC to
produce bio-methanol
in Geismar
Green Hydrogen
Feasibility Study
We are conducting a feasibility
study of the potential to gradually
convert an existing asset to
produce lower carbon intensity
methanol using green hydrogen.
UP TO
$1M
for Green
Hydrogen feasibility
study in 2023
Methanex | The Global Methanol Leader | Investor Presentation October 2023
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