Methanol Institute’s 2023 milestone report issued

The Methanol Institute (MI) has released the 2023 edition of its yearly publication Methanol Milestones

Press release:  “2022 was an extraordinary year, as the Covid pandemic finally began to recede, and the methanol industry moved to seize the unique opportunity presented by methanol’s rise to prominence as a preferred marine fuel of the future. 

 

One of the highlights thus far at the start of 2023 was an article headline in the Wall Street Journal , which proclaimed, “Methanol Takes Lead in Shipping’s Quest for Green Fuel,” this further supports the lobbying efforts the Methanol Institute has been pursuing for the last 8 years to educate the shipping industry of methanol’s use as a marine fuel.

 

 

Beyond shipping, there have been tens of thousands of methanol taxis sold in China, along with hundreds of trucks, including new hybrid models. Methanol is now fueling cookstoves, industrial boilers, kilns, home heating, gensets, and fuel cell systems. 

 

There has also been a wave of announcements for low-carbon, ultra-low carbon, bio and e-methanol production. Amplifying these developments across MI’s digital platforms has been a central focus for MI. Over the course of the last year, MI has also welcomed over 20 new members to the association, and our total membership now stands at 70 companies and organizations.”

 

The MI’s Methanol Milestones can be downloaded here

 

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