The Port of Antwerp, the second largest port in Europe, has launched a collaborative initiative to explore the viability of sustainable methanol production as part of its carbon-neutral transformation.
According to a statement, the project will bring together Engie, an industry leader in carbon-free energy, Oiltanking, specialists in tank storage and host of other leading companies in the sustainable industry space.
In total, the port hopes to increase its annual production of sustainable methanol, an important raw material, from 4,000 tonnes to 8,000 tonnes and has said it believes innovation will be key to its success.
A recent Port Technology technical paper explores how greater collaboration can benefit the entire maritime industry
Methanol is an important material because of its versatility in the chemical industry. It is the starting point of daily chemical processes and is essential for the day-to-day operation of the port.
Currently, the port uses approximately 300,000 tonnes annually for chemical and fuel production, which includes everything from insulation panels to fuel additives.
In a statement, Port of Antwerp CEO Jacques Vanermeiren said: “With this innovative project we aim to smooth the path for alternative energy sources in the port of Antwerp.
“I am proud that we are able to sign this collaboration agreement today with five crucial partners from among others the electricity, fuel and chemical industries.
“Our role as Port Authority is to bring people from different sectors together, in order to face the challenges of tomorrow. Today marks yet another step in the right direction.”