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Sinochem News Network News on September 27, Shenghong Group's Serbon Petrochemical and Iceland Carbon Recycling International Corporation signed a contract in Beijing for the carbon dioxide-to-green methanol project
The project is designed to recover 150,000 tons of carbon dioxide per year, which is equivalent to the annual carbon dioxide emissions of 15 large petrochemical plants
Compared with traditional tree planting and afforestation to absorb greenhouse gas carbon dioxide, the project "simulated photosynthesis" has a stronger and more effective carbon dioxide absorption capacity.
As the main body of project implementation, Serbon Petrochemical, a subsidiary of Shenghong Group, operates the world’s largest single set of 2.
After the project is completed and put into use, the newly added green methanol will be converted into intermediate raw materials such as ethylene through the MTO (methanol-to-olefin) process, and transported to downstream devices to produce photovoltaic-grade EVA and other new energy materials, creating the world's first "CO2 capture and utilization" -Green Methanol-New Energy Materials" low-carbon recycling green industrial chain
