The energy company St1 is planning the first synthetic methanol plant in Finland next to the Finnsementti factory at the Ihalainen industrial site in Lappeenranta. The Ministry of Economic Affairs and Employment has granted a funding of EUR 35.4 million to St1’s Power-to-Methanol Lappeenranta project, which aims to produce renewable synthetic methanol to replace fossil fuels used in maritime and road transport. St1’s goal in the commercial-scale pilot project is to develop a replicable and scalable synthetic methanol production concept.
Poroject Lead: St1 Nordic Oy
Region: Europe
Country: Finland
City/Town: Lappeenranta
Timeline Start - End: 2022-10-04 -
Project Status: Ongoing
Project Budget: 35400000.0 €
Funding source: NextGeneration EU
Activities:
- CCU (Power-to-X)
CO2 Source: Lime industry
CCU Tecnology Category: Capture (Point sources) and Utilization
Info On Utilization:
- Catalytic conversion
Facility stage: Planning
End TRL: 8
CO2 capture/Utilization:
Production Volume: 25000 t/a by 2026
Product Categories:
- Fuels
Specific Product(s): Methanol
- LUT University
- St1 Nordic Oy