Mitsubishi Gas Chemical Company, Inc. (MGC), a Japanese methanol manufacturer and supplier for chemical and energy sectors including Methanol-to-Hydrogen applications, Methanol Reformer S.L., a Spanish leader in Methanol-to-Hydrogen generator manufacturing, and Element 1 Corp., a leading developer of advanced hydrogen generation technology, are pleased to announce the signing of Memorandum of Understanding (MOU) to collaborate on the development and commercialization of hydrogen solutions by innovative methanol reforming technology.
Mitsubishi Gas Chemical (MGC), Methanol Reformer SL, and Element 1 Corp have signed an MOU to develop and commercialise Methanol-to-Hydrogen generators. MGC will supply methanol, Methanol Reformer SL will handle manufacturing, and Element 1 will provide technology. The collaboration aims to enhance hydrogen availability and reduce emissions using circular carbon methanol.
Under the terms of the MOU, the three companies will leverage their respective expertise to accelerate the design, manufacture, and sales of Methanol-to-Hydrogen generators, which have been designed under the concept of modular and mass-producible units.
Key Expertise by respective company:
- MGC will contribute as a supplier of methanol feedstock, including circular carbon methanol, by utilization of its presence in the global methanol value chain.
- Methanol Reformer S.L. will contribute manufacturing capabilities of Methanol-to-Hydrogen generators under license from Element 1.
- Element 1 Corp. will contribute its methanol steam reforming and hydrogen purification intellectual property and designs.
Through this strategic collaboration, the three companies will accelerate the hydrogen solutions through adoption of Methanol-to-Hydrogen generators to bridge gaps where hydrogen is not abundantly or cost-effectively available. Utilization of circular carbon methanol will offer reduction of greenhouse gas emissions that supports global environmental and sustainability goals.
Quotes:
- Mr. Masahiko Naito, Division Director, C1 Chemicals Division of Mitsubishi Gas Chemical Company, Inc., stated, “Methanol is one of the critical substances toward materialization of the carbon-neutralized economy which requires recycling carbon and also methanol is a realistic hydrogen carrier. It is our great pleasure to contribute our methanol business value chain to the joint initiative to realize the sustainable society with Methanol Reformer S.L. and Element 1 Corp.”
- Mr. Javier Torres, Managing Director of Methanol Reformer stated, "We are excited to strengthen our collaboration with Element 1 Corp. and partner with MGC to develop advanced hydrogen generation technologies. These solutions are designed to address current energy challenges and contribute to the decarbonization of key sectors in our society."
- Dr. Dave Edlund, CEO of Element 1 Corp., stated, "We are excited to partner with MGC and Methanol Reformer S.L. to advance hydrogen generation technology and contribute to a sustainable energy future."
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Fibre2Fashion News Desk (HU)
