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Monday, April 29, 2024

PTT plc eyes green methanol production

PTT Plc, a major national oil and gas conglomerate, is contemplating the construction of a green methanol production facility. The project, costing an estimated 3.1 billion baht, aligns with PTT’s initiative to curtail carbon dioxide emissions and manufacture methanol-derived fuels.

Traditionally, methanol production relies heavily on fossil fuels. However, PTT’s proposed method utilises biomass or carbon capture techniques, paving the way for green methanol production. ThyssenKrupp Uhde, a subsidiary of German industrial engineering and steel conglomerate ThyssenKrupp AG, was commissioned for a feasibility study concerning this venture.

Buranin Rattanasombat, PTT’s New Business and Infrastructure Chief, revealed that the recently concluded front-end engineering design study gives PTT a clear stand on whether to venture into commercial green methanol production.

The study…

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