4 domestic green methanol projects have obtained ISCC certification

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1. LONGi Green Energy Xuchang Bio-Methanol Project: In September 2023, the LONGi Green Energy Xuchang Bio-Methanol Project was launched. This project obtained China’s first certification for international sustainable carbon at the raw material stage of green methanol, sourced from farms/plantations. After various complications, in April 2024, ISCC officially suspended Longi Green Energy’s certification status. By July 2024, following an appeal, LONGi Green Energy may have regained its ISCC certification. This project utilizes biomass gasification technology to produce methanol, using straw and pruned branches from fruit trees as raw materials, with an expected annual output of 120,000 tons of green methanol. With a total investment of 2 billion yuan, the project commenced construction in April 2024, and a long-term procurement agreement was reached with Maersk in October; the first batch of green methanol is expected to be delivered in 2026. 2. Yunda Shares’ Handan Green Methanol Project: On September 20, 2024, the Yunda Shares’ Handan Green Methanol Project received China’s first ISCC certificate for international sustainability and carbon certification related to green methanol raw materials, with the farm/plantation as the origin point. In November 2024, the project received a life-cycle carbon reduction certification based on the ISCC system. This project utilizes biomass gasification for methanol production, as well as a technology that combines green hydrogen with biomass to produce methanol. One of the phases of this project utilizes biomass straw gasification technology to produce methanol, with an annual production capacity of 200,000 tons and a total investment of 8 billion yuan ； Phase 2 involves using wind power to electrolyze water for hydrogen production and catalytic synthesis of methanol, with a total investment of 3.5 billion yuan. The project is currently in the planning stage, with construction set to begin in January 2024. 3. On October 15, 2024, the biomass natural gas-to-green methanol project of Daqing Refining and Chemical Company successfully passed the International Sustainable Development and Carbon Certification (ISCC), earning China’s first ISCC certificate for fermentation processes. Using natural gas produced from organic waste such as crop straws as raw material, this project combines ecological environment protection, the development of circular agriculture, and the supply of clean energy by leveraging Daqing Refining & Chemical’s existing natural gas-to-methanol production facilities sowie its mature safety production technologies and operational management systems, in order to produce green methanol. 4. China Gas’ 100,000-ton green methanol project: China Gas is currently the only company in the Chinese mainland that produces green methanol on a commercial scale and has obtained EU ISCC certification; its products meet Europe’s requirements for sustainable biofuels and chemical products. The company’s methanol production facility is located in Ordos City, Inner Mongolia, where biomass and urban waste are converted into green methanol using patented/unique technologies. Currently, 100,000 tons of green methanol are produced each year, which can be supplied for use in the shipping industry and industrial production. 5. On December 5, 2024, the international certification body ISCC issued an ISCC EU certification for green methanol storage to Yingkou Port. It is reported that Yingkou Port currently has storage tanks with a capacity of up to 225,000 cubic meters available for the storage of green methanol. These tanks range in size from 2,500 cubic meters to 10,000 cubic meters, and they can provide port storage services for green methanol to dozens of manufacturers or distributors, thereby meeting the different needs of clients of various scales.