LONDON, Aug 5 (Bernama-GLOBE NEWSWIRE) — Johnson Matthey (JM), the global leader in sustainable technologies with expertise in design and licensing of large-scale methanol plants, is pleased to announce another successful license award. JM has been selected by China’s Ningxia Baofeng Energy Group as licensor for the third methanol synthesis plant at their coal to olefins complex near Yinchuan in Ningxia Province PRC. With a planned capacity of 7200 mtpd, the methanol plant will be the largest single train methanol plant in the world once completed.
Under the agreement Johnson Matthey will be the licensor and supplier of associated engineering, technical review, commissioning assistance, catalyst and equipment supply. The JM methanol plant will take synthesis gas as a feed and utilise JM radial steam raising converters in a patented Series Loop. Together with JM catalysts, to produce stabilized methanol as a product that is used to produce olefins downstream, the plant will provide enhanced energy efficiency along with low OPEX, CAPEX and emissions.