Mitsubishi Gas Chemical, Methanol Reformer, Element 1 tie-up on methanol reforming
Japanese methanol manufacturer Mitsubishi Gas Chemical Company (MGC), Spanish generator manufacturer Methanol Reformer, and developer of hydrogen generation technology Element 1 Corp have entered into a MOU to collaborate on the development and commercialisation of hydrogen solutions by methanol reforming technology.
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.
MGC will contribute as a supplier of methanol feedstock, including circular carbon methanol, by utilisation of its presence in the global methanol value chain.
Methanol Reformer will contribute manufacturing capabilities of methanol-to-hydrogen generators under license from Element 1, while the latter 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.
Utilisation of circular carbon methanol will offer reduction of greenhouse gas emissions that supports global environmental and sustainability goals.