ContractCatalyst Supply Agreement • March 25th, 2022
Contract Type FiledMarch 25th, 2022CARBON RECYLING INTERNATIONAL AND JOHNSON MATTHEY AGREE A LONG TERM CATALYST SUPPLY AGREEMENT CRI & JM have agreed a long-term catalyst supply agreement for the use of JM’s KATALCO methanol catalyst in CRI’s Emissions-To-Liquids (“ETL”) designed CO2 to MeOH plants. This will support the development of sustainable Methanol from both CO2 recovered from existing industrial processes and CO2 from biomass or atmospheric sources. CRI´s ETL (Emissions To Liquids) technology has a long history of development beginning in 2006 with CRI´s vision to directly hydrogenate CO2 for the production of methanol. CRI began pilot-scale testing and in collaboration with JM and Jacobs (now Worley), the first phase of the George Olah plant was designed and built in 2011 under license from JM, using JM catalyst focused on CO2 utilization. CRI continued to develop its ETL technology, expanding and redesigning the George Olah plant, based on experience from the George Olah plant and R&D projects, ensuring