Procurement Resource Logo
    • Complexity Reduction Tool
    • Digital Should Cost Model
    • Procure 360
    • Sourcing Compass
    • Spend Analytics
    • Sustainability Tracker
    • Pricing Dashboard
  • Industries
    • Agriculture & Farming Commodities
    • Chemicals
    • Energy, Metals and Minerals
    • Flavours and Fragrances
    • Food and Beverages
    • Healthcare
    • Machinery, Electronics and Durables
    • Operating Costs, Logistics and Utilities
    • Packaging
  • Services
    • Category Compass
    • Commodity Compass
    • Supplier Compass
    • Data Analytics & Automation
    • Digital Solutions
    • Blogs
    • News & Articles
    • Newsletter
    • Manufacturing Plant Project Report3000+
    • Production Cost Report2000+
    • Price Trends1000+
Social Media Icon of linkedinCall Support IconSearch Icon
Login

Newsletter

Get Latest News About Procurement Resource Subscribe for News

Industries

  • Agriculture & Farming Commodities
  • Chemicals
  • Energy, Metals and Minerals
  • Flavours and Fragrances
  • View All

Services

  • Category Compass
  • Commodity Compass
  • Supplier Compass
  • Data Analytics & Automation
  • Digital Solutions
  • View All

Useful Links

  • Testimonial
  • Press Releases
  • About Us
  • Careers
  • Who We Are
  • Term Of Use
  • Contact Us

Solutions

  • How We Work
  • Tail Spend Management
  • Full Time Engagement
  • Custom Research
  • Subscriptions
  • Resource Center
  • Return/Refund Policy
Copyright © 2026 Procurement Resource. All rights reserved.
  • Social Media icon Twitter i.e X
  • Social Media icon instagram i.e insta
  • Social Media icon linkedin i.e in
  • Social Media icon facebook i.e fb

News and Articles

  1. Home/
  2. News and Articles/
  3. Sumitomo Chemicals Launches the new Methanol

Sumitomo Chemicals Launches the new Methanol Production Plant Promoting Green Energy Solutions

Blog Detail Image
Jan 9, 2024
˜ Veronica Khanna

The Japanese chemical company Sumitomo Chemicals has recently launched its CO2-to-methanol production plant at Niihama City, Ehime Prefecture, Japan. The company has developed a sustainable and efficient method to prepare methanol from carbon dioxide. With the new methodology used for methanol production, the company is on track to showcase carbon capture and utilization (CCU) while providing sustainable energy solutions.

Request Access To The Latest Price Trends of Methanol

The new plant, facilitated by NEDO’s Green Innovation (GI) and developed under Sumitomo Chemicals, is majorly directed towards the generation of methanol. The company is focused on serving the energy development sectors, reducing global warming by utilizing the emitted carbon and using it to manufacture useful products. Sumitomo Chemicals is dedicated to developing and amplifying various advanced CCU methods. The production process of methanol using CO2 is one of the many.

The new CCU technology uses an internal condensation reactor (ICR) that enables the condensation and separation of methanol and water inside the reactor. The addition of ICR reduced the conventional challenges that were faced by methanol production. It is expected to improve the yield, downsize the equipment used, and attain higher energy efficiency while preventing catalyst degradation throughout the process. The process is anticipated to serve as a game-changing solution promoting the reduction of global warming by recovering CO2 and producing energy.

Read More About Methanol Production Cost Reports - Get a Free Sample Copy in PDF

According to Procurement Resource, Sumitomo Chemicals, a Japanese chemical major, has recently begun the production of methanol using carbon dioxide. The new plant is another step taken by the company to promote CCU methodologies that help decrease carbon emissions and amplify green energy production.

Recent News & Articles

Class III Milk Forecast Lifted to $17.00/cwt on Cheese and Whey Strength
Class III Milk Forecast Lifted to $17.00/cwt on Cheese and Whey Strength
Cheese Procurement Outlook: Spot Prices Ease, Annual Forecasts Rise
Cheese Procurement Outlook: Spot Prices Ease, Annual Forecasts Rise
Coconut Oil Procurement Outlook Improves as Export Supply Grows
Coconut Oil Procurement Outlook Improves as Export Supply Grows
Rapeseed Oil Supply Outlook Improves as Canada Stocks Rise
Rapeseed Oil Supply Outlook Improves as Canada Stocks Rise
Sunflower Oil Supply Rebuild Coming as Ukraine Output Jumps 19 Percent
Sunflower Oil Supply Rebuild Coming as Ukraine Output Jumps 19 Percent

Tags

#Commodity Prices
#Commodity Prices
#Commodities
#Commodities
#Industrial News
#Industrial News
#Gold
#Gold
#Chemicals
#Chemicals
#Outlook for Potassium Carbonate
#Outlook for Potassium Carbonate
#US Steel Scrap Prices
#US Steel Scrap Prices
#USDA Milk Forecast
#USDA Milk Forecast
#Cheese Prices
#Cheese Prices
#Agriculture Raised
#Agriculture Raised
  • Access independent price trends and market intelligence for thousands of raw materials.
  • Request customised production cost and prefeasibility reports for specific plants or locations.
  • Explore subscription dashboards for continuous tracking of prices, indices, and news.
  • Commission bespoke research on categories, suppliers, or trade flows tailored to your brief.

Our Team will be happy to assist you

We are Just a Text away

Read other news in this category

Middle East Conflict Pushes Ethylene Prices Higher, Adding Cost Pressure to PVA Supply Chain
Middle East Conflict Pushes Ethylene Prices Higher, Adding Cost Pressure to PVA Supply Chain
European Chemical Industry Crisis Deepens With Energy Costs Three Times Higher Than US Levels
European Chemical Industry Crisis Deepens With Energy Costs Three Times Higher Than US Levels
Glass Sector Recovery Supports Firm Demand Outlook for Potassium Carbonate Through 2026
Glass Sector Recovery Supports Firm Demand Outlook for Potassium Carbonate Through 2026
PVD Salt Market Tightens as Tata Chemicals Mithapur Facility Runs at 92% Utilisation
PVD Salt Market Tightens as Tata Chemicals Mithapur Facility Runs at 92% Utilisation
Asian Cracker Run Cuts Tighten Ethylene Supply For Polymer Buyers
Asian Cracker Run Cuts Tighten Ethylene Supply For Polymer Buyers