Enerkem secures offtake agreement with Methanex Corporation, the world’s largest supplier of methanol
Enerkem Inc., a waste-to-biofuels and chemicals company, has entered into an offtake agreement with Methanex Corporation for the sale of methanol to be produced at Enerkem’s facility in Edmonton, Alberta, Canada.
Methanol is a versatile chemical building block used in countless industrial and everyday consumer products. Enerkem Alberta Biofuels LP, Enerkem’s subsidiary in Edmonton, is expected to initially produce and sell methanol. The plant will subsequently produce cellulosic ethanol from methanol. Commercial production plant capacity is expected to be 10 million gallons (36 million litres) per year.
The access to Methanex Corporation’s worldwide distribution network coupled with our ability to produce methanol from non-recyclable waste represents a timely opportunity for Enerkem in the development of its commercial activities. Our proprietary technology platform allows for the production of renewable fuels and chemicals, including methanol, which we can sell as an end-product or convert into cellulosic ethanol.—Vincent Chornet, President and CEO of Enerkem