Proposed Florida bio-methanol project targets shipping demand
US-based startup Demeter Energy plans to build a 100,000 mt/year bio-methanol production plant at the Port of Manatee (SeaPort Manatee) in Florida. SeaPort Manatee is a deepwater port at the entrance to Tampa Bay on the eastern Gulf of Mexico, with access to trade routes through the Panama Canal. The planned facility is expected to ...
Demeter Energy, a US-based startup, has announced plans to construct a 100,000 metric ton per year bio-methanol production plant at the Port of Manatee in Florida. The port, located at the entrance to Tampa Bay on the eastern Gulf of Mexico, offers deepwater access and proximity to trade routes through the Panama Canal. The facility is designed to generate up to 100,000 metric tons of bio-methanol annually from woody biomass and other organic waste, with a focus on meeting the demand from the shipping industry and other sectors.
Additionally, the plant will incorporate a carbon capture and storage (CCS) system to capture approximately 200,000 metric tons of CO2 per year, produced during the bio-methanol manufacturing process. SeaPort Manatee will provide the necessary infrastructure, logistics, and market access required for the successful development of this project, according to Tom Walklett, the CEO of Demeter Energy.
The company has not provided a specific timeline for the project's development and production stages. Demeter Energy aims to expand its operations by building modular bio-methanol plants across the United States, with each plant's production capacity expected to fall within the 100,000-250,000 metric ton per year range.
Written by urgent.news from Hellenic Shipping News's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
