Dutch bio-methanol plant targeting bunker market eyes 2027 investment decision
Renewable fuels producer Perpetual Next’s planned 220,000 mt/year bio-methanol plant in Delfzijl could start production by the end of the decade, with bunkering as a key target sector. Perpetual Next expects to take a final investment decision on its DeltaNor bio-methanol plant by the end of 2027, a company spokesperson told ENGINE. Permits are among ...
Dutch bio-methanol producer Perpetual Next is targeting the bunkering market for its planned DeltaNor plant in Delfzijl, with the facility expected to begin production by the end of the decade. Perpetual Next believes a final investment decision on the 220,000 metric ton per year plant will be made by the end of 2027, pending permits and other factors.
The spokesperson for the company said that bunkering and shipping are major markets for bio-methanol and a significant portion of the plant's future production would go to those sectors. Perpetual Next recently announced a memorandum of understanding with renewable hydrogen producer Lhyfe to explore supplying up to 12,000 metric tons per year of renewable hydrogen to the plant.
The hydrogen would be produced at Lhyfe's 120 MW renewable hydrogen project located in the same Delfzijl industrial area. Adding hydrogen to the methanol produced by the plant could increase the plant's efficiency and output. A storage deal for the plant is being negotiated between Perpetual Next and logistics firm JPB Logistics, while engineering firm Bilfinger has been hired by Perpetual Next to help bring the project to an investment decision.
Perpetual Next is developing five bio-methanol plants, including three in the US and one in Estonia.
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