Johnson Matthey and NextChem will cooperate in commercially developing waste-to-methanol technology. The technology will be used to convert non-recyclable municipal and industrial waste into valuable syngas used to produce methanol. This waste mostly consists of plastic and dry waste, which is typically disposed of in a landfill or incinerated. The new technology will turn them into hydrogen and carbon oxides which can be used to produce more sustainable, high-value chemical products.
The methanol produced from this process can be used as an intermediate for low-carbon additives in the blending of gasoline and diesel, replacing the fossil-based component. It can also be used as a raw material for the construction, chemical, and plastic industries.
Under the deal, Johnson Matthey will provide its syngas-to-methanol technology, while NextChem’s subsidiary MyRechemical will integrate Johnson Matthey’s syngas-to-methanol technology into the waste-to-chemical process to commercialize it worldwide.