As part of its Fairway Methanol joint venture with Mitsui & Co., Ltd., Celanese Corporation (NYSE: CE), a global specialty materials and chemical company, this week announced that the International Sustainability and Carbon Certification (ISCC) has certified its Low Carbon CCU (carbon capture and utilization) Methanol under the ISCC Carbon Footprint Certification (CFC) system.
The newly certified Low Carbon CCU Methanol demonstrates a greater than 70% reduction in carbon footprint relative to a global average benchmark for fossil-based methanol production, as included in EU legislation, the company said in a news release.
Celanese began operating one of the largest active CCU facilities in the world at its Clear Lake, Texas, site in January 2024. By leveraging CCU, Celanese now offers customers low-carbon options across its Acetyl Chain and Engineered Materials products under the ECO-CC name. CCU takes CO2 industrial emissions that would otherwise be emitted into the atmosphere and applies reduced-carbon-intensity hydrogen to chemically convert the captured CO2 into a methanol building block used for downstream production.