M2X Energy, the North Carolina-based methane solutions company, has produced its first methanol from a pilot modular gas-to-methanol plant, according to a news release.
The company is currently performing test runs to qualify the system for its first field deployment.
“We are currently the only company to offer a scalable on-site solution for oil and gas operators that captures waste flare methane and turns it into a clean and valuable industrial product,” M2X Energy CEO Max Pieri said in the release. “We look forward to deploying our first system in the field very soon.”
The system was built and tested in partnership with ECR Engines, a combustion engine research, development, and production company. The unit was operated at the Richard Childress Racing campus in Welcome, N.C., a motorsports organization with a history in NASCAR racing.
M2X Energy is partnered with SCS Global Services to assess the production of its carbon-negative methanol.
“Once produced at scale, M2X Energy’s carbon-negative methanol will be cost competitive with traditional methanol and will be used as a low carbon fuel, in the creation of synthetic fibers and chemicals, and as a hydrogen carrier,” the release states. “After the first field demonstration of this commercial-scale system, M2X Energy will prepare for the deployment of additional units. The company is currently advancing manufacturing capabilities, expanding its engineering and commercial teams, and scaling operations to meet the fast-growing customer demand.”
