Products and Services
CRI develops innovative technology, engineers, builds and operates Emission-to-Liquids methanol production plants and offers comprehensive client services including licensing, construction and operation. CRI also produces renewable methanol under the registered brand name Vulcanol (TM) on a commercial scale at its production facility in Grindavik, Iceland. We are working with our partners and clients to develop larger scale production facilities in Iceland and other countries.
Vulcanol (TM) is CRI's brand name for renewable methanol, produced from carbon dioxide and hydrogen from renewable sources of electricity (hydro, geothermal, wind and solar). In our first commercial scale production plant we obtain carbon dioxide by processing of gas emissions from a geothermal power plant and obtain hydrogen by electrolysis of water using renewable sources of energy from the Icelandic power grid (from hydro, geothermal and wind sources). This is the world's first production of a liquid renewable transport fuel from non-biological sources of energy. Currently we have a 4000 metric ton/year production capacity.
Chemically, Vulcanol (TM) is fuel grade methanol, a clean burning, high octane fuel that can be blended with gasoline for automobiles and used in the production of biodiesel or fuel ethers (DME, MTBE, OME etc.). Renewable methanol is also a low-carbon feedstock for production of synthetic materials.
Among uses for Vulcanol (TM) is gasoline blending, biodiesel production and production of synthetic materials. Among our clients are companies in Iceland, Sweden, the Netherlands and China.
Vulcanol from our current production plant reduces carbon emissions by more than 90% compared to fossil fuels, in the complete product life-cycle, from extraction, production to end use. The process is certified by SGS Germany according to the ISCC Plus system, based on standard ISCC EU methodology for calculation of GHG emission in the product life-cycle.
Biofuels, such as ethanol and biodiesel, are produced using fossil fuel inputs and scarce agricultural resources. The production of Vulcanol requires no arable land, produces no direct emissions of greenhouse gas in the production process and uses energy from renewable sources with known cost and minimal environmental impact.
CRI has unique experience in designing, building, commissioning and operating a Power-to-Gas and Power-to-Liquids processing plant at industrial scale, recycling thousands of tons of CO2 per year and producing thousands of tons of renewable fuel from hydrogenation of CO2. Based on our experience with an industrial scale reference site and our ability, we offer technical solutions to industrial clients and investors, including technology licenses and services to engineer, build and operate renewable methanol plants.
Together with clients we identify opportunities, we perform preliminary or detailed feasibility studies, engineer, build, commission and operate methanol production plants based on our Emission-to-Liquids platform.
CRI will provide required equipment, including electrolyzers, compressors, CO2 purification systems, reactors, distillation columns and storage tanks. The majority of the equipment will be delivered as pre-commissioned and prefabricated skids with piping and connections. CRI has partnered with world class companies with technologies and manufacturing capabilities in the power and chemical industries who will provide complementary technical and equipment services.
CRI offers a standard Emission-to-Liquids plant design with nominal 40,000 ton/yr methanol production capacity. The standard design can also be adapted to larger or smaller scale, depending on client requirements.
The Emission-to-Liquids methanol plant is designed to utilize existing sources of clean CO2 or to process CO2 from an emission source. The plant is also designed to produce its own hydrogen feedstock from electrolysis or to utilize by-product hydrogen from another industrial process. The process flexibly operates with more conventional sources of syngas, i.e. hydrogen, CO2 and CO. Our plants are thus designed for flexible operation in order to take advantage of variable supply of energy and feedstock.