About Us

Carbon Recycling International (CRI) captures carbon dioxide from industrial emissions and converts it to methanol, a liquid fuel. Founded in 2006, CRI is a venture-backed Icelandic-American company with its headquarters in Iceland and an office in La Jolla, California, USA.

Corporate Milestones

  • Formation of company in 2006 in Reykjavik, Iceland

  • Invention of pathway for use of CO2 and renewable power to make fuel

  • Proof of chemical conversion process for CO2 and renewable energy to fuel

  • Build of an industrial plant – the George Olah Plant- for demonstration of economic viability

  • Promotion of renewable methanol in Europe

    • Acquisition of operation and safety experience at the GO plant to build commercial scale plants

    • Partnership to deploy technology applications in the power generation and fuel distribution value chain

    • Commercialization through solutions for flue-gas recovery, energy storage, and renewable methanol blending

    • Revenues from sales of technology services and renewable methanol in EU