Proman to manufacture biofuels with Origin Materials
10 August 2023 14:02
Proman from Wollerau in the canton of Schwyz and the Californian company Origin Materials have signed an agreement to research the production and global sale of low-carbon biofuels. According to a press release, Proman, a leading provider of products based on natural gas and one of the largest methanol producers in the world, will provide its expertise regarding methanol and global dispatch and supply chain capacities for this.
Origin plans to create biobased fuels using its patented technology platform, which converts the carbon contained in sustainable wood scraps into useful products. Origin’s Co-CEO Rich Riley commented: “Over the long-term, we see the potential for biomass-derived, low-carbon-intensity fuels to be used in marine and other transportation fuels, industrial applications, heat and power generation, and more.”
CEO of Proman David Cassidy sees huge potential to reduce emissions across global supply chains using biofuels. He added: “That’s why we are delighted to be partnering with Origin Materials, who shares our commitment to innovation and our belief in methanol’s potential to enable more sustainable manufacturing. By combining Proman’s production expertise and extensive distribution network with Origin’s patented technology platform, we will explore new ways to create the building blocks for reduced environmental impact across our everyday lives.” ce/mm