Maersk invests in WasteFuel to develop renewable methanol production
Versión en Español Type of post: NEWS IN BRIEF. A.P. Moller – Maersk , through its corporate venture arm Maersk Growth , has invested in California-based WasteFuel (a start-up focused on turning waste into sustainable aviation fuel, biomethanol and renewable natural gas) to develop green methanol production. Press release: “ Maersk invests in WasteFuel to develop green bio-methanol production in the Americas and Asia ”, 08/09/2021. Related posts: “ WasteFuel Philippines is evaluating the feasibility of a waste-to-fuel project in Luzon ”, 27/05/2021. Figure 1. Maersk invests in WasteFuel to develop renewable methanol production Maersk’s investment will enable WasteFuel to develop biorefineries to produce sustainable fuels from unrecoverable waste that would otherwise degrade, and release methane and other harmful emissions into the atmosphere. Maersk is confident that biobased methanol is one of the promising fuels of the future and it can play an important role in decarbonis...