CropEnergies AG, Johnson Matthey agree to produce renewable ethyl acetate
CropEnergies AG, Mannheim, and Johnson Matthey, London, a leader in sustainable technologies, have entered into an engineering, license and technical services agreement for a plant to allow CropEnergies AG to produce renewable ethyl acetate from sustainable ethanol near its production site in Zeitz, Germany.
Using Johnson Matthey technology, the renewable ethyl acetate produced by CropEnergies will reduce the fossil carbon footprint of a wide range of everyday products and offers an excellent opportunity for its customers to grow with the sustainability trend.
Building it would require an investment of approximately €80 MM–€100 MM and would lay CropEnergies’ first foundation stone of Biobased Chemicals as a new business line.
Johnson Matthey will prepare the process design package scheduled for completion mid-2022 after which CropEnergies will make the final investment decision. The plant will be designed to produce 50,000 tpy of renewable ethyl acetate from renewable ethanol feedstock and renewable energy to drive the process. The plant will also generate renewable hydrogen as a co-product that together with biogenic CO2 from the CropEnergies fermentation process, will be the basis for further conversion of renewable energy into PtX (power-to-X) downstream routes, to produce, for example, e-fuels.
Johnson Matthey’s commercial ethyl acetate technology has a proven track record for process improvement, engineering expertise and licensee support. The company’s green technology minimizes carbon emissions and produces high-quality ethyl acetate.
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