Cecc

CECC (Shanghai Bi Ke Clean Energy Technology Co, Ltd.) and Northwest Innovation Works are building a scalable low-carbon platform using methanol (gas + water) as a clean intermediate to link abundant North American natural gas to the high-margin $80+ billion (2023 est.) olefins market in China. CECC is enabling construction of multiple lines in Washington and Oregon that will use natural gas to produce methanol. The methanol produced by these facilities will be shipped to China for use in the manufacture of olefins. Olefins are a component of materials we use in our daily lives such as plastics, artificial rubber and synthetic fibers. Olefins are derived only from fossil fuels and today in China, coal, utilizing a much more carbon intensive process, is increasingly being used as a feedstock for this purpose. CECC will employ industry-leading ultra low emissions technology and provide hundreds of new jobs in the US, while producing methanol in a cleaner, more environmentally responsible way.