Carbon Recycling International

Carbon Recycling International is a visionary company committed to creating a cleaner future through its CO2-to-methanol production technology. Since 2006, it has been a pioneering force in the industry, successfully operating at an industrial scale since 2012. The company's innovative approach enables partners to produce renewable methanol from carbon dioxide and hydrogen, contributing to the development of more sustainable fuels, chemicals, and products. Its first commercial plant, set up in 2022, is capable of recycling approximately 160,000 tonnes of carbon dioxide into methanol each year. Based in Iceland, Carbon Recycling International collaborates with global industry players to develop transformative projects that extract value from waste gases and renewable energy sources. In June 19, 2023, the company secured a significant $30.00M investment in its latest funding round. Notable investors in this round include Sjóvá-Almennar tryggingar hf, Equinor Ventures, Value - Pension fund, and Jöklar-Securities. With a strong focus on energy, renewable energy, clean energy, energy efficiency, and energy storage, Carbon Recycling International is well-positioned to drive positive change and make a substantial impact in the global transition towards sustainable practices.