BASF inks an Early Disclosure Agreement with Forestal to amp up e-methanol development

BASF and Forestal de Atlántico S.A. have entered into an Early Disclosure Agreement (EDA) to advance the development of e-methanol production through carbon capture technology. This agreement enables BASF to share its proprietary OASE® blue gas treatment technology with Forestal for use in the Triskelion project located in Galicia, Spain. The project aims to produce 156 metric tons of e-methanol daily by capturing CO2 emissions from electricity-generating turbines and combining them with renewable hydrogen.

The EDA establishes a framework for BASF to provide technical expertise during the Front End Engineering Design (FEED) phase, which will be conducted by a third-party contractor selected by Forestal. This preliminary engineering phase will assess the project's technical and economic feasibility before proceeding to construction. The agreement allows Forestal to evaluate the proposed carbon capture solution and share the design specifications with potential contractors for competitive bidding.

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BASF's OASE technology, with over 500 installations worldwide, offers proven capabilities in gas treatment applications. The company will support Forestal throughout the FEED preparation to optimize the integration of CO2 capture technology into the e-methanol production process. This collaboration represents an innovative application of BASF's technology in sustainable fuel production.

The Triskelion project marks a significant development in carbon capture and utilization, particularly for the maritime industry where e-methanol serves as a cleaner alternative fuel. By converting industrial emissions into usable methanol, the initiative demonstrates a practical approach to reducing carbon footprints while creating value from waste streams. The successful implementation could establish a model for similar sustainable fuel projects globally.