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Tue Mar 26, 2013, 07:32 PM

Celanese to make ethanol from Natural Gas [View all]

... this would not be a renewable fuel, but it would add to the ethanol we are already making and increases the prospect of stopping the rise in the price of gasoline/oil (it's likely, that if we produce ethanol in a volume equal to somewhere between 20% and 30% of the light transportation fuel supply, we would see gas prices stop rising). Furthermore, with a large enough volume of ethanol being produced, we could even reverse the rise in the price of gas/oil.

Currently, the rising price of oil is adversely impacting our economic growth and this will only get worse in the future. Slowing the rise in the price of gas or stopping its rise would give a boost to economic growth. Decreasing our dependence on mid-East oil would have significant geo-political ramifications too. Right now, we are gambling our entire economy on there being an uninterrupted supply of oil world-wide - for the foreseeable future. That's a pretty big bet to be placing.


http://www.icis.com/Articles/2012/03/07/9539405/us-celanese-eyes-world-markets-for-its-fuel-ethanol.html

HOUSTON (ICIS)--US-based acetyls producer Celanese is looking at markets worldwide for its hydrocarbon-based ethanol, an executive said on Wednesday.

Celanese's recently developed technology, TCX, allows it to produce ethanol from natural gas or coal by using acetic acid as an intermediary, according to a recent patent.

Celanese said its process costs less than bio-based production, on which most of the world relies.

In 2013, Celanese plans to start ethanol production in China, using coal as a feedstock.
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