Global influence consortium (gic) launches spin-off project "sustainable olefins initiative"
The Global Impact Coalition (GIC) has announced the launch of a dedicated spin-off structure to advance its "Sustainable Olefins Program." The project will begin with a feasibility study, marking the first step in Europe towards methanol-based electronic sustainable aviation fuel (e-SAF) and new process routes for low-carbon chemicals. A group of GIC member companies has joined forces to assess the technical and economic potential of methanol-to-olefins (MTO) technology as a sustainable alternative to traditional fossil-based production processes. The team will evaluate the feasibility of converting sustainable methanol into olefins, which are key raw materials for fuels and high-end materials. The newly established spin-off structure aims to foster deeper collaboration, explore investment opportunities, and lay the foundation for potential project development.
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