Japan's Mitsui Chemicals Inc. will invest 1.5 billion yen ($13.6 million) to build a demonstration plant to turn carbon dioxide into methanol for petrochemical production and reduction of CO2 emissions.

At the envisaged plant, about 150-160 tons of CO2 emitted from its plant in Osaka, western Japan, will be combined with hydrogen to produce about 100 tons of methanol a year.

Source: Reuters

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