Carbon Recycling International

Carbon Recycling International

CRI Hf.

Kópavogur, Iceland

HydrogenOtherPrivate company
Founded 2006
Profile last updated: August 14, 2026

About

Founded in 2006, Carbon Recycling International is a private company headquartered in Kópavogur, Iceland specializing in Hydrogen, Other.

Carbon Recycling International is a global leader in CO2-to-methanol technology. Using its proprietary Emissions-to-Liquids (ETL) technology, CRI converts captured carbon dioxide and hydrogen into renewable methanol—a versatile fuel and chemical feedstock. The company pioneered industrial-scale CO2-to-methanol production with the George Olah plant in Iceland, commissioned in 2012. CRI now has over 200,000 tonnes per year of installed sustainable methanol production capacity under license globally, with major deployments in China and projects across Europe. The company provides technology licensing, project development, engineering, procurement, and lifetime technical support for methanol production facilities.

Headquarters

Kópavogur, Iceland

Founded

2006

Company type

Private company

Focus areas

carbon capturemethanolrenewable fuelsETL technologyCO2 utilizationgreen hydrogensustainable chemicals

Products & services

Business models

B2BEPC

Value chain

R&DManufacturingEngineeringDevelopmentConsultingAdvisory

Service areas (3)

  • Technology Licensing

    Licensing of proprietary Emissions-to-Liquids technology for CO2-to-methanol conversion

  • Project Development

    End-to-end project development from conception to start-up including feasibility studies, engineering, procurement, construction and commissioning

  • Technical Services

    Lifetime technical and operational support, operator training, performance evaluation and maintenance support

Locations

Headquarters

Holtasmári 1, 201, Kópavogur, Iceland

Operating locations (2)

  • Beijing, China
  • Shanghai, China

Service regions

ChinaIndiaIcelandGermanySwedenNorwayEurope

Projects

9

George Olah Renewable Methanol Plant

OperationalCO2-to-Methanol

World's first facility producing renewable methanol from captured CO2 and renewable hydrogen

Reykjavik, IcelandCompleted: 2012-02-21

Anyang E-Methanol Plant

OperationalCO2-to-Methanol

Commercial-scale CO2-to-methanol plant producing sustainable methanol

110 GW capacityAnyang, ChinaCompleted: 2022-01-01

Lianyungang E-Methanol Plant

OperationalCO2-to-Methanol

Commercial CO2-to-methanol facility

100 GW capacityLianyungang, ChinaCompleted: 2023-01-01

Liaoyuan E-Methanol Project

Under ConstructionCO2-to-Methanol

Large-scale e-methanol production facility from green hydrogen and captured biogenic CO2

170 GW capacityChinaCompleted: 2026-01-01

Yushu Green Methanol Project

PlannedCO2-to-Methanol

Combined bio- and e-methanol production facility integrating renewable power generation, hydrogen production, carbon capture and biomass utilisation

270 GW capacityYushu, ChinaCompleted: 2027-06-01

FReSMe Project

OperationalCO2-to-Methanol

Production of sustainable methanol from residual blast furnace gas

Sweden

MefCO Project

OperationalCO2-to-Methanol

Demonstration of ETL technology load-following capability

Germany

Finnfjord E-Methanol Plant

PlannedCO2-to-Methanol

Joint development with Statkraft for e-methanol production

100 GW capacityNorway

P1 Fuels E-Fuel Production Unit

Under ConstructionCO2-to-Methanol

Integration of CRI's Emissions-to-Liquids technology with P1's methanol to gasoline technology

Germany

Credentials & affiliations

Awards

Samorka Innovation Award

Samorka (Federation of Icelandic Energy and Utility Companies)Outstanding creative solutions within energy and utilities sector

Environmental Initiative of the Year

Confederation of Icelandic Enterprises2024

Icelandic Engineering Award - The Cube

Icelandic Engineering Association2024

Industry memberships

Samorka (Federation of Icelandic Energy and Utility Companies)

Partnerships

Jilin Huajin Energy Co., Ltd., China Tianying, Jiangsu Sailboat Petrochemicals, P1 Fuels, Statkraft, Dastur Energy Pvt Ltd, Guangdong Hydro Power, Jiangsu Dafu, Honeywell UOP

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