Carbon Recycling International
CRI Hf.
Kópavogur, Iceland
About
Founded in 2006, Carbon Recycling International is a private company headquartered in Kópavogur, Iceland with approximately 51-200 employees specializing in Hydrogen.
Carbon Recycling International (CRI) is a renewable energy company specializing in CO2-to-methanol conversion technology. The company developed and commercialized its proprietary Emissions-to-Liquids (ETL) technology, which converts captured carbon dioxide and renewable hydrogen into renewable methanol—a versatile fuel and chemical feedstock. CRI's technology enables industries to reduce emissions while maintaining reliable energy systems. The company has deployed commercial-scale projects across Iceland and China, including the world's first large-scale CO2-to-methanol plant (George Olah plant, 2012) and multiple operational facilities in China. CRI partners with industrial companies, project developers, and engineering firms globally to license its technology and support the development of methanol plants worldwide. The company also provides technical services, feasibility studies, and certification support for renewable methanol projects in sectors including marine shipping, aviation, chemicals, and industrial production.
Headquarters
Founded
Employees
Company type
Focus areas
Products & services
Business models
Value chain
Locations
Headquarters
Holtasmári 1, 201, Kópavogur, Iceland
Projects
8George Olah Renewable Methanol Plant
World's first large-scale CO2-to-methanol plant producing renewable methanol from captured CO2 and renewable hydrogen.
Anyang E-Methanol Project
Commercial-scale CO2-to-methanol plant producing 150,000 tonnes of sustainable methanol annually.
Lianyungang E-Methanol Plant
E-methanol production facility with capacity of 100,000 metric tonnes per year.
Liaoyuan E-Methanol Project
Large-scale e-methanol facility combining renewable hydrogen and captured biogenic CO2 conversion, first phase producing approximately 170,000 tonnes of renewable methanol annually.
Yushu Green Methanol Project
Combined bio- and e-methanol production facility with planned capacity of 270,000 metric tonnes per year, including 120,000 tonnes of e-methanol and 150,000 tonnes of bio-methanol from biomass waste gasification.
Finnfjord E-Methanol Plant
Joint development project between CRI and Statkraft for a 100,000 tonnes per year e-methanol plant.
FReSMe Project
Project producing sustainable methanol from residual blast furnace gas delivered as marine fuel.
MefCO Project
Demonstration project for CRI's ETL technology with load-following capability and methanol-to-jet pathway feasibility.
Credentials & affiliations
Awards
Samorka Innovation Award
Environmental Initiative of the Year
The Cube - Icelandic Engineering Award
Partnerships
Jilin Huajin Energy Co., Ltd., Jiangsu Sailboat Petrochemicals, Jiangsu Dafu, Guangdong Hydro Power, P1 Fuels, Honeywell UOP, Dastur Energy Pvt Ltd, Statkraft
People
Management & team
Lotte Rosenberg
Chief Executive Officer
Gauti Reynisson
Chief Financial Officer
Michael Ertmann
Chief Commercial Officer
Emeric Sarron
Chief Technology Officer
Kirstine Bekker Skaarup
Chief People and Legal Officer
Björn Harðarson
Chief Engineering Officer
Halldór J. Kristjánsson
Board Member
Dr. Sivert Vist
Board Member
Kristine Kvalø Johansson
Board Member
Fiona Fei
Board Member
Sigurður I. Björnsson
Board Member
Laurent Van Wulpen
Board Member
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