SHV Energy and KEW Technology, two pioneering UK sustainable energy solutions companies join together to develop cutting edge renewable dimethyl ether (rDME) production plants. This strategic collaboration will demonstrate the viability of converting renewable and recycled carbon feedstock into renewable liquid gas.
The partnership includes a huge investment to set up this new joint venture, which will leverage KEW’s proprietary advanced gasification technology to develop renewable dimethyl ether (rDME) production plants worldwide. This announcement was issued on the 18th of May “SHV Energy and UGI International, leading distributors of off-grid energy, announced their intention to launch a joint venture to advance the production, commercialisation and use of rDME to accelerate renewable solutions for the LPG industry.”
Circular Fuels Ltd will be set up by SHV Energy and KEW Technology with the intention of being transferred to SHV Energy & UGI’s industry JV as soon as that is established. Renewable DME is a simple molecule, similar in properties to LPG. DME is chemically similar to LP gas (propane & butane) and is a gas at room temperature and pressure. Like LP gas it is easily transported as a liquid in pressurised cylinders and tanks. It burns cleanly and can be produced from a wide range of renewable feedstocks using existing technology, this allows for the sustainable production of rDME to be rapidly rolled out around the globe.
“We believe rDME has significant potential to help us achieve our ambitions to be a leader in sustainable energy, and KEW’s proprietary technology is an important new and efficient route to valorise waste,” said Bram Gräber, Chief Executive Officer at SHV Energy. “This announcement builds on our intention to set up a JV with UGI to accelerate renewable solutions for the LPG industry. This new JV together with KEW Technology will give us a solid platform to successfully develop the first of a kind rDME production plant in the UK and then replicate it all over the world.”