This uses hydrogen to convert carbon dioxide into methanol which can be used as a fuel or converted to derivatives. Celanese will use the methanol to make acetic acid for the acetyl business–mostly cellulose acetate.
C&EN reports (Jan 15 p 12) the plant will convert 180K metric tons of carbon dioxide to 130K tons of methanol per year. The hydrogen and carbon dioxide will be supplied by Linde from a plant that makes carbon monoxide next door. The hydrogen and carbon dioxide are being added to a plant that makes methanol already giving a 10% expansion in methanol capacity for an investment of $50MM.