This paper demonstrates the benefit of using a ternary Cu-Cr-Al system as a support for palladium catalysts in the methanol synthesis reaction (MS) obtained from CO hydrogenation. The influence of ternary oxide composition and palladium addition on the physicochemical and catalytic properties of Pd/Cu-Cr-Al catalysts in methanol synthesis is discussed. The physicochemical properties of the studied systems were examined by XRD, TPR and BET methods. The promotion effect of palladium on the catalytic activity and reduction of ternary oxide was proven. It was found that palladium promoted catalysts prepared from palladium nitrate precursor showed higher yield in methanol formation.