37th Annual World Methanol Conference
Friday,04 October 2019
Saturday,05 October 2019
Session I: Strategic and Business Issues
Moderator: Victoria Baghdjian, Associate Director, IHS Markit
Feedstocks: What a Difference a Year Makes
Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit
Global Methanol Critical Issues and Outlook
Mike Nash, Vice President, Syngas Chemicals, IHS Markit
The methanol industry is subject to a series of geopolitical shocks: e.g. the US-China trade war, US sanctions on Iran and Venezuela, Saudi Arabian attacks and Brexit uncertainty. China’s environmental controls continue – and safety controls are now stricter, after a series of chemical industry incidents. What impact will all of this have on the methanol industry? Methanol-to-Olefins (MTO) is key to methanol demand growth, yet it is a high-cost technology and has to compete with other routes to olefins, in a relatively low crude oil environment. What are the implications for MTO operating rates, methanol demand and pricing? The China government has announced an aim to use ethanol in its gasoline pool – what will the impact be on methanol and on MTBE? Will the negative impact be offset by the growth of methanol into new applications in China such as boilers and cook stoves?
Prospects for Methyl Metacrylate (MMA)
Chris Frederic, Manager, Raw Materials, Lucite International Ltd.
Mitsubishi Chemicals Corporation is the largest Methyl Methacrylate (MMA) producers in the world. MCC utilizes three different manufacturing technologies, based on ethylene, acetone and isobutylene as key raw materials; with all technologies consuming (different quantities of) methanol as a raw material.
Depending on the technology and the region, raw material costs for MMA production can differ significantly.
This presentation will examine raw material cost by technology and by region, and then will attempt to give an explanation for choices MMA producers might make against the backdrop of new methanol projects coming on stream. It will explore where it makes sense to build new MMA projects given existing economics for methanol and other raw materials.
Gas Monetization: Methanol Investments and Specific Challenges in Russia
Olivier Maronneaud, Director, Chemical Consulting, IHS Markit
- 8:35 AM Feedstocks: What a Difference a Year Makes
Session II: China Focus
Moderator: Marc Alvarado, Associate Director, Methanol, IHS Markit
Managing Mounting Pressure on Methanol-to-Olefins (MTO)
Steve Lewandowski, Vice President, Olefins, IHS Markit
The pressure on methanol-to-olefins (MTO) is mounting as marginal supply for olefins and polyolefins is not calling on this chemistry. New olefins projects continue on the construction trajectory, especially in China although global demand in the near term has softened amid recession risks driven by geopolitical events. Meanwhile, olefins and derivatives will continue to run hard in feedstock advantaged regions. The ethylene/propylene import infrastructure in China continues to grow and add flexibility. What prospects is there for MTO going forward?
The Ever-Changing Methanol Market in Asia
Xiaomeng Ma, Associate Director, IHS Markit
As the methanol production and consumption center, Asia has always been a critical market. The sustained volatility in methanol prices has influenced the competitive landscape and trading behaviors of methanol players in
Asia. Policy has been a key influence in the development of the methanol industry. Asia is the target market for additional methanol capacity – does China continue to play the role of leading market player in the long term?
We are already in the middle of the second wave of MTO development which has experienced some economic challenges in the past few years. Which methanol application could be the game changer in the next decade? This presentation will focus on the factors impacting the market, as well as the growth drivers in Asia.
• Asia and China methanol market update
• Methanol fuel
• The impact of environmental control and policy on fuels applications
• MTO sector overview
• Asian methanol trade
Paper 61: The Rollout of M100 Fuel and its Impact on Methanol
James Lamoureaux, Board Chairman and CEO, IGP Methanol
- 10:45 AM Managing Mounting Pressure on Methanol-to-Olefins (MTO)
Session III: Regional Methanol Updates and Fuel Applications
Moderator: Mike Nash, Vice President, Syngas Chemicals, IHS Markit
Changes in the Americas Methanol Market: A Closer Look at MTO Economics
Marc Alvarado, Associate Director, IHS Markit
In recent years, the US has emerged as a location with low cost natural gas that could be used as feedstock for methanol production. However, headwinds to methanol demand have emerged in the form of lower returns on MTO economics and decreased methanol use in fuels – these headwinds are further complicated by US geopolitics that includes sanctions and trade wars. What does US methanol capacity look like now and what can we expect to see in terms of capacity additions? Does the US political stance open the door for Canadian capacity additions? And what does IHS Markit take into account when calculating MTO economics?
European Methanol Update. Iran and the Impact on Global Methanol
Victoria Baghdjian, Associate Director, IHS Markit
Victoria Baghdjian will present on the Middle Eastern methanol markets, examining the relationship between Iran and India. She will also examine the impact of the recent events in Saudi Arabia on the methanol market and provide an update on the European methanol market, including aspects of pricing, supply and demand.
Shipping of Methanol: IMO and the Methanol Opportunity
Steve Christy, Director, Strategic Communications, Navig8
Fuel Applications for Methanol
Greg Dolan, CEO, Methanol Institute
The growth of methanol demand is being driven by the emergence of new applications for methanol as an energy resource. Using methanol as a fuel in cars, trucks, buses, ships, homes and businesses is finding traction in markets across the globe. This presentation will highlight the latest developments, discuss policy frameworks, and the work of the Methanol Institute to kick-start these initiatives.
- 1:20 PM Changes in the Americas Methanol Market: A Closer Look at MTO Economics
Session IV: Methanol Derivatives and Technology
Moderator: Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit
Delivering Advanced Biofuels - An Industrial Case Study for the European Market
Alex Miles, Director, Commercial Development (Europe), Enerkem
Speeding up the transition from a linear resource consumption economic model (take - make - dispose) to a circular economy model (reduce - reuse - recycle) is an urgent global necessity.
This presentation will demonstrate how innovative technologies can provide a sustainable alternative to existing / current waste disposal practices. The case study presented will highlight how sustainable, green methanol can be produced from non-recyclable, non-compostable waste as a feedstock to ensure a transition towards a circular economy.
Formaldehyde Market Update
Rémi Goget, Licensing Manager, Dynea
Perspective of Sustainable Methanol Production
Tore Sylvester Jeppesen, Business Development Director, New Chemicals and Materials, Haldor Topsoe A/S
This presentation explores the path to a more sustainable methanol production with regards to both CO2 reduction and use of renewable energy.
Prospects for Acetyls
Julian Skibitzki, Associate Director, IHS Markit; Mike Nash, Vice President, Syngas Chemicals, IHS Markit
The acetyls industry remains an important driver for the methanol industry.
Julian Skibitzki will highlight potential growth opportunities in the acetyls industry and shed some light into potential risk factors that could have a negative impact on market developments.
A volatile price evolution seems to have changed price correlations between feedstocks and downstream products.
What will be the effect on methanol as a major feedstock for the acetyls industry?
- 3:25 PM Delivering Advanced Biofuels - An Industrial Case Study for the European Market