Finding New Opportunities Amid Looming Clouds
The methanol market has had a good run in recent years, but clouds are looming due to unresolved geopolitical tensions; increasing difficulty in forecasting demand in China; the start-up of large-scale new capacities; a slowdown in methanol-to-olefins (MTO) projects; as well as unfavorable MTO economics as lower-cost naphtha cracker capacities come onstream in China.
The global methanol industry is grappling with ongoing U.S. sanctions on Iran and the U.S./China trade dispute, potentially impacting trade flows. New capacities in North America are expected to ramp up in coming years, all while demand in China has become increasingly difficult to forecast. Many unknowns have emerged from China's policies, including the move to advance the ethanol-as-fuel agenda, environmental pollution controls, and increasingly complex MTO economics.
Meanwhile, new applications for methanol into direct fuel including boilers, kilns and cook stoves, as well as marine bunker fuel could emerge as the silver lining amid the looming clouds.
Amid these complexities, methanol has never been as difficult to
forecast. What is the outlook for the market? Where are the
opportunities, and what are their prospects? How will you plan for
your business and position it for growth in these uncertain
Get the latest analysis and insight at the 37th World Methanol Conference, where the global methanol industry will gather to network, get the latest business updates and data.
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