36th Annual World Methanol Conference
Friday, 05 October 2018
- Two parallel sessions:
Saturday, 06 October 2018
- Strategic and Business Issues
Moderator: Victoria Baghdjian, Associate Director, IHS Markit
- 8:35 amFeedstock Competitiveness and Implications to Methanol
Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit
Understanding the regional price relationships between coal, natural gas, and crude is important to understanding the relative competitiveness of methanol as a monetization option for the feedstocks. Also, as methanol competes in the conventional derivatives as well as the fuels and olefins markets, the relative cost of methanol-based production is important to understanding implications to demand.
- 9:00 amWhere is the Methanol Industry Heading?
Mike Nash, Vice President, Syngas Chemicals, IHS Markit
The methanol industry is becoming more complex and more volatile for a variety of reasons: the China futures market, the growing importance of MTO, the greater concentration of methanol production into regional hubs… Regulations and geopolitics will play a part in shaping the industry’s future: examples are China’s environmental pollution controls; its drive towards ethanol as a gasoline blendstock; the Iranian sanctions. MTO economics and operations will play a key role in determining methanol pricing and supply-demand. Longer-term, there will be methanol production in new geographies, regional pricing will evolve, new feedstocks will be introduced and demand will increase into new applications such as boiler fuel and marine bunker fuel.
- 9:25 amOlefins Need Methanol to close Supply / Demand Balance
Steve Lewandowski, Vice President, Olefins, IHS Markit
Ethylene and propylene demand forecast continues strong over the next 3 to 4 years. Capacity additions and production of olefins has been outpaced by demand growth and this is expected to be the case for the next 4 years. So every molecule of production of ethylene and propylene is needed to close global balances. Key in the supply mix is methanol based olefins and derivatives. Why is the olefin market viewed as tight, what did the market miss on supply/demand, why did the market not anticipate better the add to the olefin production capacity, do we see light at the end of the tunnel on supply of olefins, and will methanol continue in its importance in the supply mix. These and other topics will be covered in the olefins session to explain how we got to where we are at, what is going on today for supply/demand and a view of the current under construction capacity addition program globally for olefins.
- 9:50 amHow is Deforestation, Women’s Safety, and Flaring Linked?
Steven Murray, President and CEO, Primus Green Energy
Three billion people cook over open fires – with deadly consequences.” Every day women and girls all over the world hazard themselves gathering and then burning biosolids for heating and cooking with attendant deforestation. At the same time they often walk under the glare of flaring natural gas. More than 3% of the world’s natural gas is wastefully flared, 30% of wood-fuel harvesting is unsustainable, and 3+ million people die each year due to smoke inhalation from traditional cookstoves. Surely there is a better integrated solution, through a sustainable business model without the need for subsidy. Primus’s technology provides the profitable and safe answer.
- Regional Methanol Updates
Moderator: Mike Nash, Vice President, Syngas Chemicals, IHS Markit
- 10:45 amThe Americas: Where Do We Go From Here?
Marc Alvarado, Associate Director, Methanol, IHS Markit
The Americas have undergone dramatic shifts in supply over the past 20 years – from North America as a global production base to the near complete closure of capacity only to rise once again to a global role; meanwhile South America rose in the wake of the North’s earlier collapse only to find itself currently struggling. Now questions loom concerning how much new capacity will come online in the Americas, when will this happen and then what the impact will be on prices in the region and the returns on new investments as they seek to find a home for the new production.
- 11:10 amAsia Methanol: A Changing Industry
Xiaomeng Ma, Associate Director, IHS Markit
As the methanol production and consumption center, Asia has always been a critical market for the global market players. The sustained volatility in methanol prices has influenced the competitive landscape and trading behaviors of methanol players in Asia. Asia is the target market for additional methanol capacity - does China continue to play the role of dominant market player in the long term? Who has the strongest voice in Asia market - large multinational suppliers, or large MTO producers in the coastal areas of China? This presentation will focus on the points and factors impacting the market, as well as drivers of growth in Asia.
- Asia methanol market update
- The complex methanol trade patterns
- Various that impacts the methanol price
- MTO’s status and economics
- New demand development-methanol demand into fuel applications in China
- Supply and demand outlook on 2019
- Changing Regulatory and Market Landscape
Moderator: Marc Alvarado, Associate Director, Methanol, IHS Markit
- 2:10 pmWhy Methanol will Become the Main Liquid Fuel in Europe
Andreas Graber, COO, Silent-Power AG
Methanol is a fuel allowing very versatile uses. Many of its inherent properties result in technical advantages over other existing fuels, therefore we strongly believe that Methanol is poised to become our main fuel of the future. As Europe is seeking new ways to realize an energy transition towards a carbon free economy, capturing CO2 in Methanol synthesis plants seems a smart approach. At times of low market price for power, electricity can be used to generate hydrogen, which together with captured CO2 from ongoing emissions can be turned into Methanol, making it a renewable long-term energy storage. Though CO2 emissions are not eliminated, carbon is kept “in the loop”, enabling a CO2 neutral energy supply. The presentation will give an overview of current activities and actors in Europe leading us towards this future, where Methanol could become the spearhead of synthetic liquid fuels for the transportation and energy sector.
- Methanol Derivatives and Technology
Moderator: Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit
- 3:00 pmPanel Discussion: Are There limits to the Size of Methanol Units? How Can Small-Scale Plants be Profitable?
Moderator: Dewey Johnson, Vice President, Base Chemicals and Plastics, IHS Markit
- Jens Ole Madsen, Product Line Director, Topsoe Methanol Technologies , Haldor Topsoe A/S
- Andrew Fenwick, Methanol Market Manager, Johnson Matthey
- Lenard-Istvan Csepei, Scientist, Fraunhofer IGB BioCat
- 4:05 pmEstablishing DME’s Place in Sustainable Mobility and Power – A Global Update
Chris Kidder, Executive Director, International DME Association
Significant commercial investments and regulatory approvals over the past few years have laid the groundwork for the acceleration of commercial adoption of dimethyl ether (DME) as a fuel in several important markets, and the fuel’s relevance to the growing awareness of the business case for various downstream methanol energy applications makes these developments noteworthy for the World Methanol Conference audience.
This presentation will provide a comprehensive overview of the most significant developments that are driving interest and investments in DME in the near term.
- 4:30 pmAn Exceptional Year in Acetyls and its Impact on Methanol as a Feedstock
Julian Skibitzki, Associate Director, IHS Markit
Since late 3Q 2017, the global Acetyls market has experienced a number of planned and unplanned events which have had a significant impact on regional and global markets. Julian Skibitzki will highlight causes which ultimately led to the tightness in the global Acetyls market environment, focusing mainly on acetic acid and VAM. This tightness has led to record high prices and unusual trade patterns. What was the effect on methanol as a major feedstock?