Oil prices have been fluctuating at lower levels than in the past, potentially hampering prospects for methanol both into Methanol-to-Olefins (MTO) and into fuels.
MTO has been growing at a staggering rate, with one additional MTO unit slated to start up this year. A maturing MTO market and continuing low oil prices have, however, raised questions about the economic viability of MTO facilities and what the implications are for operating rates and for methanol prices. Meanwhile, the market is bracing itself for two new world-scale methanol plants coming onstream this year – one in the US and the other in Iran. How will this influence trade flows and regional pricing differentials?
Additionally, increasingly strict environmental pollution controls in China and its aim to move toward E10 ethanol blending are producing demand uncertainty in the world’s largest methanol consumer.
How will prospects for methanol pan out in the midst of these complexities?
The 36th Annual World Methanol Conference and Workshop will outline these key issues and discuss where the opportunities are in the midst of change in a full day of content, data analysis and expert insight.
Topics to be discussed include: