Episode 1193: Think Tank: Methanol could play leading role in energy transition

Methanol has long-term potential as a major player in the energy transition, especially for use a marine fuel.

-          Methanol mainly made from coal in China, natural gas elsewhere

-          Used to make formaldehyde, acetic acid, in China mainly coal-based methanol to olefins (MTO)

-          Q2 typically peak demand for Europe construction but subdued this year

-          Concerns about overcapacity globally as new projects come onstream

-          Use a marine fuel may be a big driver of growth long term

-          Energy transition offers great opportunities