January 1999

Trends and Resources

HP Impact: HPImpact: Outlook for methanol focuses on volatility

The outlook for the global methanol market was analyzed at a World Methanol Conference, Frankfurt, Germany, Dec. 8–10, 1998, organized by CMAI. Highlights from selected presentations summarize th..

Weirauch, Wendy, Hydrocarbon Processing Staff

The outlook for the global methanol market was analyzed at a World Methanol Conference, Frankfurt, Germany, Dec. 8–10, 1998, organized by CMAI. Highlights from selected presentations summarize the forecasts for this important petrochemical and one of its major derivatives, MTBE: The global methanol market remains unbalanced. The industry continues using an unprecedented discipline that will continue throughout 1999, as several new grassroots plants come online. The current market is very similar to conditions that the industry experienced in the mid-'80s, when operating rates were 76%. In 1986, crude oil prices were very low, and gasoline values had also fallen. Demand

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