Methanol capacity growing too rapidly; supply glut looms

With about 6 million metric tons/year of methanol capacity expected to come on stream during 1998-2001, the world is headed for a serious supply glut, says James R. Crocco, executive vice-president of methanol studies for Chemical Market Associates Inc. (CMAI), Houston. Demand growth for the period will be only half that amount, resulting in a global methanol capacity surplus equivalent to about 3.5 world-scale methanol plants, says Crocco. This will cause plant operating rates to move even lower than those experienced in the mid-1980s. "This comes at a time when the current crisis in Asia results in reduced methanol demand for that world region, MTBE (methyl tertiar...

Why Register?

Non-subscribers can only view whitepapers by providing name, home and email address, phone number and other information and comment on/rate articles.

Why Subscribe?

Oil & Gas Journal subscribers with login credentials can access these premium features of OGJ Online:

  • Current Issue – an html version of the current week's issue of Oil & Gas Journal.
  • Past Issues – An Electronic OGJ Archive. A keyword-searchable archive of all issues of Oil & Gas Journal dating back to 1990; also searchable by issue date.
  • Market Journal – a weekly round-up of the oil and gas markets, with observations from leading analysts.
  • Editor's Perspective – a short article of insight and opinion by the Editor of Oil & Gas Journal.
  • OGJ Industry Stats – quick access to current industry statistics from Oil & Gas Journal.
  • OGJ Survey Downloads - quick access to exclusive reports from Oil & Gas Journal.


Subscriber Help or Subscribe

Oil & Gas Journal Subscribers: Have your subscription number (from the mailing label on the cover of your Oil & Gas Journal) and e-mail address ready to set up your online account through Customer Service Assistant.

If you're not an Oil & Gas Journal subscriber, start a subscription and gain access to the subscriber areas of OGJ Online now.

Stay Connected