Methanol Demand Expected to Rise in North America, with $30 Billion in Projects in the Works, Many for Exports

Methanol Demand Expected to Rise in North America, with $30 Billion in Projects in the Works, Many for Exports

Methanol Demand Expected to Rise in North America, with $30 Billion in Projects in the Works, Many for Exports

SUGAR LAND--August 28, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Prices for methanol have been on a downturn as market supply has remained strong, despite higher demand for MTBE and formaldehyde, which methanol is used to produce. But many industry executives, such as those at OCI Partners LP (NYSE:OCI) (Beaumont, Texas), which runs the largest integrated ammonia and methanol production complex in the U.S., expect prices to recover in the long term as demand rises from energy applications. Industrial Info is tracking more than $30 billion in active projects involving methanol facilities in the U.S. and Canada.

Within this article: Details on the 10 highest-value North American methanol projects from major companies, such as OCI Partners LP (NYSE:OCI), Methanex Corporation (NASDAQ:MEOH), Yuhuang Chemical Incorporated, Shandong Yuhuang Chemical (Group) Company Limited, Canadian Methanol Corporation, Chemours Company LLC (NYSE:CC), Zero Emission Energy Plants Limited, G2X Energy Incorporated and Secure Energy Incorporated.

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