Market Brief
Russian Chemical Producers Eye Methanol-to-Olefins Process, an Industrial Info Market Brief
Russian chemical producers are planning 28 methanol projects, which would add more than 19 million tons of production capacity 2028.
Released Tuesday, August 06, 2019
Russian chemical producers are planning 28 methanol projects, which would add more than 19 million tons of production capacity 2028. Most of these future plants would be export-oriented. However, five projects are intended to produce methanol in order to make olefins. The methanol-to-olefins (MTO) process is commonly used in China.
Currently, there are no plants in Russia that use the MTO process, but cheap gas prices and government support could help chemical processors make investment decisions for these projects. Click here for the list of methanol projects.
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