Methanol Demand on the Rise

By Chemical Processing staff

Jun 24, 2013

Methanol demand will be the focus of discussion at the World Chemicals and Unconventional Feedstocks Conference and the 31st Annual World Methanol Conference, to take place Sept. 10-11, 2013, and Sept. 11-12, 2013, respectively, at the Pan Pacific Hotel in Singapore.

Mark Eramo, vice president, chemical industry insights at IHS, will open the conference with an overview of chemicals from unconventional feedstocks.

 “An abundant supply of low-cost North American shale gas is changing the feedstock supply balance within the region and is the fundamental driving force behind a new wave of chemical capacity investments for the U.S., Canada and Mexico,” said Eramo. “The shale gas revolution is a major game-changer; significant new capacity is being added in methanol and ammonia, as well as in the ethylene value chain. The implications of new methanol supply from China coal and U.S. shale gas for the methanol market, much of which is consumed in China, are considerable, and we will be exploring the impacts during the methanol conference.”

Joining Eramo will be Paul Pang, senior director, IHS Chemical, and managing director of chemicals China at IHS, who will discuss coal-to-chemicals and particularly coal-to-olefins development in China, and Rajiv Biswas, Asia Pacific chief economist at IHS, who will offer a global economic outlook and its implications for the global chemical industry. IHS Energy Insight senior level experts will deliver global energy outlooks on coal, oil, and global gas and the competitive inter-regional dynamics that are unfolding.

Along with other experts covering particular markets, technologies and applications, they will welcome several chemical executive speakers at the two conferences, including Liang Shipu, general manager, coal-to-liquids and chemicals division, Shenhua Group Co., who will provide a producer’s view of coal chemicals; Claes Berglund, director, Stena, who will discuss trends in fuel applications; and Mark Oberle, senior vice president, Asia, Celanese, who will deliver a producer’s view of acetyls as well as methanol.

Duffy Fischer, advisor, Barclays Capital, will offer financial perspectives on the methane value chain as well as the olefins value chain and compare long term performances between value chains and between regions.

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