Episode 1193: Think Tank: Methanol could play leading role in energy transition
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Methanol has long-term potential as a major player in the energy transition, especially for use a marine fuel.- Methanol mainly made from coal in China, natural gas elsewhere- Used to make formaldehyde, acetic acid, in China mainly coal-based methanol to olefins (MTO)- Q2 typically peak demand for Europe construction but subdued this year- Concerns about overcapacity globally as new projects come onstream- Use a marine fuel may be a big driver of growth long term- Energy transition offers great opportunities