Investor Presentation October 2023
Firm capacity additions unlikely to meet growing
demand in the mid-term
Estimated Methanol Industry Net Capacity Additions
8.0
7.0
6.0
5.0
4.0
3.0
2.0
1.0
T
0.0
2022
2023
2024
2025
US
Iran
China
Others
2026
Source: OPIS (Chemical Market Analytics) World Analysis, Fall 2023 Update.
*Capacity calculated on a pro-rata basis depending on the actual start-up timing. Firm capacity additions not
sufficient to meet forecasted demand, operating rate improvements required.
15
Methanex | The Global Methanol Leader | Investor Presentation October 2023
2027
2028
■Firm Capacity Addition
New capacity additions
Besides G3, limited firm capacity addition
expected in the Atlantic market. Firm
additions outside the Atlantic include a 1.8
mmt plant in Malaysia in 2024 and plants in
Iran and China.
New capacity is needed to meet demand
growth; greenfield projects typically take 4 to
5 years from FID to commercial production
Mid-term methanol price outlook
Higher methanol prices and tight market
conditions supported by:
Growing methanol demand
Structural industry supply challenges
•
Supportive energy prices
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