The Power of Agility

Global methanol demand by application APPENDIX Traditional chemical applications Applications % of global demand¹ End uses Formaldehyde ~26% Used as wood adhesive for plywood, particleboard and other engineered wood products Also used as raw material for a variety of building and automotive products Acetic acid ~8% Used to produce a wide variety of products including adhesives, paper, paint, plastics, resins, solvents, pharmaceuticals and textiles (Over 50% of global methanol demand) Other traditional ~16% Used to produce a wide range of products including adhesives, coatings, plastics, film, textiles, paints, solvents, paint removers, polyester resins/fibers, silicone products Methyl tert-butyl ether (MTBE) ~11% Used as an oxygenate blending into gasoline to contribute octane and reduce the amount of harmful exhaust emissions from motor vehicles Energy-related Fuel applications ~10% Used as an alternative cleaner-burning fuel for transportation, industrial boilers and kilns, and in a smaller quantity, for cooking stoves applications Dimethyl ether (DME) ~6% A clean-burning fuel that is used as a substitute for liquified petroleum gas (LPG) for household cooking and heating. Can be used as a clean-burning substitute for diesel fuel in transportation Biodiesel ~5% Methanol-to-Olefins Methanol-to- olefins (MTO) ~18% A renewable fuel made from plant oils or animal fats that uses methanol in the production process Used as an alternative feedstock to produce light olefins (ethylene and propylene) to produce various everyday products used in packaging, textiles, plastic parts/containers and auto components 28 Source: IHS Chemical Supply and Demand Fall 2021 Update methanex the power of agility

View entire presentation