Methanex Project Overview
Global methanol industry demand - by application
Traditional
chemical
Applications
% of global
demand¹
Formaldehyde
•
~26%
•
applications
Acetic acid
~8%
(Over 50% of
global methanol
•
demand)
Other traditional
~16%
Methanol-to-olefins
~18%
(MTO)
Energy-related
Methyl tert-butyl
ether (MTBE)
~11%
applications
(Close to 50% of
Fuel applications
~10%
global methanol
demand)
Dimethyl ether
(DME)
Biodiesel
•
~6%
~5%
35
Source: IHS Chemical Supply and Demand Fall 2021 Update
APPENDIX
•
.
End uses
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
Used to produce a wide variety of products including adhesives, paper, paint, plastics, resins,
solvents, pharmaceuticals and textiles
Used to produce a wide range of products including adhesives, coatings, plastics, film, textiles,
paints, solvents, paint removers, polyester resins/fibers, silicone products
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
Used as an oxygenate blending into gasoline to contribute octane and reduce the amount of
harmful exhaust emissions from motor vehicles
Used as an alternative clean-burning fuel for transportation, industrial boilers and kilns, and in a
smaller quantity, for cooking stoves
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
A renewable fuel made from plant oils or animal fats that uses methanol in the production process
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