On May 26th, the reporter learned from Beijing Zhengzhi Far East Chemical Information Consulting Co., Ltd., which specializes in the investigation and research of the chemical industry market, that the world's methanol production capacity will be released in a large number of years and the products will be mainly targeted at the Asia-Pacific region mainly in China. The huge existing methanol market in China and the large capacity to be released will collide with imported methanol. Chinese methanol producers are facing cruel international competition.
Zhengzhi Far East's statistics show that in 2007, China's methanol production was 10.78 million tons. By 2010, China's new methanol production capacity will reach 10 million to 15 million tons/year, and the total production capacity will reach 20 million to 25 million tons/year. By 2015, China's methanol consumption will reach 21 million tons. At that time, the overcapacity of methanol in the domestic market will become an unavoidable fact. This period of time is also the centralized production period of new methanol plants in other countries and regions in the world. It is predicted that in the next five years, the world's net methanol production capacity will reach 11 million to 13 million tons per year, while the world's major methanol import countries and regions - the United States, Japan and Europe, the total imports only a net increase of 2.77 million tons The methanol market in the Middle East and Central and South Americas has limited capacity and consumes very little. Therefore, the world's methanol producers must find a large enough market to digest 10 million tons of surplus production capacity. Its target market is firstly Asia, especially China. Internationally large-scale methanol production companies have their own ocean shipping fleets and storage and transportation facilities in order to ship the produced methanol around the world. By then, methanol will be one of the major products in the world chemical market. China's huge market will surely become the battlefield for the world's methanol producers. China's methanol market is bound to stage a cruel war of elimination. In this competition, China's methanol has no advantage in terms of equipment size, raw material route, and cost price.
It is understood that China's methanol production of raw materials to coal-based consumer market is mainly concentrated in South China, East China and North China. There are nearly 200 methanol production enterprises in China, but the entire methanol production pattern is characterized by small scale and decentralized. Equipment with a production capacity of 100,000 tons/year only accounts for about 20%. The largest natural gas methanol plant is 600,000 tons/year. The largest coal-to-methanol plant was completed and put into operation in Shandong in December 2007, with a production capacity of only 500,000 tons/year.
Zhengzhi Far East's statistics show that in 2007, China's methanol production was 10.78 million tons. By 2010, China's new methanol production capacity will reach 10 million to 15 million tons/year, and the total production capacity will reach 20 million to 25 million tons/year. By 2015, China's methanol consumption will reach 21 million tons. At that time, the overcapacity of methanol in the domestic market will become an unavoidable fact. This period of time is also the centralized production period of new methanol plants in other countries and regions in the world. It is predicted that in the next five years, the world's net methanol production capacity will reach 11 million to 13 million tons per year, while the world's major methanol import countries and regions - the United States, Japan and Europe, the total imports only a net increase of 2.77 million tons The methanol market in the Middle East and Central and South Americas has limited capacity and consumes very little. Therefore, the world's methanol producers must find a large enough market to digest 10 million tons of surplus production capacity. Its target market is firstly Asia, especially China. Internationally large-scale methanol production companies have their own ocean shipping fleets and storage and transportation facilities in order to ship the produced methanol around the world. By then, methanol will be one of the major products in the world chemical market. China's huge market will surely become the battlefield for the world's methanol producers. China's methanol market is bound to stage a cruel war of elimination. In this competition, China's methanol has no advantage in terms of equipment size, raw material route, and cost price.
It is understood that China's methanol production of raw materials to coal-based consumer market is mainly concentrated in South China, East China and North China. There are nearly 200 methanol production enterprises in China, but the entire methanol production pattern is characterized by small scale and decentralized. Equipment with a production capacity of 100,000 tons/year only accounts for about 20%. The largest natural gas methanol plant is 600,000 tons/year. The largest coal-to-methanol plant was completed and put into operation in Shandong in December 2007, with a production capacity of only 500,000 tons/year.
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