US methanol imports rise by 5% in the first half of 2011

12 August 2011 18:42  [Source: ICIS news]

HOUSTON (ICIS)--US methanol imports in the first six months this year rose by 5% compared with the same period of 2010, according to data released by the US International Trade Commission (ITC) on Friday.

For the January-June 2011 period, methanol imports stood at 3.3bn litres, compared with 3.15bn litres in the same period of 2010, according to the ITC.

Canada accounted for most of the increase, adding more than 20m liters to US imports. Methanex restarted a plant in Medicine Hat, Alberta, in April.

Trinidad and Tobago, Venezuela and Equatorial Guinea continued as the top three countries of origin, together shipping 92% of all US methanol imports. Trinidad and Tobago accounted for 71% of total imports.

US methanol sellers include Methanex, BP, SABIC and Southern Chemical.

($1 = €0.70)

For more about methanol visit ICIS chemical intelligence

By: Lane Kelley
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