By Malini Hariharan More news has emerged on the Trinidad methanol and methanol-to-olefins (MTO) project covered by the blog last week. Chinese major Sinopec is likely to be SABIC's partner for the $5.3bn project. The two companies are in negotiations...
By Malini Hariharan Recent moves by methanol majors to boost their capacities have caught the blog's attention. Sabic's chief financial officer Mutlaq al-Morished disclosed at a press conference yesterday in Dubai that the company is in talks for a methanol...
By Malini Hariharan Chinese methanol demand growth in 2011 has beaten expectations thanks to rising requirement from the gasoline blending and methanol-to-olefins (MTO)/methanol-to-propylene (MTP) segments. Demand last year is estimated to have expanded by an impressive 30% to reach 26m...
By Malini Hariharan The blog has been listening to some interesting presentations on the polyester chain at the Indian Petrochem - 2011 conference in Mumbai. The global economic slowdown does not appear to have dampened prospects for polyester demand. "Demand...
By Malini Hariharan China is well set to take on an even larger role in the global methanol industry. The country already accounts for a little over 40% of demand and its share is set to expand rapidly in the...
By Malini Hariharan A few months back the blog had expressed sceptism on a Chinese company's plans for a methanol-to-olefins (MTO) project based on imported methanol. The economics of such projects appear doubtful but many Chinese companies are looking to...
By Malini Hariharan Shenhua Ningxia has finally produced onspec propylene at its new 470,000 tonnes/year methanol-to-propylene (MTP) plant after starting trial operations last month. This marks the successful start of China's first MTP project, which is also the world's largest....
By Malini Hariharan The first of China's major coal-based chemical projects has finally started trial operations. ICIS news reports that methanol has been fed at Shenhua Baotou's 600,000 tonnes/year methanol-to-olefins (MTO) plant at Baotou, in inner Mongolia. The unit can...
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