Therefore, the current stock of methanol production supply limited room for improvement. In 2017, the new production of domestic methanol plant in methanol to olefins integration device, a single set of additional methanol production capacity is only 2 million 400 thousand tons, and there may be delayed, the international market is also the only Iran two sets of new equipment production plan in the second half of the first quarter of 2017, both domestic and international markets are no new production capacity.

Port MTO device into operation soon, methanol demand rapid amplification

In recent years, the traditional methanol formaldehyde, acetic ether, two downstream industries in the tepid state, methanol to olefins and other emerging applications has been greatly expanded.

In fact, in 2013 the domestic production capacity is only 2 million 800 thousand tons of methanol to olefins, methanol to olefins by the end of 2016, the scale has exceeded 11 million tons.