Methanol And Its Downstream Industries

China's methanol industry chain includes methanol, formaldehyde, methyl tert-butyl ether (MTBE), dimethyl ether, acetic acid and dimethylformamide (DMF). Methanol is widely used as a basic organic raw material and high-quality fuel. Mainly used in fine chemicals, plastics, etc. Methanol also can be used to produce formaldehyde, acetic acid, methyl chloride, methylamine, sulfur dimethyl and other organic products. It is one of the important raw materials for pesticides and medicines area. Methanol can be used as a new type of clean fuel after deep processing, and it can also be blended with gasoline for combustion. The reaction of methanol and ammonia can produce monomethylamine. Methanol can be produced from coal, especially inferior high-sulfur coal, and coke oven gas (COG). It can also be extracted from biomass (such as forest trees, organic waste, etc.). 

Methanol production is a mature industry in China, with simple production technology and low investment and production costs. As of the end of 2020, the total global methanol production capacity reached 175 million tons, of which China accounted for 102.76 million tons, accounting for 59% of the total production capacity. In recent years, Qingdao Hisea Chem has achieved great success in the production and export of methanol, acetic acid, and DMF. Click here to get the latest price for Methanol, Acetic Acid, and DMF.