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The global methanol industry is now faced with a low price energy market landscape, a general global economic slowdown as well as a lower price environment for many products reliant on methanol in the supply chain. Methanol demand continues to grow, but the emerging large incremental demand must have methanol at affordable price levels. MTO is expected to underpin industry growth in the coming years, but the excess of olefins expected from the US and Middle East regions are expected to depress prices and negatively impact MTO economics and operating rates. At the same time, US methanol capacity expansion plans remain aplenty, but clearly challenged by the current pricing outlook.
It is again more important than ever to understand the crude and global economic outlooks that experts are forecasting and the timing/likelihood of the significant amount of future methanol capacity in discussion. Join more than 250 global market participants gather to hear from industry experts, network and gain insights to plan for the future of the industry at this must-attend event!
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