4th Methanol Markets & Tech

4th Methanol Markets & Tech - Event details   02/17/2009 - 02/18/2009 SHARQ VILLAGE & SPA, Doha, QATAR   Description Global methanol market is being churned with tight margins and dropping volumes notwithstanding the 20 odd million mt of new capacities being planned. Economic slowdown following recessionary trends threaten to impact the petrochemical commodities including methanol leading to lower operating rates. Methanol producers are likely to come under increasing pressure to rationalise feed stocks position and output to balance falling prices with inventories. Even as China and the Middle East continue their dominance as major producers, the prospects for near term future indicate price volatilities, margin squeeze accompanied by feed stocks sourcing challenges. Sourcing competitive feedstocks for methanol is still a major challenge. The issue of coal versus natural gas based methanol and search for alternate feedstocks continues with no conclusive answer. Credit crunch and tight financial markets have threatened to put on hold many petrochemical projects. How many of the planned capacities will come on stream is now in a speculative zone. Methanol downstream derivative growth drivers are likely to impact the methanol market fundamentals. Margin squeeze in derivatives such as formaldehdye, acetic acid are likely to impact further growth in these applications. How are the methanol suppliers and downstream players geared for survival in the near term? Category Sustainable (Renewable) energy More details (event webpage):  www.cmtevents.com Apply for event:  Link Event language:  English Contact info: Centre for Management Technology   Phone: + 65 6345 7322 Fax: +65 6345 5928 Email: cynthia@cmtsp.com.sg

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