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In recent years, in order to make up for and replace the lack of oil resources and economic imbalances, Shanxi, Henan, Chongqing, Inner Mongolia, Gansu, Ningxia and Shaanxi, which have coal and natural gas resources, have set off an upsurge in the construction of methanol projects. Information on the start-up and production of the methanol project has been reported frequently. According to forecast, according to the current construction speed, the annual growth of methanol in China amounts to millions of tons. By 2010, the capacity of the methanol plant that has been approved and is being approved plus the existing methanol plant will reach 28 million tons, and the investment will reach more than 50 billion yuan. In just four or five years, China's annual methanol production capacity will be more than four times today.
Many experts pointed out that the average annual growth rate of methanol as a basic chemical raw material and solvent in China is about 15%, and an unexpected annual growth of several million tons will inevitably bring about capacity problems in the downstream market. Although methanol to olefins is a potential growth point for methanol, due to the lack of technical resources, the implementation of planning projects is still uncertain. Another important use of methanol is as a fuel to replace gasoline. There are two very different opinions on this use currently in the industry. One of the opinions is that China should not develop coal-made methanol or dimethyl ether as an alternative fuel for vehicles. In this case, the rate of development of methanol as a fuel instead of gasoline will not suddenly accelerate. If there is a major breakthrough in the methanol downstream product methanol to olefins, methanol protein technology, while methanol fuel to solve environmental and safety issues, then the methanol consumption may increase significantly. Otherwise, after the various methanol projects that are currently spreading have been completed, they will face great market risks.
Experts are also particularly concerned that the economic scale of some projects that have been built and under construction in China are unreasonable. Some enterprises are quick to make profits and the methanol project even follows the technology of the 1970s and 1980s. Such a methanol project is a waste of valuable resources and it is bound to cause confusion to the downstream market. In the current state of the methanol industry development policy is unclear, this kind of unreasonable methanol project is also on the fast track.
The construction of methanol projects around you chasing me to raise experts to question the most worrying development overheating
On September 13, an industry expert, who declined to be named, expressed an intense concern about the consequences of the current domestic methanol fever when interviewed by reporters. In recent interviews with reporters, a considerable number of experts questioned the raw materials, environmental protection, and promotion of the methanol market in particular.