The Asian methanol market
- Mitsubishi Gas Chemical Co., Inc., Tokyo (Japan)
For the purpose of this presentation, Asia has been broadly defined as a total of 15 countries, namely Japan, Korea, Taiwan, China, Hong Kong, the Philippines, Thailand, Malaysia, Singapore, Indonesia, Myanmar, India, Vietnam, Australia and New Zealand. In 1994 and the first half of 1995, the methanol industry and its derivative industries experienced hard time, because of extraordinarily high methanol prices. In spite of this circumstance, methanol demand in Asian countries has been growing steadily and remarkably, following Asian high economic growth. Most of this growth in demand has been and will continue to be met by outside supply. However, even with increased import of methanol from outside of Asia, as a result of this growth, Asian trade volume will be much larger in the coming years. Asian countries must turn their collective attention to making logistics and transportation for methanol and its derivatives more efficient in the Asian region to make better use of existing supply resources. The author reviews current economic growth as his main topic, and explains the forecast of the growth of methanol demand and supply in Asian countries in the near future.
- OSTI ID:
- 442774
- Report Number(s):
- CONF-951266-; TRN: IM9712%%199
- Resource Relation:
- Conference: 1995 world methanol conference, Phoenix, AZ (United States), 5-7 Dec 1995; Other Information: PBD: [1995]; Related Information: Is Part Of 1995 world methanol conference; PB: 293 p.
- Country of Publication:
- United States
- Language:
- English
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