Latest news and articles about methanol from NEX English
Geely, the Chinese automotive company, has announced its new strategy to develop methanol as an energy alternative, highlighting the challenges faced by electric vehicles. This initiative aligns with the Chinese government's efforts to promote a shift towards green energy.
Pupuk Indonesia has announced plans to build two methanol plants to support the implementation of the B50 biodiesel program, aimed at enhancing the country's energy security. This initiative is part of Indonesia's efforts to reduce import dependence and boost local production.
US petrochemical prices have seen a notable increase, with methanol reaching its highest level in four years. This surge is driven by buyers seeking alternatives for essential materials used in plastic production due to supply disruptions in the Middle East.