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New Methanol Plants to Increase Natural Gas Use

  • Author:valvemagazine
  • Source:valvemagazine.com
  • Release on:2019-03-11
New methanol plants under development in the U.S. are increasing natural gas consumption in the industrial sector. Methanol plants are among the most natural gas-intensive industrial end users and require natural gas both as a feedstock and for process heat. Three new plants expected to come online in 2019 and 2020 have a combined nameplate capacity of about 3.3 million metric tons per year (MMmt/y) and would increase total U.S. methanol capacity to 9.4 MMmt/y, or 25,600 metric tons per day (mt/d)—a 45% increase from the current U.S. capacity.