Tianchen Trade’s annual methanol imports rank among the top three among all traders in the country

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In terms of methanol imports, Tianchen Trading consistently ranks among the top three traders in China. Author/Source: China Tianchen; Date: December 23, 2021; Views: 8. According to the latest statistics from 2021, Tianchen Trading’s annual methanol imports reached 800,000 tons, keeping it firmly in the top three positions among Chinese traders. The scale of its operations continues to grow steadily, and its market position remains unshaken year after year. Guided by Tianchen Company’s development strategy of \"one core, multiple areas,\" Tianchen’s trading business adheres to the principles of being related to engineering projects, related to industries, and related to customers. It focuses on Tianchen Company’s engineering projects in order to build up its underwriting capabilities. In the development of business channels for methanol, leveraging the company’s status as a central state-owned enterprise and its proven track record in delivering high-quality projects, it enters into direct negotiations with factories abroad to establish partnerships, with trading services providing additional support for the exclusive distribution of engineering products. Through three years of business cooperation, both parties have gradually established a long-term, stable, and mutually dependent supply and sales relationship, with the advantages in sourcing for trade being firmly consolidated. As an important basic chemical raw material, methanol’s supply advantages will become particularly evident in the new materials manufacturing industry. The production of olefins from methanol has evolved into a diversified industrial chain with a very wide scope of activities. In terms of building trade channels, strategic partnerships have been established with leading domestic MTO plants and regional distributors; the trade division boasts one of the top three product capabilities in the country, and it will serve as an important support for the coordinated development of Tianchen Company’s various business areas. Furthermore, methanol is an important alternative as a new energy source in the era of global green development, and the import of methanol is well in line with China’s policies aimed at achieving carbon neutrality. Currently, methanol gasoline for vehicles and methanol fuel for ships are being actively promoted. Methanol produced from imported natural gas, which is the main focus of trade in this sector, offers advantages in terms of cleanliness and environmental friendliness.