Which methanol plant performs well?
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The market conditions are poor this year; several coking plants in the area around our factory have stopped operating. As a result, the supply of gas to our factory has decreased, and we have already started laying off employees. Hey, what’s going on here?
Methanol prices are high in the Northeast, especially in Heilongjiang
It is more beneficial to produce liquid methane and ammonia at the coke oven gas production site. If producing methanol, one should consider changing careers, as it doesn’t earn much money.
Our facility also has ammonia; it seems it’s not as effective as methanol
A couple of years ago, I heard that the Jiutai methanol plant in Inner Mongolia was doing well – back when coal prices were 30% higher than they are now, the cost of methanol was 1,400, while its selling price was 2,000; that must have meant huge profits. I wonder how things are now?
In the coal-to-methanol industry, it’s only in the Northwest and Inner Mongolia that profits can be made, right? The raw materials are extremely cheap; refined coal with 6,500 kcal per unit costs only 150 yuan per ton, which is really affordable.
Let’s go ahead – this post needs to be discussed in depth. After all, there aren’t many methanol plants that are profitable these days, so everyone should come and take a look. However, factories with a large range of products have it easier; if one path isn’t working, another will. Yantai Wanhua, Jiangsu Supor, and Linggu all are performing fairly well; the economic crisis has had little impact on them. With a variety of products available, they can switch to those that are more profitable, making it easy for them to adjust.
The key is the price of the coal you bring in to the plant and the price of the methanol that comes out；