China Dominates Global Methanol Capacity and Demand, Surpassing North America and Western Europe, IHS Markit Says

Dateline City:
HOUSTON
Contacts
All Industries
IHS Media Relations, +1 303 305 8021
press@ihs.com
or
Chemicals; Energy; Natural Resources
Melissa Manning, +1 832 458 3840
melissa.manning@ihsmarkit.com

Chinese dominance and shifting market dynamics to drive discussions at IHS Markit 34th Annual World Methanol Conference

HOUSTON (Aug. 24, 2016) – Driven by significant economic growth during the past 15 years, China has surpassed North America and Western Europe to become the largest global consumer and producer of methanol (China now consumes 54 percent of global methanol demand), according to new analysis from IHS Markit (Nasdaq: INFO), a world leader in critical information, analytics and solutions.

Language:
English

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