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Industry News | Time:Jan 3 2018 4:45PM
China's methanol capacity adjustment
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Million mt/yr End of 2016/Beginning of 2017 End of 2017/Beginning of 2018 Change
Effective capacity 70.74 78.175 7.435
Long-idled capacity 9.985 7.22 -2.765
Total capacity (including long-idled) 80.725 85.395 4.67
The increase in effective capacity includes 4.67 million mt/yr of new capacity, and 2.765 million mt/yr of old capacity that is long-idled but has become operational in 2017.
China's methanol plant operating rate will be calculated based on 78.175 million mt/yr of effective capacity in 2018.

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