Was recently talking to a guy who told me that there are 3 main places in the world that produce methanol. He said two were in China and the other one was in the U.S.-said they all produce 90% of the world's methanol. Anyone ever heard this before?
That doesn't sound right. IIRC methanol is produced during propane and NG refining. I thought all the gas refineries produced it.
We paid about $215/drum buying 6 drums a few months ago in S.C., but the price has come down again. We used to get it for $134/drum. Our supllier said the rapid increase was partly due the conversion of so many power plants to NG - the demand exceeded the supply for awhile. It appears to be stabilizing a bit now.
Kinda sucks we are still at the mercy of 'big oil', eh?