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EIA: China’s use of methanol in liquid fuels has grown rapidly since 2000; >500K bpd in 2016

Green Car Congress

The report estimates consumption to have been more than 500,000 barrels per day (b/d) in 2016. Smaller amounts of China’s methanol supply are imported from the Middle East, Southeast Asia, South America, and the United States. Consumption of MTBE and other derivatives in China was estimated at 230,000 b/d in 2016.

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IHS Automotive forecasts 88.6M unit global light vehicle market in 2015; 2.4% growth

Green Car Congress

The size of the market contraction in Russia is the biggest wild card facing vehicle manufacturers across the European continent, if not the world, in 2015 and 2016.” South America. There was a stark change in 2014 South America automotive demand compared to 2013, when monthly sales broke the 500,000 unit mark seven times.

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