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| Natural Gas | |||||||||||||||||||||||||||||||
| Feed | |||||||||||||||||||||||||||||||
| Natural Gas to Methanol to Olefins - Process Schematic | |||||||||||||||||||||||||||||||
| of olefins such as ethylene (MTO) and propylene (MTP) at a commercial scale which can absorb | |||||||||||||||||||||||||||||||
| absorb significant quantities of methanol production. However, current market dynamics and process economics | |||||||||||||||||||||||||||||||
| and process economics leave both of these processes to a not too distant future date. | |||||||||||||||||||||||||||||||
| of methanol per 1 MT of ethylene. 1 MTO plant represents 2.5 MM MTPA of methanol. 1% ethylene demand met by MTO process represents 17% | |||||||||||||||||||||||||||||||
| of the global methanol production. Ethylene market currently 90 MMTPY will be growing to 160+ MMTPA by 2015. | |||||||||||||||||||||||||||||||
| Propylene market currently is 50 MMTPA growing to 105+ MMTPA by 2015. | |||||||||||||||||||||||||||||||
| These processes need methanol prices of less than $100/MT (methanol prices is 290$/MT in 2003) and the ethylene prices | |||||||||||||||||||||||||||||||
| of $500/MT and the propylene prices of $400/T. | |||||||||||||||||||||||||||||||
| Also, follow the links to other pages for the comparitive economics of the Methanol to MTO process at varying ethane, methanol | |||||||||||||||||||||||||||||||
| and ethylene prices. | |||||||||||||||||||||||||||||||
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