Junior Analyst
The global methanol industry is among the most rapidly developing ones. Russia is one of the largest exporters of methanol in the world, but today this is an industry with underrealized potential. The availability of low cost feedstock would allow to increase significantly the production of methanol.
In the study “Gas chemical industry Of Russia. Part 1. Methanol: only plans so far” VYGON Consulting experts have analyzed the global methanol industry and assessed the competitive advantages of Russia in the key markets, as well as the prospects of domestic consumption. The main barriers hindering the progressive development of the industry were identified.
The issues of attracting financing to the industry and simplifying the procedures of technical regulation are proposed, the mechanisms of organizing a coordinated work of state bodies and market participants are also described.