Client: A leading chemical company headquartered in Russia.
Challenge/Business Requirement
- Assess the market opportunity for Methanol globally, with a specific emphasis on China due to its dominant role in both consumption and supply.
- Evaluate the feasibility of Russia as a potential supply base for a proposed large-scale Methanol plant.
- Gain insights into CRF prices, Capex, OPEX, and raw material costs to inform strategic decision-making.
Scope of Work
- Market Opportunity Assessment:
- Conducted a comprehensive market assessment to forecast Methanol demand across major consuming countries.
- Evaluated Russia's potential as a supply base for a large-scale Methanol plant.
- Price Benchmarking:
- Benchmarked and forecasted CRF prices for Methanol at 40 key ports until 2035.
- Considered factors influencing prices, including demand dynamics and raw material cost fluctuations.
- Cost Analysis:
- Calculated Capex, OPEX, and raw material costs for major Methanol producers globally.
Conclusion/Outcome
TechSci Research delivered a comprehensive market assessment and price benchmarking study, providing the client with critical insights to inform their strategic decisions regarding Methanol production and market expansion. The study evaluated the global market opportunity, assessed Russia's potential as a supply base, and provided detailed cost analysis and price forecasts. This information empowers the client to make informed choices about their proposed large-scale Methanol plant and navigate the dynamic Methanol market effectively.