Methanol fuel in China is growing! Pleasant surprise, but once I think about it not unexpected. Instead of Corn, China is focused on using Coal, and now China is the world's largest Methanol Producer. In 2007 4.7 billion gallons of Methanol were produced. By 2012 10% of China's oil will be supplied by Methanol per a 2006 article, I would not be surprised if it is much more than that. If you have a bit of extra cash, a report that should answer many questions on this - Methanol Market Research (China) :: 6 Octuber 2008. There is also the issue that there is a shortage of coal, which has increased the price of coal due to the shutdown of unsafe mines that produced a lot of coal in China.

Labels: china's future