March 17th-19th, 2015, Qingdao, China

The 14th China Methanol & Derivatives Forum 2015 will be held by ENMORE on March 17th-19th, in Qingdao, China. More than 300 delegates from China and overseas are expected to share updates on China’s methanol and downstream market and seek cooperation.

In 2014, the methanol market experienced an unprecedented slump. In September 2014, the natural gas price downturn led to gas enterprises’ output reduction and suspension. Particularly in December 2014, the natural gas price dropped constantly due to nosedive of the crude oil market. In the meantime, methanol units for coal-to-olefins (CTO) project were put into production, so that China’s total methanol capacity exceeded 70 million tons. In the second half of 2014, international oil price suffered a heavy blow and plummeted continuously from US$ 107 per barrel in June. As at the beginning of January 2015, both WTI and Brent fell below US$ 50, which struck a serious blow at such energy industries as coal, natural gas, and shale gas and shale oil, etc.

In China, the oil price has dropped below the coal chemical products’ breakeven point, signifying that the coal chemical industry yields no profits. Some analysts predicted that if the oil price continues the trend of downturn for two or three more months, the coal chemical industry will encounter a dilemma: more output results in more losses. As a result, a lot of coal chemical enterprises have to face the risk of cash flow rupture.

Some of the topics to be discussed:

  • Against the backdrop of the nosedive of the crude oil market, bulk commodities witness a trend of decline on the whole. How will the methanol industry cope with challenges and survive?
  • Some of MTO units, which were newly established in 2014, will be put into production, so capacity in 2015 will increase largely. What are the future opportunities? What about the preparatory work for construction and operation of newly-increased MTO units?
  • Will China’s import and export market see significant changes on the premise of China’s methanol price following the international trend of decline?
  • Traditional downstream methanol industries are gloomy. Will they achieve further development and find a way out in the future?
  • What deserves high attention in operation with the change of the futures trading rules?

About ENMORE

ENMORE, formerly CBI China, as one of the largest event organizers, offers excellent learning, sharing and networking opportunities to senior level executives from various industries. Thanks to ENMORE China’s solid industry resources, its conferences and exhibitions focus on hot industry issues, up-to-date market situations and industry development trends. Since 2000, ENMORE has successfully organized over 1,200 events in more than 40 cities around the world.

ENMOREEllen Fan, +86-21-5155 1240ellenfan@enmore.com