Advertisement

BEIJING (Reuters) - Nearly 3 million tonnes of methanol gets blended yearly into China's rapidly growing gasoline market, replacing a slice of demand for the refined oil product, a trend largely unnoticed by the industry.

The alternative alcohol fuel, distinct from biofuel ethanol as it is made from natural gas and coal, is a key to explain why China's gasoline consumption lags its ballooning fleet of new cars and why China remains a leading gasoline exporter in Asia.

SOURCE

Advertisement
Advertisement