1800 Waterfront Centre
Vancouver, BC, Canada
604-661-2600
http://www.methanex.com
TSX Completion
How much wood alcohol would Methanex make if Methanex would make alcohol from wood? The world's #1 producer of methanol (also known as wood alcohol), Methanex produces about 6 million tons per year from plants in Chile, Egypt, New Zealand, and Trinidad. Methanol is used to produce acetic acid, formaldehyde, and other chemicals, which are found in products such as adhesives, paints, plastic bottles, polyester, and solvents. Methanol also is used as a blending additive for gasoline called dimethyl ether (DME). It's also used to make methyl tertiary butyl ether (MTBE), whcih enhances octane and creates cleaner burning fuel, though production has declined because it has been found to be a groundwater contaminant.