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SUGAR LAND, TX--(Marketwired - Feb 22, 2016) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Industrial Info expects the methanol segment of the Chemical Processing Industry to have some of the highest spending levels for the next three to five years. Trey Hamblet, Industrial Info's VP of Global Research for the industry, provided listeners with the latest information on this highly watched sector.
Methanol sold domestically is heavily used in the production of formaldehyde, a substance commonly found in plastics, home-building products, automotive parts and cosmetics. It is also used in the conversion of oil into biodiesel fuel. In other parts of the world, methanol is blended into gasoline in a way similar to ethanol in the U.S. for transportation fuels.
On March 31, Industrial Info will host a free online market outlook focusing on global trends in the Chemical Processing Industry. R.S.V.P. now!
Within this article: Details on the global methanol industry, with a video presentation featuring Trey Hamblet, Industrial Info's VP of Global Research for the Chemical Processing Industry.
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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.