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Danish Authorities have approved Blue World Technologies' acquisition of Danish Power Systems

Following the press release on 13 January, where Blue World Technologies announced the acquisition of Danish Power System, the final approval from the Danish. ....

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Two Major Pacific Northwest Fossil Fuel Projects Dealt Massive Setbacks In One Day

Read time: 6 mins
By Nick Cunningham • Wednesday, January 20, 2021 - 15:12
Two enormous fossil fuel projects in the Pacific Northwest suffered devastating setbacks on Tuesday, severely dimming their prospects of ever moving forward.
On President Donald Trump’s last full day in office, the Federal Energy Regulatory Commission (FERC) met with a packed agenda, making key decisions on multiple pipeline projects and other matters affecting electricity markets.
One of the most significant decisions FERC issued was related to the Jordan Cove LNG export terminal, and the associated Pacific Connector Gas pipeline. The proposed project would export natural gas to Asia from a terminal on Oregon’s coast. ....

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FDA Analysis Prompts Rubbing Alcohol Recall

Soho Fresh is recalling one lot of rubbing alcohol, sent to retail stores across the country, after the FDA found that the product contains methanol. ....

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Methanol Market by Feedstock, Derivative, Sub-Derivative, End-use Industry and Region

Dublin, Jan. 11, 2021 (GLOBE NEWSWIRE) The "Methanol Market by Feedstock (Natural Gas, Coal), Derivative (Formaldehyde, MTO/MTP, Gasoline, MTBE, MMA), Sub-Derivative (UF/PF Resins, Olefins), End-use Industry (Construction, Automotive), and Region - Global Forecasts to 2025" report has been added to ResearchAndMarkets.com's offering. The global methanol market is projected to reach USD 26.7 billion by 2025, marking a CAGR of 5.5% between 2020 and 2025. Methanol finds applications in various end-use industries such as automotive, construction, electronics, solvents, pharmaceuticals, appliances, packaging, and insulation due to its unique properties. The automotive segment led the methanol market in 2019, accounting for a share of 24.8%, in terms of valueMTO/MTP is expected to be the fastest-growing derivative in the Methanol market during the forecast period.T MTO/MTP is the fastest-growing derivative segment in the methanol market. The growth is due to the rise in ....

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GlobalData: Russia, Iran and the US to lead globally in terms of methanol capacity additions by 2030

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Global methanol capacity is poised to see considerable growth by 2030, potentially increasing from 148.44 million tpy in 2019 to 310.94 million tpy in 2030, registering a total growth of 109%. Russia, Iran and the US are expected to drive capacity additions during the forecast period. Together these three countries will contribute around 59% of the total global methanol capacity additions, says GlobalData.
GlobalData’s report, ‘Global Methanol Capacity and Capital Expenditure Outlook to 2030’, reveals that Russia accounts for the highest capacity additions with 40.35 million tpy by 2030. Major capacity additions will be from the Sherwood Energy Maysky Methanol Plant with a capacity of 7.20 million tpy by 2030. ....

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