Open AccessProspect of coal-based methanol market in Indonesia
Author(s) -
Triswan Suseno,
Datin Fatia Umar
Publication year - 2021
Publication title -
iop conference series. earth and environmental science
Language(s) - English
Resource type - Journals
eISSN - 1755-1307
pISSN - 1755-1315
DOI - 10.1088/1755-1315/882/1/012073
Subject(s) - methanol , petrochemical , raw material , coal , commodity , business , agricultural economics , waste management , environmental science , engineering , economics , chemistry , finance , organic chemistry
Coal is one of the commodities in the mining sector which is currently being pushed to strengthen the structure of the upstream petrochemical industry, including methanol as a raw material for various derivative industries, most of which are still imported. Currently, Indonesia has only one methanol plant with a production capacity of 660,000 tons. During 2023-2035, Indonesia needs an average of 1.77 million tons of methanol per year. If, until 2035, Indonesia does not add and build a methanol plant, then Indonesia will always import 1.51 million tons per year. Results indicate that the methanol plant, through coal gasification, can support the growth of the methanol-base industry to reach domestic needs and reduce imports. It can also as an export commodity to generate foreign exchange.