(PRWEB) April 25, 2013

According to a recent study by IHS Chemical, global demand for methanol is forecast to rise dramatically in the next ten years. China is driving most of that growth, with an expected CAGR of 12%. Despite planned capacity increases, IHS expects local demand to outstrip supply in China by the end of the forecast period. According to the study, China methanol consumption will triple from 2012 to 2022.

International Process Plants has a methanol production plant available for immediate sale. The plant was designed with methanol production technology for both low-pressure synthesis and distillation. Total capacity is 350 metric tons of methanol per day, using syngas as the raw material. In its current state, the plant can be operated by only two full-time employees per shift. The plant capacity can be increased by 20% with the addition of a pre-reactor.

The methanol process technology produces Grade AA methanol, which can be used to make acetic acid, formaldehyde, anti-knocking agents, alternative fuels, solvents, and vitamin products. Methanol products are used across many industries, including construction, automotives, electronics, appliances, paints/coatings, insulation, pharmaceuticals, packaging, and solvents.

The methanol plant process consists of a low-pressure synthesis loop (a recycle compressor,

feed/effluent exchanger, methanol reactor, final cooler, and crude methanol separator). The crude methanol, which is condensed downstream of the methanol reactor, is separated from unreacted gas in the separator and routed through an expansion drum to the crude methanol distillation. Water and minor quantities of byproducts formed in the synthesis are removed by an energy-saving three-column distillation system.

More information about the methanol plant can be found at ippe.com.

About International Process Plants

International Process Plants (IPP) is a self-funded global buyer and seller of surplus manufacturing facilities, process plants, industrial real estate, and individual equipment that are no longer needed by their original owners. 80% of IPPs purchases are from multinational companies and 20% are bought in distress situations. IPPs business model provides the opportunity for companies to acquire such assets at competitive prices and in a fraction of the lead time of building or buying new. IPP also serves as an outlet for companies looking to divest surplus assets quickly in a fiscally and environmentally conscious manner. IPP currently owns 17 complete plant sites including the land, buildings and equipment, 85 complete processes to be moved and operated elsewhere and a stock of 30,000 major pieces of process equipment. One of the largest firms in this business, IPP operates globally from its headquarters in the US and its company-owned operations in 16 other countries. In business for over 35 years, IPP serves 160,000 clients in the chemical, agrichemical, petrochemical, oil & gas, paper, plastic, power generation, metallurgical, fertilizer, artificial fiber, pharmaceutical and food industries. Learn more at http://www.ippe.com.