Opportunity
Market & Import Substitution
68% of national methanol supply is still imported - a substantial import substitution opportunity.
68% of methanol supply is still imported
In 2025, 68% of domestic methanol demand was still met by imports - a significant opening for local production to substitute those imports.
2x
BEC's 2 million tonnes per year capacity is capable of covering the whole of current national import demand - conserving foreign exchange and strengthening industrial resilience at the same time.
Route 1
Import substitution
Replacing the imported methanol that has supplied most of national demand to date - a proven market.
Route 2
Domestic growth
Biodiesel (B50+) and formaldehyde.
Route 3
Export & derivatives
Asian markets and derivatives (MTO, DME, marine fuels).