Methanol Stocks List
Symbol | Grade | Name | % Change | |
---|---|---|---|---|
LYB | A | LyondellBasell Industries NV | 1.35 | |
MEOH | A | Methanex Corporation | 1.81 | |
FCEL | F | FuelCell Energy, Inc. | -5.01 |
Related Industries: Chemicals Specialty Chemicals Utilities - Independent Power Producers
Symbol | Grade | Name | Weight | |
---|---|---|---|---|
RDIV | A | RevenueShares Ultra Dividend Fund | 5.31 | |
HYDR | F | Global X Hydrogen ETF | 4.88 | |
WBIY | B | WBI Power Factor High Dividend ETF | 4.88 | |
DIVY | C | Sound Equity Income ETF | 4.69 | |
HDRO | F | Defiance Next Gen H2 ETF | 4.31 |
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- Methanol
Methanol, also known as methyl alcohol amongst other names, is a chemical with the formula CH3OH (a methyl group linked to a hydroxyl group, often abbreviated MeOH). It is a light, volatile, colourless, flammable liquid with a distinctive alcoholic odour similar to that of ethanol.
A polar solvent, methanol acquired the name wood alcohol because it was once produced chiefly by the destructive distillation of wood. Today, methanol is mainly produced industrially by hydrogenation of carbon monoxide.It is extremely dangerous to the liver and can cause blindness depending upon the concentration and the time of exposition.
Methanol consists of a methyl group linked to a polar hydroxyl group. With more than 20 million tons produced annually, it is used as a precursor to other commodity chemicals, including formaldehyde, acetic acid, methyl tert-butyl ether, methyl benzoate, anisole, peroxyacids, as well as a host of more specialised chemicals.
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