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Traditionally Methanol is used in a variety of industrial applications. Methanol is primarily used as an industrial solvent for inks, resins, adhesives to wood items, and dyes. It is used as a solvent in the manufacture of cholesterol, streptomycin, vitamins, hormones, and other pharmaceuticals.ethanol is used to produce a variety of chemicals, including formaldehyde and acetic acid. Formaldehyde is added to adhesives used in the wood industry, such as plywood, particle board and laminates.
With some redesigning, more methanol (up to 85%) can be used. The advantage for China is that the methanol can be produced from both coal and biomass via synthesis gas. This emphasis of using methanol as a fuel is reflected in the global production figures for methanol.anufacture of methanol. Methanol is manufactured from synthesis gas which is a mixture of carbon monoxide and hydrogen. The feedstock, over the last 40 or more years, has been oil or natural gas.