Nexolub has been active in methanol trading in Northern Europe. Methanol has several uses. It is an industrial solvent and is used as a raw material in the manufacture of formaldehyde. Methanol is also used as an antifreeze in vehicles, fuel for camping gas cylinders, solvent for inks, dyes, resins and adhesives.

Methanol (wood alcohol or methanol burn spirit) is an industrial chemical agent found in many cleaning products, antifreeze, paints and varnishes.