Methanol 99.9% Virgin Grade - 5 Litre Container Included in Price Methanol, also known as methyl alcohol, wood alcohol, wood naphtha or wood spirits, is a chemical with the formula CH3OH (often abbreviated MeOH). Methanol acquired the name "wood alcohol" because it was once produced chiefly as a byproduct of the destructive distillation of wood. Modern methanol is produced in a catalytic industrial process directly from carbon monoxide, carbon dioxide, and hydrogen. Suitable for Biodiesel applications. This methanol is of the virgin grade material and has a minimum 99.9% purity which is essential for biodiesel applications.