... formula: CH3OH 2. Molecualr weight: 32.04 Functions: Methanol is mianly used as in the fields of chemical industry, ... , as well as a clean alternative fuel. Characteristics of Methanol1. Methanol is the simplest alcohol, and is a light, volatile, colorless ... an antifreeze, solvent, fuel, and as a denaturant for ethanol.3. it is also used for producing biodiesel via transesterification reaction ...