Lets reverse the problem as follows;
Suppose there is no throttle valve. The machine has fixed speed.
Process is working at its nominal capacity. Compressor is running normally.
Then Operator wants to increase methanol production capacity by 20%. What happens?
The gas is circulated into a big loop. If you increase the flow, pressure drop increases through the process loop.
Machine has constant speed. So with flow increase, discharge pressure reduces along constant speed curve. So this will not work.
What can therefore be envisaged, is to throttle the suction valve PV-149 at normal operation (and live with the wasted energy costs); say you throttle by 10% on normal case. Now comes the increase of capacity case, say the 20% extra methanol capacity. In this case, the valve is gradually opened, and so compressor generates higher discharge pressure ratio. In this way, discharge pressure corresponds to a known flow capacity level by knowing in advance system resistance and behavior. By manipulating the discharge pressure set point, the plant control can increase capacity to desired level as a bonus suction throttle valve is less closed so more energy efficient. We have to be clear PID is pressure control although indirectly the ultimate goal is flow capacity change.
Its also possible to develop similar thinking when sales gas composition is off spec etc. There would be a min and max case and throttle valve offers some flexibility. flexibility is limited, however and is at energy cost. The most flexible solution and energy efficient would be variable speed machine but that would be at higher capital cost.