NASDAQ Framework: Methanex Corporation

World's largest methanol producer and supplier 1.
1: About Methanex Corporation Methanex Corporation is the world's largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. The company's methanol production sites are located in New Zealand, the United States, Trinidad, Chile, Egypt, and Canada. Methanex is headquartered in Vancouver, Canada, and the company's common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. For more information, please visit www.methanex.com. View Source
Methanex Corporation is the world’s largest producer and supplier of methanol, serving major international markets in North America, Asia Pacific, Europe, and South America 23. Headquartered in Vancouver, Canada, Methanex operates methanol production sites across the globe, including the United States, New Zealand, Trinidad, Chile, Egypt, and Canada 45. The company’s common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH 6. Methanol, an essential chemical building block, is integral to everyday life and plays a key role in achieving a low-carbon future 7.
2: About Methanex Corporation Methanex Corporation is the world's largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. The company's methanol production sites are located in New Zealand, the United States, Trinidad, Chile, Egypt, and Canada. Methanex is headquartered in Vancouver, Canada, and the company's common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. For more information, please visit www.methanex.com. View Source3: Methanex Corporation is the world’s largest producer and supplier of methanol. View Source4: About Methanex Corporation Methanex Corporation is the world's largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. The company's methanol production sites are located in New Zealand, the United States, Trinidad, Chile, Egypt, and Canada. Methanex is headquartered in Vancouver, Canada, and the company's common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. For more information, please visit www.methanex.com. View Source5: We make an essential product that improves everyday life and provides solutions for a sustainable future. We are the world’s largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe and South America. Our methanol production sites are located in the United States, New Zealand, Trinidad, Chile, Egypt and Canada. We are headquartered in Vancouver, Canada, and the company’s common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. Methanol is essential to everyday life today, and a pathway to a low-carbon future tomorrow. As a key chemical building block or as a fuel, when made from renewable sources, methanol can help society achieve its decarbonization goals. Methanol is an essential chemical building block for hundreds of consumer and industrial products, including paints, carpets, fabrics, building materials, and a variety of health and pharmaceutical products. It’s also difficult to substitute based on its unique chemistry, scale, ease of transport and cost. A cleaner-burning fuel, methanol can help improve air quality by reducing emissions compared to traditional fuels such as diesel or coal. As it can be made from renewable sources, methanol fuel can also help society achieve its decarbonization goals. Methanex can be visited online at http://www.methanex.com. View Source6: About Methanex Corporation Methanex Corporation is the world's largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe, and South America. The company's methanol production sites are located in New Zealand, the United States, Trinidad, Chile, Egypt, and Canada. Methanex is headquartered in Vancouver, Canada, and the company's common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. For more information, please visit www.methanex.com. View Source7: We make an essential product that improves everyday life and provides solutions for a sustainable future. We are the world’s largest producer and supplier of methanol to major international markets in Asia Pacific, North America, Europe and South America. Our methanol production sites are located in the United States, New Zealand, Trinidad, Chile, Egypt and Canada. We are headquartered in Vancouver, Canada, and the company’s common shares trade on the Toronto Stock Exchange under the symbol MX and on the NASDAQ Global Select Market under the symbol MEOH. Methanol is essential to everyday life today, and a pathway to a low-carbon future tomorrow. As a key chemical building block or as a fuel, when made from renewable sources, methanol can help society achieve its decarbonization goals. Methanol is an essential chemical building block for hundreds of consumer and industrial products, including paints, carpets, fabrics, building materials, and a variety of health and pharmaceutical products. It’s also difficult to substitute based on its unique chemistry, scale, ease of transport and cost. A cleaner-burning fuel, methanol can help improve air quality by reducing emissions compared to traditional fuels such as diesel or coal. As it can be made from renewable sources, methanol fuel can also help society achieve its decarbonization goals. Methanex can be visited online at http://www.methanex.com. View Source
UNKNOWN

The provided facts do not contain information about the founders of Methanex Corporation or their current involvement in the company.
LOW RISK

Methanex Corporation is currently profitable, with a net income attributable to Methanex shareholders of $53 million and an Adjusted EBITDA of $160 million in the first quarter of 2024 8. The company has also renewed its US$300 million revolving credit facility and added an additional US$200 million tranche, indicating strong financial backing 9. Furthermore, Methanex has been actively investing in sustainability and carbon capture projects, showcasing its commitment to long-term growth and environmental responsibility 101112. These factors collectively suggest a stable financial situation with the ability to cover its costs and spending plans.
8: Methanex and Entropy Partner to Reduce Emissions in Methanol Production Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in AlbertaVANCOUVER, British Columbia and CALGARY. Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (“Methanex”) (TSX:MX) (NASDAQ:MEOH), one of the world’s largest methanol producers and suppliers and Entropy Inc. (“Entropy”), a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (“Pre-FEED”) st GlobeNewswire • 3 days ago Methanex Corporation Provides Update on Egypt Operations VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply. Methanex i GlobeNewswire • last month Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the m GlobeNewswire • 2 months ago Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are e GlobeNewswire • 2 months ago Methanex Renews and Adds New Tranche to Revolving Credit Facility VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company’s existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Rich GlobeNewswire • 2 months ago Methanex Releases 2023 Sustainability Report VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability topics that are most material to the company and its stakeholders. “Our top priority continues to be the safety and well-being of our team members and communities where we do business. Our Sustainability Report outlines Methanex’s commitment as the methanol leader to set the highest standards for the GlobeNewswire • 4 months ago Methanex Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the ve GlobeNewswire • 4 months ago Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up Process Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourth quarter. The average realized price in the fourth quarter was $322 per tonne compared to $303 per tonne in the third quarter of 2023.Full year 2023 net income attributable to Methanex shareholders of $174 million and Adjusted EBITDA of $622 million.Fourth quarter production was higher compared to GlobeNewswire • 5 months ago Methanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor Conference VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation’s (TSX:MX) (NASDAQ:MEOH) President and CEO, Mr. Rich Sumner, will participate in a fireside chat at the 27th Annual CIBC Western Institutional Investor Conference on Thursday, January 18, 2024. A recording of Mr. Sumner’s remarks will be available on the Investor Relations section of Methanex’s website at https://www.methanex.com/investor-relations/events after the conference. Methanex is a Vancouver-based, publi GlobeNewswire • 6 months ago Methanex Reports Third Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter. The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.Geismar 3 ("G3") project is progressing safely to plan and construction is near completion with commercial production expected around the end of 2023. The remaining c GlobeNewswire • 8 months ago Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program. Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, GlobeNewswire • 8 months ago Methanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® Awards VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce it is the recipient of three 2022 Responsible Care® awards from the Chemical Industry Association of Canada (CIAC). The awards recognize companies that have shown exceptional leadership and outstanding performance in implementing Responsible Care over the past year. “We’re honoured to be a recipient of the Respon GlobeNewswire • 8 months ago Methanex Corporation Provides Update on Trinidad and Tobago Operations VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has signed a two-year natural gas agreement with the National Gas Company of Trinidad and Tobago (NGC) for its currently idled, wholly owned, Titan methanol plant (“Titan”) (875,000 tonnes per year capacity) to restart operations in September 2024. Simultaneously, the Company announced its intention to idle the Atlas methanol plant (“Atlas”) (Methanex interest 63.1% GlobeNewswire • 9 months ago Methanex Corporation Appoints John Sampson to its Board of Directors VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023. With a career spanning 40 years in the chemical and materials sector, Mr. Sampson brings a wealth of industry knowledge and business acumen. From 1996 to 2015, Mr. Sampson held a variety of increasingly se GlobeNewswire • 9 months ago Methanex Reports Second Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remai GlobeNewswire • 11 months ago View Source9: Methanex and Entropy Partner to Reduce Emissions in Methanol Production Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in AlbertaVANCOUVER, British Columbia and CALGARY. Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (“Methanex”) (TSX:MX) (NASDAQ:MEOH), one of the world’s largest methanol producers and suppliers and Entropy Inc. (“Entropy”), a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (“Pre-FEED”) st GlobeNewswire • 3 days ago Methanex Corporation Provides Update on Egypt Operations VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply. Methanex i GlobeNewswire • last month Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the m GlobeNewswire • 2 months ago Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are e GlobeNewswire • 2 months ago Methanex Renews and Adds New Tranche to Revolving Credit Facility VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company’s existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Rich GlobeNewswire • 2 months ago Methanex Releases 2023 Sustainability Report VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability topics that are most material to the company and its stakeholders. “Our top priority continues to be the safety and well-being of our team members and communities where we do business. Our Sustainability Report outlines Methanex’s commitment as the methanol leader to set the highest standards for the GlobeNewswire • 4 months ago Methanex Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the ve GlobeNewswire • 4 months ago Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up Process Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourth quarter. The average realized price in the fourth quarter was $322 per tonne compared to $303 per tonne in the third quarter of 2023.Full year 2023 net income attributable to Methanex shareholders of $174 million and Adjusted EBITDA of $622 million.Fourth quarter production was higher compared to GlobeNewswire • 5 months ago Methanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor Conference VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation’s (TSX:MX) (NASDAQ:MEOH) President and CEO, Mr. Rich Sumner, will participate in a fireside chat at the 27th Annual CIBC Western Institutional Investor Conference on Thursday, January 18, 2024. A recording of Mr. Sumner’s remarks will be available on the Investor Relations section of Methanex’s website at https://www.methanex.com/investor-relations/events after the conference. Methanex is a Vancouver-based, publi GlobeNewswire • 6 months ago Methanex Reports Third Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter. The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.Geismar 3 ("G3") project is progressing safely to plan and construction is near completion with commercial production expected around the end of 2023. The remaining c GlobeNewswire • 8 months ago Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program. Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, GlobeNewswire • 8 months ago Methanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® Awards VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce it is the recipient of three 2022 Responsible Care® awards from the Chemical Industry Association of Canada (CIAC). The awards recognize companies that have shown exceptional leadership and outstanding performance in implementing Responsible Care over the past year. “We’re honoured to be a recipient of the Respon GlobeNewswire • 8 months ago Methanex Corporation Provides Update on Trinidad and Tobago Operations VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has signed a two-year natural gas agreement with the National Gas Company of Trinidad and Tobago (NGC) for its currently idled, wholly owned, Titan methanol plant (“Titan”) (875,000 tonnes per year capacity) to restart operations in September 2024. Simultaneously, the Company announced its intention to idle the Atlas methanol plant (“Atlas”) (Methanex interest 63.1% GlobeNewswire • 9 months ago Methanex Corporation Appoints John Sampson to its Board of Directors VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023. With a career spanning 40 years in the chemical and materials sector, Mr. Sampson brings a wealth of industry knowledge and business acumen. From 1996 to 2015, Mr. Sampson held a variety of increasingly se GlobeNewswire • 9 months ago Methanex Reports Second Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remai GlobeNewswire • 11 months ago View Source10: Methanex and Entropy Partner to Reduce Emissions in Methanol Production Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in AlbertaVANCOUVER, British Columbia and CALGARY. Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (“Methanex”) (TSX:MX) (NASDAQ:MEOH), one of the world’s largest methanol producers and suppliers and Entropy Inc. (“Entropy”), a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (“Pre-FEED”) st GlobeNewswire • 3 days ago Methanex Corporation Provides Update on Egypt Operations VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply. Methanex i GlobeNewswire • last month Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the m GlobeNewswire • 2 months ago Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are e GlobeNewswire • 2 months ago Methanex Renews and Adds New Tranche to Revolving Credit Facility VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company’s existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Rich GlobeNewswire • 2 months ago Methanex Releases 2023 Sustainability Report VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability topics that are most material to the company and its stakeholders. “Our top priority continues to be the safety and well-being of our team members and communities where we do business. Our Sustainability Report outlines Methanex’s commitment as the methanol leader to set the highest standards for the GlobeNewswire • 4 months ago Methanex Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the ve GlobeNewswire • 4 months ago Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up Process Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourth quarter. The average realized price in the fourth quarter was $322 per tonne compared to $303 per tonne in the third quarter of 2023.Full year 2023 net income attributable to Methanex shareholders of $174 million and Adjusted EBITDA of $622 million.Fourth quarter production was higher compared to GlobeNewswire • 5 months ago Methanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor Conference VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation’s (TSX:MX) (NASDAQ:MEOH) President and CEO, Mr. Rich Sumner, will participate in a fireside chat at the 27th Annual CIBC Western Institutional Investor Conference on Thursday, January 18, 2024. A recording of Mr. Sumner’s remarks will be available on the Investor Relations section of Methanex’s website at https://www.methanex.com/investor-relations/events after the conference. Methanex is a Vancouver-based, publi GlobeNewswire • 6 months ago Methanex Reports Third Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter. The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.Geismar 3 ("G3") project is progressing safely to plan and construction is near completion with commercial production expected around the end of 2023. The remaining c GlobeNewswire • 8 months ago Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program. Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, GlobeNewswire • 8 months ago Methanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® Awards VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce it is the recipient of three 2022 Responsible Care® awards from the Chemical Industry Association of Canada (CIAC). The awards recognize companies that have shown exceptional leadership and outstanding performance in implementing Responsible Care over the past year. “We’re honoured to be a recipient of the Respon GlobeNewswire • 8 months ago Methanex Corporation Provides Update on Trinidad and Tobago Operations VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has signed a two-year natural gas agreement with the National Gas Company of Trinidad and Tobago (NGC) for its currently idled, wholly owned, Titan methanol plant (“Titan”) (875,000 tonnes per year capacity) to restart operations in September 2024. Simultaneously, the Company announced its intention to idle the Atlas methanol plant (“Atlas”) (Methanex interest 63.1% GlobeNewswire • 9 months ago Methanex Corporation Appoints John Sampson to its Board of Directors VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023. With a career spanning 40 years in the chemical and materials sector, Mr. Sampson brings a wealth of industry knowledge and business acumen. From 1996 to 2015, Mr. Sampson held a variety of increasingly se GlobeNewswire • 9 months ago Methanex Reports Second Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remai GlobeNewswire • 11 months ago View Source11: Calgary/Canada – Methanex Corporation, one of the world’s largest methanol producers and suppliers and Entropy, a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (Pre-Feed) study for carbon capture, utilization and sequestration (CCUS) deployment at Methanex’s Medicine Hat, Alberta facility. This collaboration will leverage Entropy’s proprietary modular post-combustion carbon capture technology and Methanex’s manufacturing expertise to utilize a portion of the captured CO2 to produce additional methanol, showcasing the leadership of two Canadian companies in the low-carbon transition. Upon final investment decision, Entropy will construct and own the capture equipment adjacent to Methanex’s facility and Methanex will supply the utilities, build the tie-ins to its facility and operate the capture equipment once commissioned. View Source12: Methanex Corporation MEOH and Entropy Inc., a leader in carbon capture and storage solutions, have agreed to invest in a preliminary front-end engineering and design study for carbon capture, utilization and sequestration (CCUS) deployment at its Medicine Hat, AB facility. This partnership will use Entropy's proprietary modular post-combustion carbon capture technology and Methanex's manufacturing skills to utilize some of the captured CO2 to produce additional methanol, demonstrating the leadership of two Canadian companies in the low-carbon transition. Following the final investment decision, Entropy will build and own the capture equipment adjacent to Methanex's facility, while Methanex will supply utilities, install tie-ins to its facility, and operate the capture equipment once commissioned.The primary project highlights consist of the goal to capture about 400 tons of CO2 per day from emissions. The economic impact entails about C$100 million (roughly $75 million) investment, the majority of which will come from Entropy. The investment is expected to generate approximately 200 construction jobs and numerous permanent jobs once operational. A portion of the captured CO2 will be used as feedstock to manufacture an extra 50,000 tons of methanol per year, with the remainder safely stored underground.Shares of Methanex have gained 21.7% over the past year against a 7.8% decline of its industry. View Source
NO

The provided facts do not indicate that Methanex Corporation is launching any new product offerings. The information focuses on their existing operations, financial updates, sustainability efforts, and partnerships, but does not mention any new products being introduced.
Methanex Corporation's product roadmap and expansion strategy for 2024 through to 2026 focuses on sustainability and operational growth. The company is investing in a Preliminary Front-End Engineering and Design (Pre-FEED) study for carbon capture, utilization, and sequestration (CCUS) deployment at its Medicine Hat, Alberta facility, in partnership with Entropy Inc. 131415. This project aims to capture approximately 400 tonnes of CO2 per day, with a portion used to produce an additional 50,000 tonnes of methanol annually 16. Methanex is also committed to reducing its global GHG emission intensity by 10% by 2030 and advancing at least one low carbon solutions project into Pre-FEED in 2024 1718. The company plans to restart its Titan methanol plant in Trinidad and Tobago in September 2024, while idling the Atlas methanol plant 19. Additionally, Methanex is progressing with repairs to its Geismar 3 plant, expected to start up in the third quarter of 2024 20. These initiatives reflect Methanex's focus on enhancing production capacity, sustainability, and environmental responsibility.
13: Methanex and Entropy Partner to Reduce Emissions in Methanol Production Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in AlbertaVANCOUVER, British Columbia and CALGARY. Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (“Methanex”) (TSX:MX) (NASDAQ:MEOH), one of the world’s largest methanol producers and suppliers and Entropy Inc. (“Entropy”), a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (“Pre-FEED”) st GlobeNewswire • 3 days ago Methanex Corporation Provides Update on Egypt Operations VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply. Methanex i GlobeNewswire • last month Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the m GlobeNewswire • 2 months ago Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are e GlobeNewswire • 2 months ago Methanex Renews and Adds New Tranche to Revolving Credit Facility VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company’s existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Rich GlobeNewswire • 2 months ago Methanex Releases 2023 Sustainability Report VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability topics that are most material to the company and its stakeholders. “Our top priority continues to be the safety and well-being of our team members and communities where we do business. Our Sustainability Report outlines Methanex’s commitment as the methanol leader to set the highest standards for the GlobeNewswire • 4 months ago Methanex Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the ve GlobeNewswire • 4 months ago Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up Process Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourth quarter. The average realized price in the fourth quarter was $322 per tonne compared to $303 per tonne in the third quarter of 2023.Full year 2023 net income attributable to Methanex shareholders of $174 million and Adjusted EBITDA of $622 million.Fourth quarter production was higher compared to GlobeNewswire • 5 months ago Methanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor Conference VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation’s (TSX:MX) (NASDAQ:MEOH) President and CEO, Mr. Rich Sumner, will participate in a fireside chat at the 27th Annual CIBC Western Institutional Investor Conference on Thursday, January 18, 2024. A recording of Mr. Sumner’s remarks will be available on the Investor Relations section of Methanex’s website at https://www.methanex.com/investor-relations/events after the conference. Methanex is a Vancouver-based, publi GlobeNewswire • 6 months ago Methanex Reports Third Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter. The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.Geismar 3 ("G3") project is progressing safely to plan and construction is near completion with commercial production expected around the end of 2023. The remaining c GlobeNewswire • 8 months ago Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program. Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, GlobeNewswire • 8 months ago Methanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® Awards VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce it is the recipient of three 2022 Responsible Care® awards from the Chemical Industry Association of Canada (CIAC). The awards recognize companies that have shown exceptional leadership and outstanding performance in implementing Responsible Care over the past year. “We’re honoured to be a recipient of the Respon GlobeNewswire • 8 months ago Methanex Corporation Provides Update on Trinidad and Tobago Operations VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has signed a two-year natural gas agreement with the National Gas Company of Trinidad and Tobago (NGC) for its currently idled, wholly owned, Titan methanol plant (“Titan”) (875,000 tonnes per year capacity) to restart operations in September 2024. Simultaneously, the Company announced its intention to idle the Atlas methanol plant (“Atlas”) (Methanex interest 63.1% GlobeNewswire • 9 months ago Methanex Corporation Appoints John Sampson to its Board of Directors VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023. With a career spanning 40 years in the chemical and materials sector, Mr. Sampson brings a wealth of industry knowledge and business acumen. From 1996 to 2015, Mr. Sampson held a variety of increasingly se GlobeNewswire • 9 months ago Methanex Reports Second Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remai GlobeNewswire • 11 months ago View Source14: Calgary/Canada – Methanex Corporation, one of the world’s largest methanol producers and suppliers and Entropy, a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (Pre-Feed) study for carbon capture, utilization and sequestration (CCUS) deployment at Methanex’s Medicine Hat, Alberta facility. This collaboration will leverage Entropy’s proprietary modular post-combustion carbon capture technology and Methanex’s manufacturing expertise to utilize a portion of the captured CO2 to produce additional methanol, showcasing the leadership of two Canadian companies in the low-carbon transition. Upon final investment decision, Entropy will construct and own the capture equipment adjacent to Methanex’s facility and Methanex will supply the utilities, build the tie-ins to its facility and operate the capture equipment once commissioned. View Source15: Methanex Corporation MEOH and Entropy Inc., a leader in carbon capture and storage solutions, have agreed to invest in a preliminary front-end engineering and design study for carbon capture, utilization and sequestration (CCUS) deployment at its Medicine Hat, AB facility. This partnership will use Entropy's proprietary modular post-combustion carbon capture technology and Methanex's manufacturing skills to utilize some of the captured CO2 to produce additional methanol, demonstrating the leadership of two Canadian companies in the low-carbon transition. Following the final investment decision, Entropy will build and own the capture equipment adjacent to Methanex's facility, while Methanex will supply utilities, install tie-ins to its facility, and operate the capture equipment once commissioned.The primary project highlights consist of the goal to capture about 400 tons of CO2 per day from emissions. The economic impact entails about C$100 million (roughly $75 million) investment, the majority of which will come from Entropy. The investment is expected to generate approximately 200 construction jobs and numerous permanent jobs once operational. A portion of the captured CO2 will be used as feedstock to manufacture an extra 50,000 tons of methanol per year, with the remainder safely stored underground.Shares of Methanex have gained 21.7% over the past year against a 7.8% decline of its industry. View Source16: Methanex Corporation MEOH and Entropy Inc., a leader in carbon capture and storage solutions, have agreed to invest in a preliminary front-end engineering and design study for carbon capture, utilization and sequestration (CCUS) deployment at its Medicine Hat, AB facility. This partnership will use Entropy's proprietary modular post-combustion carbon capture technology and Methanex's manufacturing skills to utilize some of the captured CO2 to produce additional methanol, demonstrating the leadership of two Canadian companies in the low-carbon transition. Following the final investment decision, Entropy will build and own the capture equipment adjacent to Methanex's facility, while Methanex will supply utilities, install tie-ins to its facility, and operate the capture equipment once commissioned.The primary project highlights consist of the goal to capture about 400 tons of CO2 per day from emissions. The economic impact entails about C$100 million (roughly $75 million) investment, the majority of which will come from Entropy. The investment is expected to generate approximately 200 construction jobs and numerous permanent jobs once operational. A portion of the captured CO2 will be used as feedstock to manufacture an extra 50,000 tons of methanol per year, with the remainder safely stored underground.Shares of Methanex have gained 21.7% over the past year against a 7.8% decline of its industry. View Source17: “We’re excited to advance this first-of-its-kind carbon capture solution in North America in collaboration with Entropy,” said Mark Allard, Senior Vice President, Low Carbon Solutions (LCS), Methanex. “This project exemplifies Methanex’s commitment to reduce our global GHG emission intensity by 10 % by 2030 and to advance at least one LCS project into Pre-Feed in 2024.” View Source18: Mark Allard, Senior Vice-President of Low Carbon Solutions at Methanex, said the project exemplifies Methanex’s commitment to reducing its greenhouse gas emission intensity by 10% by 2030 and advancing at least one low carbon solutions project into pre-FEED in 2024. View Source19: Methanex and Entropy Partner to Reduce Emissions in Methanol Production Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in AlbertaVANCOUVER, British Columbia and CALGARY. Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (“Methanex”) (TSX:MX) (NASDAQ:MEOH), one of the world’s largest methanol producers and suppliers and Entropy Inc. (“Entropy”), a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (“Pre-FEED”) st GlobeNewswire • 3 days ago Methanex Corporation Provides Update on Egypt Operations VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply. Methanex i GlobeNewswire • last month Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the m GlobeNewswire • 2 months ago Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are e GlobeNewswire • 2 months ago Methanex Renews and Adds New Tranche to Revolving Credit Facility VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company’s existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Rich GlobeNewswire • 2 months ago Methanex Releases 2023 Sustainability Report VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability topics that are most material to the company and its stakeholders. “Our top priority continues to be the safety and well-being of our team members and communities where we do business. Our Sustainability Report outlines Methanex’s commitment as the methanol leader to set the highest standards for the GlobeNewswire • 4 months ago Methanex Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the ve GlobeNewswire • 4 months ago Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up Process Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourth quarter. The average realized price in the fourth quarter was $322 per tonne compared to $303 per tonne in the third quarter of 2023.Full year 2023 net income attributable to Methanex shareholders of $174 million and Adjusted EBITDA of $622 million.Fourth quarter production was higher compared to GlobeNewswire • 5 months ago Methanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor Conference VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation’s (TSX:MX) (NASDAQ:MEOH) President and CEO, Mr. Rich Sumner, will participate in a fireside chat at the 27th Annual CIBC Western Institutional Investor Conference on Thursday, January 18, 2024. A recording of Mr. Sumner’s remarks will be available on the Investor Relations section of Methanex’s website at https://www.methanex.com/investor-relations/events after the conference. Methanex is a Vancouver-based, publi GlobeNewswire • 6 months ago Methanex Reports Third Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter. The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.Geismar 3 ("G3") project is progressing safely to plan and construction is near completion with commercial production expected around the end of 2023. The remaining c GlobeNewswire • 8 months ago Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program. Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, GlobeNewswire • 8 months ago Methanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® Awards VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce it is the recipient of three 2022 Responsible Care® awards from the Chemical Industry Association of Canada (CIAC). The awards recognize companies that have shown exceptional leadership and outstanding performance in implementing Responsible Care over the past year. “We’re honoured to be a recipient of the Respon GlobeNewswire • 8 months ago Methanex Corporation Provides Update on Trinidad and Tobago Operations VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has signed a two-year natural gas agreement with the National Gas Company of Trinidad and Tobago (NGC) for its currently idled, wholly owned, Titan methanol plant (“Titan”) (875,000 tonnes per year capacity) to restart operations in September 2024. Simultaneously, the Company announced its intention to idle the Atlas methanol plant (“Atlas”) (Methanex interest 63.1% GlobeNewswire • 9 months ago Methanex Corporation Appoints John Sampson to its Board of Directors VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023. With a career spanning 40 years in the chemical and materials sector, Mr. Sampson brings a wealth of industry knowledge and business acumen. From 1996 to 2015, Mr. Sampson held a variety of increasingly se GlobeNewswire • 9 months ago Methanex Reports Second Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remai GlobeNewswire • 11 months ago View Source20: Methanex and Entropy Partner to Reduce Emissions in Methanol Production Leading Canadian Companies Enter Pre-FEED for Carbon Capture Utilization and Sequestration Deployment in AlbertaVANCOUVER, British Columbia and CALGARY. Alberta, July 17, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (“Methanex”) (TSX:MX) (NASDAQ:MEOH), one of the world’s largest methanol producers and suppliers and Entropy Inc. (“Entropy”), a leader in carbon capture and storage solutions, have entered into an agreement to invest in a Preliminary Front-End Engineering and Design (“Pre-FEED”) st GlobeNewswire • 3 days ago Methanex Corporation Provides Update on Egypt Operations VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply. Methanex i GlobeNewswire • last month Methanex Reports on Annual General Meeting of Shareholders and Welcomes Roger Perreault to Its Board of Directors VANCOUVER, British Columbia, April 25, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced, in accordance with Toronto Stock Exchange requirements, the voting results from its Annual General Meeting held on April 25, 2024 in Vancouver, British Columbia. Voting Results from Annual General Meeting A total of 57,127,836 common shares were voted at the meeting, representing 84.78% of all outstanding shares. Shareholders voted in favour of all items of business before the m GlobeNewswire • 2 months ago Methanex Reports Higher First Quarter 2024 Earnings as Methanol Prices Increase Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $53 million and Adjusted EBITDA of $160 million in the first quarter. Our average realized price in the first quarter was $343 per tonne compared to $322 per tonne in the fourth quarter of 2023.Work is progressing to safely repair the Geismar 3 ("G3") plant and we believe that the plant is on track to start up in the third quarter of 2024. Repair costs are e GlobeNewswire • 2 months ago Methanex Renews and Adds New Tranche to Revolving Credit Facility VANCOUVER, British Columbia, April 24, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has renewed its US$300 million revolving credit facility, which replaces the Company’s existing revolving facility, and added an additional US$200 million tranche. The facility has been arranged with a syndicate of banks and will expire April 24, 2028 with the US$200 million tranche expiring April 24, 2026. RBC Capital Markets was the Arranger for the facility. Rich GlobeNewswire • 2 months ago Methanex Releases 2023 Sustainability Report VANCOUVER, British Columbia, March 08, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) released its 2023 Sustainability Report today to share its progress on the sustainability topics that are most material to the company and its stakeholders. “Our top priority continues to be the safety and well-being of our team members and communities where we do business. Our Sustainability Report outlines Methanex’s commitment as the methanol leader to set the highest standards for the GlobeNewswire • 4 months ago Methanex Provides Update on Geismar 3 Methanol Plant in Geismar, Louisiana VANCOUVER, British Columbia, Feb. 20, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process. This issue required the ATR to be cooled and brought to a safe state where teams could conduct detailed inspections of the ve GlobeNewswire • 4 months ago Methanex Reports Higher Fourth Quarter 2023 Earnings as Methanol Prices Strengthen; Geismar 3 in Start Up Process Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $33 million and Adjusted EBITDA of $148 million in the fourth quarter. The average realized price in the fourth quarter was $322 per tonne compared to $303 per tonne in the third quarter of 2023.Full year 2023 net income attributable to Methanex shareholders of $174 million and Adjusted EBITDA of $622 million.Fourth quarter production was higher compared to GlobeNewswire • 5 months ago Methanex Corporation to Speak at the 27th Annual CIBC Western Institutional Investor Conference VANCOUVER, British Columbia, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation’s (TSX:MX) (NASDAQ:MEOH) President and CEO, Mr. Rich Sumner, will participate in a fireside chat at the 27th Annual CIBC Western Institutional Investor Conference on Thursday, January 18, 2024. A recording of Mr. Sumner’s remarks will be available on the Investor Relations section of Methanex’s website at https://www.methanex.com/investor-relations/events after the conference. Methanex is a Vancouver-based, publi GlobeNewswire • 6 months ago Methanex Reports Third Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $24 million and Adjusted EBITDA of $105 million in the third quarter. The average realized price in the third quarter was $303 per tonne compared to $338 per tonne in the second quarter of 2023.Geismar 3 ("G3") project is progressing safely to plan and construction is near completion with commercial production expected around the end of 2023. The remaining c GlobeNewswire • 8 months ago Methanex Invests USD $2 Million to Support Decent Youth Employment in Egypt Through Partnership With International Labour Organization VANCOUVER, British Columbia, Oct. 23, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce that its Methanex Egypt office has signed a new five-year partnership with the International Labour Organization (ILO) Cairo Office to support the Decent Jobs for Egypt's Young People (DJEP) program. Through a USD $2 million donation by Methanex Egypt, the program will create 1,000 jobs, promote entrepreneurship, GlobeNewswire • 8 months ago Methanex's Commitment to Environment, Health and Safety Recognized With Three Responsible Care® Awards VANCOUVER, British Columbia, Oct. 20, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world’s largest producer and supplier of methanol, is pleased to announce it is the recipient of three 2022 Responsible Care® awards from the Chemical Industry Association of Canada (CIAC). The awards recognize companies that have shown exceptional leadership and outstanding performance in implementing Responsible Care over the past year. “We’re honoured to be a recipient of the Respon GlobeNewswire • 8 months ago Methanex Corporation Provides Update on Trinidad and Tobago Operations VANCOUVER, British Columbia, Oct. 13, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that it has signed a two-year natural gas agreement with the National Gas Company of Trinidad and Tobago (NGC) for its currently idled, wholly owned, Titan methanol plant (“Titan”) (875,000 tonnes per year capacity) to restart operations in September 2024. Simultaneously, the Company announced its intention to idle the Atlas methanol plant (“Atlas”) (Methanex interest 63.1% GlobeNewswire • 9 months ago Methanex Corporation Appoints John Sampson to its Board of Directors VANCOUVER, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) is pleased to announce the appointment of John Sampson, Senior Vice President, Operations, Manufacturing and Engineering at Dow Inc., to its Board of Directors effective October 1, 2023. With a career spanning 40 years in the chemical and materials sector, Mr. Sampson brings a wealth of industry knowledge and business acumen. From 1996 to 2015, Mr. Sampson held a variety of increasingly se GlobeNewswire • 9 months ago Methanex Reports Second Quarter 2023 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of $57 million and Adjusted EBITDA of $160 million in the second quarter. The average realized price in the second quarter was $338 per tonne compared to $371 per tonne in the first quarter of 2023.Geismar 3 ("G3") project is approximately 90% complete and is progressing safely, on time and on budget. Production expected in the fourth quarter of 2023. The remai GlobeNewswire • 11 months ago View Source