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Last C$36.24 CAD
Change Today +1.31 / 3.75%
Volume 640.7K
MX On Other Exchanges
As of 4:00 PM 02/12/16 All times are local (Market data is delayed by at least 15 minutes).
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Company Description

Contact Info

1800 Waterfront Centre

200 Burrard Street

Vancouver, BC V6C 3M1


Phone: 604-661-2600


Methanex Corporation engages in producing and supplying methanol to markets in the Asia Pacific, North America, Europe and South America. The company’s total annual production capacity, including Methanex interests in jointly owned plants, is 8.3 million tonnes and is located in New Zealand, Trinidad, the United States, Egypt, Canada, and Chile. The company has marketing rights for 100% of the production from the jointly-owned plants in Trinidad and Egypt, which provides the company with an additional 1.3 million tonnes per year of methanol offtake supply when the plants are operating at full capacity. Sales and Marketing The company sells methanol on a worldwide basis to major markets through a marketing and distribution system with marketing offices in North America (Vancouver and Dallas), Europe (Brussels), the Asia Pacific (Hong Kong, Shanghai, Tokyo, Beijing and Seoul), Latin America (Santiago) and the Middle East (Dubai). Most of its customers are large global or regional petrochemical manufacturers or distributors. In addition to selling methanol that the company produces at its own facilities, the company also sells methanol that it purchases from other suppliers through methanol purchase agreements and on the spot market. Strategy The company’s primary objective is to create value by maintaining and enhancing its leadership in the global production, marketing and delivery of methanol to customers. To achieve this objective the company has a simple, clearly defined strategy: global leadership, low cost and operational excellence. History Methanex Corporation was founded in 1968. The company was incorporated under the laws of Alberta in 1968 and was continued under the Canada Business Corporations Act on March 5, 1992.


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