Its role Owner
Methanex Corporation is a Canada-based chemical company and the world’s largest producer and supplier of methanol. Headquartered in Vancouver, it markets methanol for use in chemical manufacturing and energy applications.
The company operates or holds interests in production facilities in the United States (Geismar, Louisiana), Trinidad and Tobago, Chile, and New Zealand, supported by a global distribution and storage network. Methanex supplies methanol to customers in industries producing formaldehyde, acetic acid, MTBE, and other derivatives, and for emerging fuel applications.
Through its subsidiary Waterfront Shipping, Methanex manages a dedicated ocean-going fleet to deliver product worldwide, including methanol dual-fuel vessels. The company is active in initiatives to lower the carbon intensity of methanol supply and use, including expanding availability of lower-carbon methanol pathways. Methanex is publicly listed on the Toronto Stock Exchange (MX) and Nasdaq (MEOH).
Also known as Methanex Corporation.
chemXplore tracks 1 project involving Methanex.
Net profit USD 1m; sold ammonia distribution and monetized Methanex; OCI Nitrogen impaired and facing margin pressure; held‑for‑sale net cash USD 1.05bn; NNS offer and Orascom deal progressing.
Board (excluding Nassef and Nadia Sawiris) backs NNS cash offer and court-appointed directors agree to convene an EGM to approve the Orascom transaction, conditional on NNS declaring and settling the offer.
Sold 2,612,962 shares (~3.4%) in a block trade at US$52.85 each on 20 April; net proceeds ≈US$138.1M. May acquire or dispose of such securities in the future.
Block trade on 13 April; ownership fell from ~6.0% to ~3.4%. Transaction was for investment purposes; company may repurchase or further sell shares depending on market and the stock's performance.
OCI sold 3.3 million Methanex shares for $172.6 million, reducing its stake from 12.9% to 8.6%. Future transactions depend on market conditions and Methanex's performance.
Geopolitical tensions raise gas costs, impacting nitrogen production. OCI divests assets, plans merger with Orascom. Court halts shareholder vote pending inquiry. Revenue and EBITDA decline.
The Port of Immingham now offers bio-methanol bunkering, advancing maritime decarbonization and supporting the UK's clean energy goals.
OCI sells ammonia business, plans merger with Orascom, and reports financials. Beaumont project nears completion; strategic review yields $11.6B, with $7B distributed to shareholders.
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