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Methanex Corp T.MX

Alternate Symbol(s):  MEOH

Methanex Corporation is a producer and supplier of methanol to international markets in North America, Asia Pacific, Europe and South America. The Company’s operations consist of the production and sale of methanol, a commodity chemical. It operates production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago and the United States. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its Trinidad production site supplies methanol to all methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific, having two plants in Chile, Chile I and Chile IV. Its Egypt plant is located on the Mediterranean Sea and primarily supply methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. It also has interest in two methanol facilities in Beaumont, Texas, one of which also produces ammonia and methanol facility in Delfzijl, Netherlands.


TSX:MX - Post by User

Bullboard Posts
Comment by investor2003on Mar 22, 2007 10:00am
283 Views
Post# 12466937

wake up! Methanol prices are plunging in Europe &

wake up! Methanol prices are plunging in Europe &North America. Look at April-June contract prices almost halved. It's all there on Methanex website. Only Asia is holding but for how long, since Asian demand comes from Europe & North American economy which contribute to inflate Asian economy. When those developed countries become weaker, demand in Asia falls along with prices. Yes we had mild winter, but clearly, like Nat. Gas, and even oil, World demand is continuously falling. Expect, like my fellow previous poster said, many months of falling prices, or a crash in prices. In my book, we are having prices crash at this instant. I never saw prices crash like this. Strong sell and get the heck out of there , like the rest of the market
Bullboard Posts