Methanex Corp T.MX

Alternate Symbol(s): MEOH

Chemicals Basic Materials

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.

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Methanex Corp

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Post by redrillon Oct 19, 2000 12:34am

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Post# 2677454

Reflection

Sometime back SOMEONE was noted to post(2121337) that the analysts estimates at$.35US were off base and the results would be closer to $.55US. As I read the news release I'd say the so called experts weren't to far off the mark this time and "our inside guy" on this board may have done a little to much pumping this time round. Not that the numbers are bad but there just doesn't seem to be the HUGE upside over expectations that posters were willing to 'bet the farm on' just a few short days(hours) ago. I'm sure we'll see some upside but with the market turmoil of the last few days , those seeking the big returns had better be PATIENT and be prepared for a 4 to 6 month ride to greater prosperity.

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