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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.


TSX:MX - Post by User

Methanex Corp
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Comment by MoneyKon Nov 11, 2020 12:35pm
233 Views
Post# 31877850

RE:anybody know this company and methanol industry

RE:anybody know this company and methanol industry

Average methanol price is $350.  Prices are currently below $350, but slowly increasing. 

At $350, this stock could go to $70-$80 with current production.  Anything above $350 could bring it back to $100+.

IMO.

MoneyK

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities