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

<< Previous

Bullboard Posts

Next >>

Post by retiredcfon Sep 12, 2021 1:08pm

113 Views

Post# 33846395

Analyst Recommendation

Last stock in the clip; he also owns it personally. GLTA

https://www.bnnbloomberg.ca/video/brian-madden-s-past-picks~2278967

PAST TOP PICK

Methanex Corp(MX-T)

09/09/2021

(A Top Pick Sep 10/20, Up 68%) Shares were depressed last year. Methanol is used as a fuel additive. 14% global share. Now methanol prices are back up off the summer lows from last year. Incurred a loss last year. Low cost operator. Has contractural linkage with natural gas.

CHEMICALS

Brian Madden

$49.800

Owned

<< Previous

Bullboard Posts

Next >>

Understanding tax loss season and the “Santa Claus rally”