MX 📈 Methanex - Overview

Methanex Corporation is a leading global supplier of methanol, with a diverse geographic presence that spans across key markets in China, Europe, the United States, South America, South Korea, Canada, and Asia. The company's methanol production and supply capabilities are complemented by its ability to purchase methanol from other producers under methanol offtake contracts and on the spot market, allowing it to maintain a consistent and reliable supply chain. This strategic approach enables Methanex to cater to the needs of its customers, which include major chemical and petrochemical producers that rely on methanol as a critical feedstock for their operations.

In addition to its production and supply activities, Methanex also invests in the ownership and leasing of storage and terminal facilities, which are essential for the efficient distribution of methanol to its customers. The company's logistics capabilities are further enhanced by its ownership and management of a fleet of approximately 30 ocean-going vessels, which provide a flexible and reliable means of transporting methanol to key markets around the world. By controlling its logistics and distribution network, Methanex is able to ensure that its customers receive their methanol shipments in a timely and cost-effective manner, which is critical for their operations.

With a history dating back to 1968, Methanex Corporation has established itself as a trusted and experienced player in the global methanol market. Headquartered in Vancouver, Canada, the company is well-positioned to serve the needs of its customers in key markets around the world. As a publicly traded company, Methanex is committed to delivering value to its shareholders, while also maintaining its focus on operational excellence, safety, and sustainability. Further information about the company can be found on its website at https://www.methanex.com, and its common stock is listed under the ISIN code CA59151K1084, classified under the GICS Sub Industry of Commodity Chemicals.