Methanex Corporation (MEOH)

Methanex Corporation (MEOH) is a Canadian company that is the world’s largest producer and supplier of methanol to major international markets in North America, Asia Pacific, Europe, and South America. It was originally established in 1968 as a private company with government ownership before becoming a publicly-traded company in 1992. The company's headquarters is located in Vancouver, Canada.

Methanex Corporation has multiple production assets across the globe. These include methanol production plants in Canada, Trinidad and Tobago, Chile, Egypt, New Zealand and the United States. The geographically diverse nature of Methanex's supply sources allows for greater reliability and flexibility in meeting the needs of its customers. In total, its global operations are capable of producing up to 8.5 million tonnes of methanol annually.

Methanol, a key product of the company, is a versatile and environmentally-friendly chemical, used as a building block to produce countless everyday essential items, including resins, glues, plastics, synthetic fibres, pharmaceuticals, solvents, and antifreeze. It is also a clean-burning, renewable source of energy.

Essentially run as an integrated global business, the company sources methanol from its production sites and through contract agreements with third parties. Methanex undertakes an extensive logistics operation to ship methanol from locations with excess supply to those with high demand. The key markets for the company products are North America, Asia Pacific, Europe, and Latin America.

Methanex is committed to ensuring the safety and well-being of its employees, the communities where it operates, and the environment. They uphold this responsibility through implemented sustainability programs and their commitment to their Responsible Care ethic, aimed at minimizing its environmental footprint, protecting the health of their people, communities, and the world around them.

The company’s shares are listed and primarily traded on the Toronto Stock Exchange (TSX) under the trading symbol ‘MX’ and on the Nasdaq Global Market under the trading symbol ‘MEOH’. Methanex Corporation continues to be a leading global player in the methanol industry by leveraging its leadership position, global infrastructure, and customer focus to increase shareholder value while ensuring a reliable supply of quality methanol to the customers.