VANCOUVER, British Columbia, July 30, 2024 (GLOBE NEWSWIRE) -- For the second quarter of 2024, Methanex (TSX:MX) (NASDAQ:MEOH) reported net income attributable to Methanex shareholders of $35 million ($0.52 net income per common share on a diluted basis) compared to net income of $53 million ($0.77 net income per common share on a diluted basis) in the first quarter of 2024. Net income in the second quarter of 2024 was lower compared to the prior quarter primarily due to lower sales of Methanex-produced met ...

Methanex is a Vancouver-based, publicly traded company and is one of the world's largest producers and suppliers of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol "MX" and on the NASDAQ Global Select Market in the United States under the trading symbol "MEOH". Methanex can be visited online at www.methanex.com. VANCOUVER, British Columbia, July 18, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (the "Company" or ...

Methanex Corporation (MEOH) and Entropy Inc., a leader in carbon capture and storage solutions, have agreed to invest in a preliminary front-end engineering and design study for carbon capture, utilization and sequestration (CCUS) deployment at its Medicine Hat, AB facility. This partnership will use Entropy's proprietary modular post-combustion carbon capture technology and Methanex's manufacturing skills to utilize some of the captured CO2 to produce additional methanol, demonstrating the leadership of tw ...

Key Project Highlights: The Pre-FEED will also evaluate the economic viability of the project including access to pore space, carbon offtake agreements, municipal alignment, and funding from both Provincial and Federal carbon reduction programs. "We are pleased to be collaborating with Methanex, a global leader with Canadian roots, on this groundbreaking CCUS project," said Mike Belenkie, President and CEO of Entropy. "Our CCS technology is designed to reduce carbon emissions to the atmosphere as economical ...

Key Project Highlights: "We're excited to advance this first-of-its-kind carbon capture solution in North America in collaboration with Entropy," said Mark Allard, Senior Vice President, Low Carbon Solutions ("LCS"), Methanex. "This project exemplifies Methanex's commitment to reduce our global GHG emission intensity by 10% by 2030 and to advance at least one LCS project into Pre-FEED in 2024." Methanex and Entropy are committed to collaborating with stakeholders throughout the project's lifecycle to ensure ...

Inquiries: Sarah Herriott Director, Investor Relations Methanex Corporation 604-661-2600 or Toll Free: 1-800-661-8851 www.methanex.com VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtai ...

VANCOUVER, British Columbia, June 04, 2024 (GLOBE NEWSWIRE) -- Methanex Corporation (TSX:MX) (NASDAQ:MEOH) announced today that its 1.26 million tonne Egypt methanol production facility (Methanex 50% equity interest of 0.63 million tonnes per annum) was temporarily idled this morning as lower gas supply and increased seasonal demand for power generation has led to gas curtailments to industrial plants. Methanex is working closely with its partner and gas supplier to resume gas supply. Methanex is a Vancouve ...

A month has gone by since the last earnings report for Methanex (MEOH) . Shares have added about 9.4% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Methanex due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Methanex's Q1 Earnings & Revenues Surpass Estimates Meth ...

Methanex Corporation股东大会 - Methanex Corporation宣布了其2024年度股东大会的投票结果[1] - 股东投票支持了所有议程，包括选举所有董事候选人[3] Roger Perreault加入Methanex - Roger Perreault被任命为Methanex的董事会成员[5] - Roger Perreault在过去曾在UGI Corporation担任高管职位[6] - Roger Perreault拥有丰富的高级管理和重型工业厂房经验[7] Doug Arnell对Roger Perreault的评价 - Doug Arnell对Roger Perreault的加入表示欢迎，并认为他的知识将补充现有董事会的技能和专业知识[8]

财务数据和关键指标变化 - 公司第一季度实现平均售价343美元/吨,产销量约170万吨,调整后EBITDA为1.6亿美元,调整后每股收益0.65美元 [11] - 第一季度调整后EBITDA高于第四季度,主要由于平均售价上涨 [11] - 公司预计第二季度调整后EBITDA和平均售价水平与第一季度相似,产销量略有下降 [27] - 公司已将2024年全年产量指引调整至700万吨,主要受G3项目推迟影响和埃及装置停车影响 [28] 各条业务线数据和关键指标变化 - 公司在智利的装置由于催化剂老化导致第一季度产量略有下降,将在第二季度进行维修 [72][73] - 公司在新西兰的装置第一季度产量低于往年平均水平,主要由于计划维修和天然气供应受限 [75][76] 各个市场数据和关键指标变化 - 第一季度全球甲醇价格上涨21美元/吨至343美元/吨,主要由于供给受限导致库存下降 [17] - 第二季度公司在欧洲的甲醇价格为525欧元/吨,北美、亚太和中国价格分别为645美元/吨、400美元/吨和390美元/吨 [22] - 公司预计第二季度供给和需求将逐步增加,超过第一季度水平 [23] 公司战略和发展方向及行业竞争 - 公司正在积极推进G3项目的重启,已完成独立的根本原因分析并制定了新的启动条件,预计将在第三季度重启 [13][15][36] - 公司正在关注马来西亚新项目的投产时间,但预计G3投产对供给的影响将被特立尼达产能下降所抵消 [24] - 公司正在加大低碳甲醇的研发和推广,包括利用可再生天然气和氢气等方式生产低碳甲醇,以满足海运等新兴市场的需求 [96][97] 管理层对经营环境和未来前景的评论 - 管理层认为宏观经济环境总体稳定,传统化工应用需求将保持温和增长,能源应用需求也将保持良好 [25] - 管理层表示公司有望维持良好的财务状况,有能力通过G3项目的投产实现业务的盈利能力和现金流的提升 [30] 问答环节重要的提问和回答 问题1 **Joshua Spector 提问** 询问第二季度EBITDA与第一季度持平的原因 [33] **Rich Sumner 回答** 解释第一季度价格上涨带来的成本结构优势在第二季度难以复制,是导致EBITDA持平的主要原因 [34][105][106] 问题2 **Joel Jackson 提问** 询问公司对埃及装置的保险赔付预期 [39] **Rich Sumner 回答** 公司预计将获得超过5000万美元的保险赔付,公司将获得其中的50%份额 [40] 问题3 **Hassan Ahmed 提问** 询问伊朗国内甲醇产能利用率及其出口情况 [47] **Rich Sumner 回答** 伊朗甲醇产能利用率呈现季节性下降,公司难以判断是否与地缘政治因素有关 [48][49]