US methanol contract prices are expected to drop sharply for June following rapidly declining spot prices in recent months, sources said Thursday. June contract announcements from Methanex and Southern Chemical Corp. were expected to be ...
Tags: Methanol, methanol contract
For the first quarter of 2014, Methanex reported Adjusted EBITDA of $255 million and Adjusted net income of $160 million ($1.65 per share on a diluted basis). These figures compare with Adjusted EBITDA of $245 million and Adjusted net ...
Tags: Methanex, methanol industry
US methanol distributor Southern Chemical cut its domestic May methanol contract by 10 cents to $1.70/gal FOB US Gulf, the company said Thursday in a letter to customers. The decrease follows an 11-cent drop, to $1.80/gal FOB US Gulf, in ...
Tags: Methanol, Southern Chemical
Methanex, the world's largest supplier of methanol to major international markets, has announced its regional contract methanol prices for North America, Europe and Asia. For Europe region, Methanex has posted its contract price for ...
The US spot methanol assessment reached the highest level in more than five years Tuesday, assessed at $1.67/gal FOB US Gulf, with prices soaring 4 cents from Monday's assessment. Prices have remained at or near the highest levels in over ...
Tags: Spot Methanol
Methanex, the world's largest supplier of methanol to major international markets, has announced its regional contract methanol prices for North America and Asia Pacific, for the month of December 2013. For the North American region, ...
Methanex, the world's largest supplier of methanol to major international markets, has announced its regional contract methanol prices for North America and Asia Pacific. The company had earlier announced its regional contract methanol ...
Tags: Methanex, Methanol Contract Prices
Methanex Corporation agreed to sell an approximate 10% equity share in Egyptian Methanex Methanol Company S.A.E. (EMethanex) to Arab Petroleum Investments Corporation (APICORP) for $110 million. The transaction will increase APICORP's ...
Tags: Methanex, Methanol Plant
Methanex Corporation has reached a number of key milestones with respect to its near-term capacity growth objectives in New Zealand, Canada and Chile. On October 4, 2013, the company successfully produced its first methanol from the newly ...
Tags: Operating Capacity, Methanex
US spot methanol prices reached their highest level in four months Wednesday. Platts assessed methanol at $1.43/gal FOB US Gulf Wednesday. The last time methanol was any higher was on May 2 when it was assessed at $1.44/gal FOB US Gulf. ...
Tags: Spot Methanol, Chemicals
Canada's Methanex is "making solid progress" on its plans to increase its global methanol production capacity by up to 1 million mt/year by the end of this year, CEO John Floren said in a statement late Wednesday. In New Zealand, the ...
Tags: Methanex, Methanol Capacity
Methanex Corporation announced an initial $5 million investment in Carbon Recycling International (CRI), a privately held company with headquarters in Reykjavik, Iceland. Methanex will also evaluate further investments to support CRI's ...
Tags: Methanex, Renewable Fuel
US methanol contracts from Methanex are expected to roll over for June while Southern Chemical Corp is expected to decrease by 2-3 cents, market sources said Thursday. "SCC will probably come down so they are within a couple cents of the ...
Tags: Chemicals
Vancouver-based methanol producer Methanex rolled over its US contract price at $1.60/gal ($532.80/mt) FOB US Gulf for June, it said Friday. The rollover marks the second consecutive month that the company's CP has been posted at that ...
Tags: Chemicals
Methanex Corporation announced that it has reached a final investment decision to proceed with the relocation of a second one million tonne per year methanol plant from its Chile site to Geismar, Louisiana. The plant is expected to be ...
Tags: Textile