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Methanol Production
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Methanex Net Income 21.2% up in Q4
Feb 2, 2015Canadian Methanol producer, Methanex said its adjusted net income climbed 21.21 per cent from a year ago quarter for the fourth quarter ended December 31, 2014. Methanex posted adjusted net income of $80 million or $0.85 per share on a ...
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Methanex Successfully Produced First Methanol From New 1.0 Million Tonne Plant in Geismar
Jan 28, 2015Methanex, the world’s largest producer and supplier of methanol to major international markets, has announced that it has successfully produced first methanol from its new 1.0 million tonne plant in Geismar, Louisiana, in the US. ...
Tags: cost savings, substantial schedule, Textile
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Q3 Adjusted Net Income Was $66 Million or $0.69 Per Share on a Diluted Basis at Methanex
Nov 18, 2014Adjusted EBITDA in the third quarter of 2014, at the world’s largest producer of Methanol and Canada-based Methanex slipped 14.37% from second quarter of 2014. Methanex said adjusted EBITDA fell 14.37% sequentially quarter on ...
Tags: Adjusted EBITDA, Methanol, Textile
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Fanavaran Petrochemical Company Surpassed Its Record of Monthly Methanol Production
Aug 13, 2014Iran-based Fanavaran Petrochemical Company has surpassed its own earlier record of monthly methanol production, FARS News Agency reported. During the last month of the Iranian calendar year that ended on July 22, the company produced ...
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Methanex Reported Adjusted EBITDA of $160 Million
Aug 12, 2014For the second quarter of 2014, Methanex reported Adjusted EBITDA of $160 million, compared to Adjusted EBITDA of $255 million reported in the first quarter of 2014 and $157 million reported in the quarter ended June 30, 2013. Adjusted net ...
Tags: Methanex, Adjusted EBITDA, Textile
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Methanex Has Announced Its New Regional Contract Methanol Prices
Aug 12, 2014Methanex, the world’s largest producer and supplier of methanol to major international markets, has announced its new regional contract methanol prices for North America and Asia Pacific regions. For the North American region, ...
Tags: Methanex, Methanol Contract Prices, Textile
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Methanex Q1 EBITDA up 4% After Be Adjusted
May 5, 2014For 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
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LyondellBasell's Methanol Plant Texas Was Placed Into Service in The Fourth-Quarter 2013
Jan 7, 2014LyondellBasell (NYSE: LYB) today announced that its methanol plant at Channelview, Texas, was placed into service in the fourth-quarter 2013 to take advantage of low-cost natural gas from shale formations. The unit had been out of service ...
Tags: LyondellBasell, methanol plant, Channelview, re-start
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The US Spot Methanol Assessment Reached The Highest Level in More Than Five Years Tuesday
Dec 2, 2013The 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
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Natgasoline Plans to Build a New Greenfield World Scale Methanol Plant in Texas
Dec 2, 2013OCI N.V. announced that Natgasoline LLC, a wholly owned subsidiary, plans to build a new greenfield world scale methanol plant in Beaumont, Texas. The plant is expected to have a capacity of up to 5,000 metric tons per day (tpd), ...
Tags: Methanol Plant, Textile
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Jiutai Has Selected GE to Expand Coal-to-Methanol Factory Project in Inner Mongolia
Nov 29, 2013Seeking to boost its methanol production capacity while meeting stricter regional environmental regulations, Jiutai Group has selected GE’s high-pressure gasification technology for a coal-to-methanol factory expansion project in the ...
Tags: Greener Methanol, GE
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Dutch Fertilizer Company OCI N.V. to Build The Largest Methanol Plant in The United States
Nov 25, 2013Dutch fertilizer company OCI N.V. announced Thursday it planned to build the largest methanol plant in the United States, which is believed to have a methanol shortage of about 5 million tonnes. The projected plant will be built in ...
Tags: Fertilizer, Methanol Plant
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Methanex to Sell 10% Equity Share in Egyptian Methanex Methanol Company S.A.E
Oct 23, 2013Methanex 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
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Methanex Reached a Number of Key Milestones with Its Near-Term Capacity Growth Objective
Oct 9, 2013Methanex 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
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Canada's Methanex Is 'making solid progress' on Its Plans
Aug 5, 2013Canada'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
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