Methanex Corporation reports developments tied to its global methanol production, marketing and distribution business. The company supplies methanol to customers in Asia Pacific, North America, Europe and South America, with production sites in Canada, Chile, Egypt, New Zealand, Trinidad and Tobago, and the United States.
Recurring news covers methanol production volumes, realized pricing, quarterly and annual operating results, cash dividends, balance-sheet actions, shareholder meeting results, board governance and sustainability reporting. Company updates also include low-carbon methanol market development and biomethanol fuel-supply initiatives for marine and industrial uses.
Methanex (MEOH) plans a partial redemption of US$300 million of its outstanding 5.125% senior notes due October 15, 2027, on October 19, 2026.
The company links this early redemption to its strong cash position, ongoing cash flow generation from tight global methanol markets, and production from a strengthened asset base, stating that the move aligns with its balance sheet leverage target.
Methanex (Nasdaq: MEOH, TSX: MX) has entered into an agreement to sell substantially all of its New Zealand natural gas contractual entitlements starting in the first quarter of 2027 through the end of the decade, when those entitlements expire. Citing a continued decline in domestic natural gas availability and no clear path to meaningful new supply, Methanex has concluded that ongoing operations in New Zealand are not sustainable and is seeking to optimize value from its remaining gas position.
As a result, the company expects to indefinitely idle its New Zealand production facilities in the first quarter of 2027 and will coordinate the transition with employees, contractors, suppliers, customers and government stakeholders. Methanex plans to safely operate the plant over the next several months, then safely idle and preserve the facilities to maintain long-term optionality for a potential restart. According to Methanex, it does not expect to incur material cash costs from this decision, and any updates to production or financial guidance will be provided in future quarterly communications.
Methanex (Nasdaq: MEOH) reported that Natgasoline LLC, its 50%-owned joint venture with Consolidated Energy, has arranged a $290,950,000 tax-exempt bond issue by Mission Economic Development Corporation (the “2026 Bonds”). The bonds carry a 4.75% coupon, a mandatory tender date of August 1, 2036 and final maturity on August 1, 2046.
According to Methanex, proceeds will be loaned to Natgasoline to repay the existing $290,950,000 2018 municipal bonds maturing in 2031, which were scheduled for semi-annual amortization starting October 1, 2025. Closing is expected around August 28, 2026, subject to customary conditions, and is intended to defer mandatory amortization and increase cash flow flexibility at Natgasoline.
Methanex (NASDAQ:MEOH) reported second quarter 2026 net income attributable to shareholders of $198 million, or $2.45 diluted EPS, versus a $14 million net loss in Q1 2026. Adjusted EBITDA rose to $577 million and Adjusted net income to $300 million ($3.87 per share), driven mainly by a higher average realized methanol price of $529/tonne versus $351/tonne in Q1.
The company produced 2.213 million tonnes/b) of methanol, including a record at Geismar, and sold 2.555 million tonnes. Methanex announced the indefinite idling of its Titan plant in Trinidad and Tobago, recording a $115 million non-cash asset impairment (net of tax) and a $12 million restructuring accrual. It generated $439 million in operating cash flow, fully repaid the remaining $290 million Term Loan A, paid $14 million in dividends, and ended the quarter with $383 million in cash plus an undrawn $400 million revolver.
Methanex (Nasdaq: MEOH, TSX: MX) announced that its Board of Directors has declared a quarterly cash dividend of US$0.185 per share. The dividend will be paid on September 30, 2026 to common shareholders of record as of September 16, 2026, according to the company.
Methanex (TSX: MX, Nasdaq: MEOH) will begin indefinitely idling its 860,000 tonne-per-year Titan methanol plant in Trinidad and Tobago after being unable to secure a new natural gas contract before the existing one expires in Q3 2026.
The company will preserve the facility for a potential future restart, while its Atlas joint-venture plant (63.1% economic interest) also remains indefinitely idled. Titan is not contributing to Adjusted EBITDA or Adjusted Free Cash Flow, and Methanex does not expect material cash costs from this decision. Any updates to production or financial guidance are expected with second-quarter results on July 28, 2026.
Methanex (Nasdaq:MEOH) reported results from its Annual General Meeting held April 30, 2026 in Vancouver. A total of 64,397,180 shares were voted, representing 83.27% of outstanding shares. All director nominees were elected, KPMG was reappointed auditor, and the advisory vote on executive compensation passed.
Methanex (NASDAQ:MEOH, TSX:MX) declared a quarterly cash dividend of US$0.185 per common share. The dividend is payable on June 30, 2026 to shareholders of record on June 16, 2026. Methanex is headquartered in Vancouver and is a global methanol supplier.
Methanex (NASDAQ:MEOH) reported Q1 2026 results: a $14 million net loss and $220 million Adjusted EBITDA, with $23 million Adjusted net income. Q1 production was 2.39 million tonnes; 2026 production guidance is 9.0 million tonnes. Cash was $379 million, Term Loan A repayment of $60 million, and a quarterly dividend of $0.185/share. The company cited higher realized prices entering Q2 and expects materially higher Adjusted EBITDA in Q2 based on April–May posted prices.
Methanex (Nasdaq:MEOH) released its 2025 Sustainability Report on March 6, 2026, outlining progress on safety, Responsible Care and low-carbon transition efforts.
The report highlights reaching its greenhouse gas emissions intensity reduction target five years early, continued strong safety performance, efforts to manage environmental impacts, and workforce and community initiatives.