[6-K] Methanex Corp Current Report (Foreign Issuer)
Methanex Corporation (TSX:MX, NASDAQ:MEOH) has completed its strategic acquisition of OCI Global's international methanol business, a transaction first announced in September 2024. The deal, valued at approximately $1.2 billion in cash, includes the issuance of 9.9 million common shares and assumption of $450 million in debt and leases.
The acquisition encompasses:
- Two world-scale methanol facilities in Beaumont, Texas with access to North American natural gas feedstock (one facility also produces ammonia)
- A low-carbon methanol production and marketing business
- An idle methanol facility in the Netherlands
In connection with the transaction, Methanex has filed a base shelf prospectus in British Columbia and with the SEC under Form F-10. CEO Rich Sumner emphasized focus on smooth integration, safe operations, and delivering strategic benefits. This acquisition strengthens Methanex's position as the world's largest producer and supplier of methanol globally.
Methanex Corporation (TSX:MX, NASDAQ:MEOH) ha completato l'acquisizione strategica del business internazionale del metanolo di OCI Global, un'operazione annunciata per la prima volta a settembre 2024. L'accordo, del valore di circa 1,2 miliardi di dollari in contanti, prevede l'emissione di 9,9 milioni di azioni ordinarie e l'assunzione di 450 milioni di dollari di debiti e leasing.
L'acquisizione comprende:
- Due impianti di metanolo di scala mondiale a Beaumont, Texas, con accesso a materie prime di gas naturale nordamericano (uno degli impianti produce anche ammoniaca)
- Un’attività di produzione e commercializzazione di metanolo a basso contenuto di carbonio
- Un impianto di metanolo inattivo nei Paesi Bassi
In relazione all'operazione, Methanex ha depositato un prospetto base in British Columbia e presso la SEC tramite il modulo F-10. Il CEO Rich Sumner ha sottolineato l'importanza di un'integrazione fluida, operazioni sicure e la realizzazione di benefici strategici. Questa acquisizione rafforza la posizione di Methanex come il più grande produttore e fornitore mondiale di metanolo.
Methanex Corporation (TSX:MX, NASDAQ:MEOH) ha completado su adquisición estratégica del negocio internacional de metanol de OCI Global, una transacción anunciada por primera vez en septiembre de 2024. El acuerdo, valorado en aproximadamente 1.200 millones de dólares en efectivo, incluye la emisión de 9,9 millones de acciones ordinarias y la asunción de 450 millones de dólares en deudas y arrendamientos.
La adquisición abarca:
- Dos plantas de metanol a escala mundial en Beaumont, Texas, con acceso a materia prima de gas natural de Norteamérica (una planta también produce amoníaco)
- Un negocio de producción y comercialización de metanol bajo en carbono
- Una planta de metanol inactiva en los Países Bajos
En relación con la transacción, Methanex ha presentado un prospecto base en Columbia Británica y ante la SEC bajo el Formulario F-10. El CEO Rich Sumner enfatizó el enfoque en una integración fluida, operaciones seguras y en entregar beneficios estratégicos. Esta adquisición fortalece la posición de Methanex como el mayor productor y proveedor mundial de metanol.
Methanex Corporation (TSX:MX, NASDAQ:MEOH)는 2024년 9월 처음 발표된 OCI Global의 국제 메탄올 사업에 대한 전략적 인수를 완료했습니다. 이번 거래는 약 12억 달러 현금 규모로, 990만 주의 보통주 발행과 4억 5천만 달러의 부채 및 리스 인수를 포함합니다.
인수 대상은 다음과 같습니다:
- 텍사스 보몬트에 위치한 두 개의 세계적 규모 메탄올 공장으로, 북미 천연가스 원료에 접근 가능 (한 공장은 암모니아도 생산)
- 저탄소 메탄올 생산 및 마케팅 사업
- 네덜란드에 위치한 휴면 메탄올 공장
이번 거래와 관련하여 Methanex는 브리티시컬럼비아주와 SEC에 F-10 양식으로 기본 청약서를 제출했습니다. CEO 리치 서머는 원활한 통합, 안전한 운영, 전략적 이익 제공에 중점을 두고 있다고 강조했습니다. 이번 인수로 Methanex는 세계 최대 메탄올 생산 및 공급업체로서의 입지를 강화하게 되었습니다.
Methanex Corporation (TSX:MX, NASDAQ:MEOH) a finalisé son acquisition stratégique de l'activité internationale de méthanol d'OCI Global, une transaction annoncée pour la première fois en septembre 2024. L'accord, d'une valeur d'environ 1,2 milliard de dollars en espèces, comprend l'émission de 9,9 millions d'actions ordinaires et la prise en charge de 450 millions de dollars de dettes et de baux.
L'acquisition comprend :
- Deux installations de méthanol à l'échelle mondiale à Beaumont, Texas, avec accès aux matières premières de gaz naturel nord-américain (une installation produit également de l'ammoniac)
- Une activité de production et de commercialisation de méthanol à faible teneur en carbone
- Une installation de méthanol inactive aux Pays-Bas
En lien avec la transaction, Methanex a déposé un prospectus de base en Colombie-Britannique et auprès de la SEC sous le formulaire F-10. Le PDG Rich Sumner a souligné l'importance d'une intégration fluide, d'opérations sûres et de la réalisation d'avantages stratégiques. Cette acquisition renforce la position de Methanex en tant que premier producteur et fournisseur mondial de méthanol.
Methanex Corporation (TSX:MX, NASDAQ:MEOH) hat die strategische Übernahme des internationalen Methanolgeschäfts von OCI Global abgeschlossen, eine Transaktion, die erstmals im September 2024 angekündigt wurde. Der Deal hat einen Wert von etwa 1,2 Milliarden US-Dollar in bar und umfasst die Ausgabe von 9,9 Millionen Stammaktien sowie die Übernahme von 450 Millionen US-Dollar an Schulden und Leasingverpflichtungen.
Die Übernahme umfasst:
- Zwei Methanolanlagen in Weltklassegröße in Beaumont, Texas, mit Zugang zu nordamerikanischem Erdgas als Rohstoff (eine Anlage produziert zudem Ammoniak)
- Ein Geschäft für die Produktion und Vermarktung von kohlenstoffarmem Methanol
- Eine stillgelegte Methanolanlage in den Niederlanden
Im Zusammenhang mit der Transaktion hat Methanex einen Basisprospekt in British Columbia sowie bei der SEC unter Formular F-10 eingereicht. CEO Rich Sumner betonte den Fokus auf eine reibungslose Integration, sichere Betriebsabläufe und die Erzielung strategischer Vorteile. Diese Übernahme stärkt Methanex' Position als weltweit größter Produzent und Anbieter von Methanol.
- Completed strategic acquisition of OCI Global's methanol business, significantly expanding production capacity with two world-scale facilities in Texas
- Acquired low-carbon methanol production and marketing business, strengthening environmental positioning
- Transaction provides access to robust North American natural gas feedstock, potentially improving cost structure
- Deal structure includes $1.2B cash, 9.9M shares, and $450M debt assumption - maintaining financial flexibility while expanding operations
- Assumed significant debt of approximately $450M, increasing leverage and financial obligations
- Integration risks and costs associated with merging operations could impact near-term performance
- Acquired idled facility in Netherlands may require additional capital investment to restart operations
Methanex Corporation (TSX:MX, NASDAQ:MEOH) ha completato l'acquisizione strategica del business internazionale del metanolo di OCI Global, un'operazione annunciata per la prima volta a settembre 2024. L'accordo, del valore di circa 1,2 miliardi di dollari in contanti, prevede l'emissione di 9,9 milioni di azioni ordinarie e l'assunzione di 450 milioni di dollari di debiti e leasing.
L'acquisizione comprende:
- Due impianti di metanolo di scala mondiale a Beaumont, Texas, con accesso a materie prime di gas naturale nordamericano (uno degli impianti produce anche ammoniaca)
- Un’attività di produzione e commercializzazione di metanolo a basso contenuto di carbonio
- Un impianto di metanolo inattivo nei Paesi Bassi
In relazione all'operazione, Methanex ha depositato un prospetto base in British Columbia e presso la SEC tramite il modulo F-10. Il CEO Rich Sumner ha sottolineato l'importanza di un'integrazione fluida, operazioni sicure e la realizzazione di benefici strategici. Questa acquisizione rafforza la posizione di Methanex come il più grande produttore e fornitore mondiale di metanolo.
Methanex Corporation (TSX:MX, NASDAQ:MEOH) ha completado su adquisición estratégica del negocio internacional de metanol de OCI Global, una transacción anunciada por primera vez en septiembre de 2024. El acuerdo, valorado en aproximadamente 1.200 millones de dólares en efectivo, incluye la emisión de 9,9 millones de acciones ordinarias y la asunción de 450 millones de dólares en deudas y arrendamientos.
La adquisición abarca:
- Dos plantas de metanol a escala mundial en Beaumont, Texas, con acceso a materia prima de gas natural de Norteamérica (una planta también produce amoníaco)
- Un negocio de producción y comercialización de metanol bajo en carbono
- Una planta de metanol inactiva en los Países Bajos
En relación con la transacción, Methanex ha presentado un prospecto base en Columbia Británica y ante la SEC bajo el Formulario F-10. El CEO Rich Sumner enfatizó el enfoque en una integración fluida, operaciones seguras y en entregar beneficios estratégicos. Esta adquisición fortalece la posición de Methanex como el mayor productor y proveedor mundial de metanol.
Methanex Corporation (TSX:MX, NASDAQ:MEOH)는 2024년 9월 처음 발표된 OCI Global의 국제 메탄올 사업에 대한 전략적 인수를 완료했습니다. 이번 거래는 약 12억 달러 현금 규모로, 990만 주의 보통주 발행과 4억 5천만 달러의 부채 및 리스 인수를 포함합니다.
인수 대상은 다음과 같습니다:
- 텍사스 보몬트에 위치한 두 개의 세계적 규모 메탄올 공장으로, 북미 천연가스 원료에 접근 가능 (한 공장은 암모니아도 생산)
- 저탄소 메탄올 생산 및 마케팅 사업
- 네덜란드에 위치한 휴면 메탄올 공장
이번 거래와 관련하여 Methanex는 브리티시컬럼비아주와 SEC에 F-10 양식으로 기본 청약서를 제출했습니다. CEO 리치 서머는 원활한 통합, 안전한 운영, 전략적 이익 제공에 중점을 두고 있다고 강조했습니다. 이번 인수로 Methanex는 세계 최대 메탄올 생산 및 공급업체로서의 입지를 강화하게 되었습니다.
Methanex Corporation (TSX:MX, NASDAQ:MEOH) a finalisé son acquisition stratégique de l'activité internationale de méthanol d'OCI Global, une transaction annoncée pour la première fois en septembre 2024. L'accord, d'une valeur d'environ 1,2 milliard de dollars en espèces, comprend l'émission de 9,9 millions d'actions ordinaires et la prise en charge de 450 millions de dollars de dettes et de baux.
L'acquisition comprend :
- Deux installations de méthanol à l'échelle mondiale à Beaumont, Texas, avec accès aux matières premières de gaz naturel nord-américain (une installation produit également de l'ammoniac)
- Une activité de production et de commercialisation de méthanol à faible teneur en carbone
- Une installation de méthanol inactive aux Pays-Bas
En lien avec la transaction, Methanex a déposé un prospectus de base en Colombie-Britannique et auprès de la SEC sous le formulaire F-10. Le PDG Rich Sumner a souligné l'importance d'une intégration fluide, d'opérations sûres et de la réalisation d'avantages stratégiques. Cette acquisition renforce la position de Methanex en tant que premier producteur et fournisseur mondial de méthanol.
Methanex Corporation (TSX:MX, NASDAQ:MEOH) hat die strategische Übernahme des internationalen Methanolgeschäfts von OCI Global abgeschlossen, eine Transaktion, die erstmals im September 2024 angekündigt wurde. Der Deal hat einen Wert von etwa 1,2 Milliarden US-Dollar in bar und umfasst die Ausgabe von 9,9 Millionen Stammaktien sowie die Übernahme von 450 Millionen US-Dollar an Schulden und Leasingverpflichtungen.
Die Übernahme umfasst:
- Zwei Methanolanlagen in Weltklassegröße in Beaumont, Texas, mit Zugang zu nordamerikanischem Erdgas als Rohstoff (eine Anlage produziert zudem Ammoniak)
- Ein Geschäft für die Produktion und Vermarktung von kohlenstoffarmem Methanol
- Eine stillgelegte Methanolanlage in den Niederlanden
Im Zusammenhang mit der Transaktion hat Methanex einen Basisprospekt in British Columbia sowie bei der SEC unter Formular F-10 eingereicht. CEO Rich Sumner betonte den Fokus auf eine reibungslose Integration, sichere Betriebsabläufe und die Erzielung strategischer Vorteile. Diese Übernahme stärkt Methanex' Position als weltweit größter Produzent und Anbieter von Methanol.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
OF THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF JUNE 2025
COMMISSION FILE NUMBER 000-20115
METHANEX CORPORATION
(Registrant’s name)
SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form 20-F or Form 40-F.
| Form 20-F ☐ | Form 40-F ☑ |
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1): ☐
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7): ☐
| NEWS RELEASE |
|
Methanex Corporation
1800 - 200 Burrard St.
Vancouver, BC Canada V6C 3M1
Investor Relations: 604-661-2600
Toll-Free: 1-800-661-8851
http://www.methanex.com
For immediate release
June 27, 2025
METHANEX CORPORATION COMPLETES ACQUISITION OF OCI GLOBAL’S METHANOL BUSINESS
VANCOUVER, BRITISH COLUMBIA (June 27, 2025) – Methanex Corporation (TSX:MX) (Nasdaq:MEOH) announced today that it has completed the previously announced acquisition of OCI Global’s (“OCI”) international methanol business.
As part of the transaction, first announced in September 2024, Methanex has acquired an interest in i) two world-scale methanol facilities in Beaumont, Texas, which have access to robust North American natural gas feedstock and one of which also produces ammonia, ii) a low-carbon methanol production and marketing business, and iii) a currently idled methanol facility in the Netherlands. The transaction consideration consists of approximately $1.2 billion of cash, excluding adjustments to working capital and cash acquired, the issuance of approximately 9.9 million common shares of Methanex and the assumption of approximately $450 million in debt and leases.
“We are excited to complete this important strategic acquisition and to welcome a talented team to Methanex,” said Rich Sumner, President and CEO of Methanex. “I want to thank the individuals that worked diligently to successfully close this acquisition. As we move forward, our focus is on ensuring a smooth integration, maintaining safe and stable operations, and delivering the strategic benefits of this acquisition.”
In connection with the transaction, Methanex has filed a base shelf prospectus (the “Prospectus”) with the securities regulatory authority in the Province of British Columbia in accordance with a customary registration rights agreement entered into between Methanex and OCI. The Prospectus will also be filed with the U.S. Securities and Exchange Commission as part of a registration statement on Form F-10 in accordance with the Multijurisdictional Disclosure System established between Canada and the United States.
Methanex is a Vancouver-based, publicly traded company and is the world’s largest producer and supplier of methanol globally. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol “MX” and on the Nasdaq Stock Market in the United States under the trading symbol “MEOH”. Methanex can be visited online at www.methanex.com.
- end -
Inquiries
Sarah Herriott
Director, Investor Relations
Methanex Corporation
604-661-2600 or Toll Free: 1-800-661-8851
www.methanex.com
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| METHANEX CORPORATION
| ||||||
| Date: June 27, 2025 | By: | /s/ KEVIN PRICE | ||||
| Name: | Kevin Price | |||||
| Title: | SVP, General Counsel & Corporate Secretary | |||||
FAQ
What company did MEOH acquire in June 2025?
How much did MEOH pay for the OCI Global acquisition?
What assets did MEOH acquire from OCI Global in the 2025 acquisition?
What regulatory filings did MEOH make related to the OCI Global acquisition?
Who is the current CEO of MEOH as of the June 2025 acquisition?
