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+0.25%
Close of 9 Nov 2026, in CAD
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About Methanex
Its shares trade on Toronto Stock Exchange under the ticker MX.TO. It has been listed since 17 September 1991. In the fiscal year to 31 December 2025, it reported revenue of $3.65bn and net income of $81.3m. At that date it held total assets of $7.27bn and shareholders' equity of $2.44bn.
Methanex Corp. engages in the production and supply of methanol. The company is headquartered in Vancouver, British Columbia. The firm operates three plants in New Zealand supply methanol primarily to customers in Asia Pacific. The company operates two plants in Geismar, two plants in Trinidad, Titan and Atlas and supplies to methanol markets around the globe. Its joint venture in Egypt is located on the Mediterranean Sea and primarily supplies methanol to the domestic and European market. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America. Its two plants in Punta Arenas, Chile supply methanol to customers in South America and around the globe. The Company’s wholly owned subsidiary, Waterfront Shipping, operates its fleet which is made up of deep-sea tankers ranging from 3,000 to 50,000 deadweight tons of capacity.
Figures and description from our data supplier, not checked against the company's own report.
Company facts
- Sector
- Materials
- Industry
- Chemicals
- Listed since
- 17 Sept 1991
- Employees
- 1,544
- Website
- methanex.com ↗
Leadership
Pay as last reported
- Mr. Douglas ArnellIndependent Chairman of the BoardC$548,902
- Mr. Richard SumnerPresident, Chief Executive Officer, Director, since 2021C$8.0m
- Mr. Dean RichardsonChief Financial Officer, Senior Vice President - FinanceC$2.7m
- Mr. Kevin PriceSenior Vice President, General Counsel, Corporate Secretary
- Mr. Mark AllardSenior Vice President - Low Carbon Solutions
- Mr. Bradley BoydSenior Vice President - Corporate ResourcesC$2.2m
- Ms. Karine DelbarreSenior Vice President - Global Marketing & LogisticsC$2.9m
- Mr. Kevin MaloneySenior Vice President - Corporate Development
- Mr. Gustavo ParraSenior Vice President - ManufacturingC$2.6m
- Mr. James BertramIndependent DirectorC$329,678
- Mr. Paul DobsonIndependent DirectorC$301,872
- Ms. Maureen HoweIndependent DirectorC$314,705
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 62
- Environment
- 52
- Social
- 77
- Governance
- 56
- Direct emissions (scope 1)
- 4,418,956 t
- Energy emissions (scope 2)
- 209,000 t
- Women in the workforce
- 29%
- Carbon reduction policy
- Yes
- Human rights policy
- Yes
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Methanex Corp has several strengths that contribute to its success. Firstly, the company is a global leader in the production and supply of methanol, which provides it with a competitive advantage. The company's extensive production facilities and well-established supply chain enable it to meet the growing demand for methanol across various industries.
- Additionally, Methanex Corp has strategically located production sites and storage terminals worldwide, allowing it to efficiently serve its customers in different regions. This global presence gives the company a strong market position and enhances its ability to capitalize on emerging opportunities in diverse markets.
Weaknesses
- Despite its strengths, Methanex Corp does face certain weaknesses that can hinder its performance. One of the key weaknesses is the company's dependence on the methanol market, which is subject to fluctuations in global prices and demand. This vulnerability exposes Methanex Corp to the risk of revenue reduction during periods of economic downturn or market volatility.
- Another weakness is the company's reliance on natural gas as a primary feedstock for methanol production. Fluctuations in natural gas prices can impact the company's production costs and profitability. Moreover, Methanex Corp's operations are subject to regulatory compliance and environmental considerations, which can pose challenges and increase costs.
Opportunities
- Methanex Corp has various opportunities that can drive its growth and expansion. Firstly, the increasing global demand for methanol as a clean energy source presents a significant opportunity for the company. Methanol is increasingly used as a fuel in transportation, power generation, and industrial applications due to its low carbon footprint.
- Additionally, Methanex Corp can explore strategic partnerships and acquisitions to expand its market presence and diversify its product portfolio. Collaborating with technology companies to enhance methanol production techniques and develop innovative applications can also create new opportunities for the company.
Threats
- Methanex Corp faces certain threats that could impact its business operations and profitability. Firstly, competition from other global methanol producers can pose a threat to the company's market share and pricing power. Competitors with lower production costs or superior technologies may gain a competitive advantage.
- Moreover, the company is susceptible to geopolitical and economic factors, such as trade disputes, regulatory changes, and currency fluctuations. These factors can disrupt Methanex Corp's supply chain, affect its access to key markets, and increase operational risks.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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