Methanex Corp
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Materials : Chemicals | Mid Cap Blend
Based in Canada
Company profile

Methanex Corporation is a Canada-based producer and supplier of methanol. The Company supplies methanol to international markets in North America, Asia Pacific, Europe and South America. The Company’s methanol production sites are located in New Zealand, the United States, Trinidad, Chile, Egypt, and Canada. Its New Zealand production site supplies methanol primarily to customers in Asia Pacific. It has three plants in New Zealand, Motunui 1, Motunui 2 and Waitara Valley. Its two plants in Geismar serves customers in methanol markets. It has two plants in Trinidad, Titan and Atlas that supplies methanol to various methanol markets. Its Chile production site supplies methanol to customers in South America and Asia Pacific having two plants in Chile, Chile I and Chile IV. Its Egypt plant 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.


Last Trade
-0.275 (-0.60%)
B/A Size

Market Hours

Closing Price
Day's Change
0.685 (1.51%)
Bid close
Ask close
B/A Size
Day's High
Day's Low

10-day average volume:

U.S. stocks open mostly higher as Nvidia drives tech rally

9:38 am ET May 25, 2023 (MarketWatch)

U.S. stock indexes opened mostly higher with the Nasdaq Composite soaring 1.7% after Nvidia Corp. (NVDA) gave stronger-than-expected revenue guidance for its fiscal second quarter, pushing its shares toward all-time highs and propelling the company to the cusp of a $1 trillion market value. Wall Street is also betting on other semiconductor manufacturers with shares of Advanced Micro Devices (AMD) jumping 9% and Monolithic Power Systems (MPWR) up 14.2%. The Dow Jones Industrial Average was off 55 points, or 0.2%, to 32,744, while the S&P 500 advanced 0.7%. The top triple-A credit ratings of the U.S. were placed on "rating watch negative" by credit firm Fitch Ratings Wednesday evening, due to "brinkmanship" in Washington which increases the risk that the country could default on some of its debt and other obligations. In economic data, the number of Americans who applied for unemployment benefits before Memorial Day weekend totaled just 229,000 after Massachusetts took dramatic steps to weed out a massive increase in fraud.

-Isabel Wang

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(END) Dow Jones Newswires

May 25, 2023 09:38 ET (13:38 GMT)

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