Methanex Corp (MX.TO) 70.96 $MX.TO
Methanex Reports Q2 2014 Earnings
Marketwire - Wed Jul 30, 7:18PM CDT
For the second quarter of 2014, Methanex (TSX: MX)(NASDAQ: MEOH) reported Adjusted EBITDA(1) of $160 million, compared to Adjusted EBITDA(1) of $255 million reported in the first quarter of 2014 and $157 million reported in the quarter ended June 30, 2013. Adjusted net income(1) was $91 million ($0.94 per share on a diluted basis) in the second quarter of 2014, compared to Adjusted net income(1) of $160 million ($1.65 per share on a diluted basis) for the first quarter of 2014 and $99 million ($1.02 per share on a diluted basis) for the second quarter of 2013.
Methanex Corporation-Notice of Cash Dividend
Marketwire - Thu Jul 17, 5:17PM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0.25 per share that will be payable on September 30, 2014 to holders of common shares of record on September 16, 2014.
Methanex Announces Temporary Interruption of Its Egypt Operations
Marketwire - Wed Jun 25, 2:15AM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) announced that its joint venture operation, Egyptian Methanex Methanol Company S.A.E. (EMethanex), has been idled temporarily due to gas availability. Methanex has been advised by its gas supplier, which is a shareholder in EMethanex, that it will likely not be able to resume gas deliveries before the end of July 2014 due to the priority allocation of available natural gas to meet peak summer electricity demand.
Methanex Reports Record Results
Marketwire - Wed Jan 29, 7:21PM CST
For the fourth quarter of 2013, Methanex (TSX: MX)(NASDAQ: MEOH)(SANTIAGO: Methanex) reported Adjusted EBITDA(1) of $245 million and Adjusted net income(1) of $167 million ($1.72 per share on a diluted basis(1)). This compares with Adjusted EBITDA(1) of $184 million and Adjusted net income(1) of $117 million ($1.22 per share on a diluted basis(1)) for the third quarter of 2013. For the year ended December 31, 2013, Methanex reported Adjusted EBITDA(1) of $736 million and Adjusted net income of $471 million ($4.88 per share on a diluted basis(1)). This compares with Adjusted EBITDA(1) of $429 million and Adjusted net income of $180 million ($1.90 per share on a diluted basis(1)) for the year ended December 31, 2012.
Ibadan Traders Protest Against High Cost of Fish
All Africa Global Media - Fri Jan 17, 11:31AM CST
Fish traders in Ibadan on Thursday protested against the high cost of the frozen products.
Methanex Completes Transaction With JV Partner Arab Petroleum Investments Corporation
Marketwire - Thu Dec 19, 4:01PM CST
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) is pleased to announce it has completed its sale of an approximate 10% equity share in Egyptian Methanex Methanol Company S.A.E. (EMethanex) to Arab Petroleum Investments Corporation (APICORP) for $110 million. Methanex announced this expected sale on October 22, 2013. This increases APICORP's ownership in the joint venture to approximately 17%. Methanex will remain the operator and majority shareholder of EMethanex with just over 50% ownership. The remaining interest is held by Egyptian Petrochemical Holding Company (12%); Egyptian Natural Gas Holding Company (12%); and Egyptian National Gas Company (9%).
Methanex to Present at Jefferies 2013 Global Industrials Conference
Marketwire - Wed Aug 07, 4:01PM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) will be presenting at the upcoming Jefferies 2013 Global Industrials Conference in New York City, NY. Mr. John Floren, Methanex's President and CEO, will speak to investors on Wednesday, August 14, 2013 at approximately 4:00 p.m. ET (1:00 p.m. PT).
Methanex and Carbon Recycling International Sign Landmark Investment Agreement for Advanced Renewable Fuel Production
Marketwire - Tue Jul 30, 6:31AM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) announced today an initial $5 million investment in Carbon Recycling International (CRI), a privately held company with headquarters in Reykjavik, Iceland. Methanex will also evaluate further investments to support CRI's growth. CRI operates the world's first renewable methanol plant in Iceland which utilizes its emissions-to- liquids (ETL) technology, converting renewable energy and recycled CO2 emissions to renewable methanol. As a result of this investment, Methanex will become one of the key shareholders of CRI, with Board representation.
Methanex Reports Q2 2014 Earnings
Marketwire - Wed Jul 30, 7:18PM CDT
For the second quarter of 2014, Methanex (TSX: MX)(NASDAQ: MEOH) reported Adjusted EBITDA(1) of $160 million, compared to Adjusted EBITDA(1) of $255 million reported in the first quarter of 2014 and $157 million reported in the quarter ended June 30, 2013. Adjusted net income(1) was $91 million ($0.94 per share on a diluted basis) in the second quarter of 2014, compared to Adjusted net income(1) of $160 million ($1.65 per share on a diluted basis) for the first quarter of 2014 and $99 million ($1.02 per share on a diluted basis) for the second quarter of 2013.
Methanex Corporation-Notice of Cash Dividend
Marketwire - Thu Jul 17, 5:17PM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) announced today that its Board of Directors has declared a quarterly dividend of US$0.25 per share that will be payable on September 30, 2014 to holders of common shares of record on September 16, 2014.
Methanex Announces Temporary Interruption of Its Egypt Operations
Marketwire - Wed Jun 25, 2:15AM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) announced that its joint venture operation, Egyptian Methanex Methanol Company S.A.E. (EMethanex), has been idled temporarily due to gas availability. Methanex has been advised by its gas supplier, which is a shareholder in EMethanex, that it will likely not be able to resume gas deliveries before the end of July 2014 due to the priority allocation of available natural gas to meet peak summer electricity demand.
Methanex Reports Record Results
Marketwire - Wed Jan 29, 7:21PM CST
For the fourth quarter of 2013, Methanex (TSX: MX)(NASDAQ: MEOH)(SANTIAGO: Methanex) reported Adjusted EBITDA(1) of $245 million and Adjusted net income(1) of $167 million ($1.72 per share on a diluted basis(1)). This compares with Adjusted EBITDA(1) of $184 million and Adjusted net income(1) of $117 million ($1.22 per share on a diluted basis(1)) for the third quarter of 2013. For the year ended December 31, 2013, Methanex reported Adjusted EBITDA(1) of $736 million and Adjusted net income of $471 million ($4.88 per share on a diluted basis(1)). This compares with Adjusted EBITDA(1) of $429 million and Adjusted net income of $180 million ($1.90 per share on a diluted basis(1)) for the year ended December 31, 2012.
Ibadan Traders Protest Against High Cost of Fish
All Africa Global Media - Fri Jan 17, 11:31AM CST
Fish traders in Ibadan on Thursday protested against the high cost of the frozen products.
Methanex Completes Transaction With JV Partner Arab Petroleum Investments Corporation
Marketwire - Thu Dec 19, 4:01PM CST
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) is pleased to announce it has completed its sale of an approximate 10% equity share in Egyptian Methanex Methanol Company S.A.E. (EMethanex) to Arab Petroleum Investments Corporation (APICORP) for $110 million. Methanex announced this expected sale on October 22, 2013. This increases APICORP's ownership in the joint venture to approximately 17%. Methanex will remain the operator and majority shareholder of EMethanex with just over 50% ownership. The remaining interest is held by Egyptian Petrochemical Holding Company (12%); Egyptian Natural Gas Holding Company (12%); and Egyptian National Gas Company (9%).
Methanex to Present at Jefferies 2013 Global Industrials Conference
Marketwire - Wed Aug 07, 4:01PM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) will be presenting at the upcoming Jefferies 2013 Global Industrials Conference in New York City, NY. Mr. John Floren, Methanex's President and CEO, will speak to investors on Wednesday, August 14, 2013 at approximately 4:00 p.m. ET (1:00 p.m. PT).
Methanex and Carbon Recycling International Sign Landmark Investment Agreement for Advanced Renewable Fuel Production
Marketwire - Tue Jul 30, 6:31AM CDT
Methanex Corporation (TSX: MX)(NASDAQ: MEOH) announced today an initial $5 million investment in Carbon Recycling International (CRI), a privately held company with headquarters in Reykjavik, Iceland. Methanex will also evaluate further investments to support CRI's growth. CRI operates the world's first renewable methanol plant in Iceland which utilizes its emissions-to- liquids (ETL) technology, converting renewable energy and recycled CO2 emissions to renewable methanol. As a result of this investment, Methanex will become one of the key shareholders of CRI, with Board representation.
