Home World News Methanex provides update in geismar operations

Methanex provides update in geismar operations

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Methanex provides update in geismar operations


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Vancouver, British Columbia, 09 March 2025 (TSX Newswire) – Methanex Corporation (TSX: MX) (NASDAX: MX), today 1.8 million tons of methanol plant, Geismar 3 (G3), Louisiana has been affected by an unplanned cut in late February. After completing various inspections, the management decided to automatically re-install (ATR) and management in early May 2025.

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During this cut, management will be completed and no longer required to complete other planned repair work in G3, which was part of a three-week three-week cut. In this incision, according to the sale of methanol produced, the second quarter is expected to be affected by financial results. The cost of these repairs is not expected to be material.

Methanex is a Vancouver-based, open trading company and is the greatest supplier in the world’s largest methanol. Methanex shares are listed in the Toronto Exchange in Canada as part of the “MX” trade symbol and “MEOH” is in the NASDAQ Stock Market in the United States under the trade symbol. Methanex can be visited online www.methanex.com.

Surveys:
Sarah Herriott
Director, investor relations
Methanex Corporation
604-661-2600 or Toll Free: 1-800-661-8851
www.methanex.com

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