Methanex acquired OCI's methanol business amidst global market pressures, including lower production in Egypt and Chile due to gas constraints, while China demand rose.

2 reports, 2 independent Updated Aug 1

Gone quiet Reached 2 outlets in its first 24 hours

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Developments: 3
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What happened

Some supportReported by 2 outlets

Methanex acquired OCI's methanol business amidst global market pressures, including lower production in Egypt and Chile due to gas constraints, while China demand rose.

Who's involved

What this event is mainly about

Methanex Chile Egypt

How it developed

Newest first. Tap a step to see who reported it.

Jun 8Leviathan gas supply to Egypt and Jordan was suspended following the Iran-Israel conflict.Sub-event
Jun 8Methanex completed the acquisition of OCI's methanol business, securing facilities in Beaumont, Texas, and the Netherlands.Sub-event
Aug 1Methanex acquires OCI business; production dips in Egypt/Chile; China demand up.1 source
- GuruFocus.com

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Part of

Methanex's production output was affected by lower gas availability in Egypt and Chile, while Trinidad boosted overall output.

Also in this story

Methanex closed a plant due to gas supply issues, prompting a minister to blame the Labour party for the sector crash.Sep 3

All 3 developments

The entities involved

Methanex
Canadian methanol company
- Aphrodite developments are supplying natural gas to Trinidad and Tobago, where Methanex plants are closed and Proman faces cost-saving measures.Sun 02:38
Chile
country in South America and Oceania, with a claim in Antarctica
- A businessman is featured in a story about powerlifting championships in Santiago, pledges funds for a home rebuild, and analyzes how crime drains regional economies.Mon 17:36
- Chile and Peru share the infrastructure of the Andean copper belt.Mon 16:32
Egypt
country in Northeast Africa and Southwest Asia
- Leaders from Greece, Egypt, and Cyprus are meeting to advance cooperation on natural gas and energy matters through a Trilateral cooperation mechanism.Mon 17:18
- The new event details established facts regarding Egypt, including the Camp David Accords, the function of the Suez Canal connecting to the Red Sea, the reliance of the population on the Nile, and Sisi's tenure.Mon 17:17

Related events

Methanex is a major employer in Taranaki and operates methanol facilities in New Zealand.Sep 4

Coverage

Newest first; wire copies grouped

Aug 1GuruFocus.comMethanex Corp (MEOH) Q2 2025 Earnings Call Highlights: Strategic Acquisitions and Market Dynamics Average Realized Price: $374 per tonne for the second quarter. Produced Sales: Approximately 1.5 mill
Jul 31GlobeNewswireMethanex Reports Second Quarter 2025 Results Except where otherwise noted, all currency amounts are stated in United States dollars. Financial and Production Highlights Net income attributable to Met