Methanex secures long-term gas supplies in New Zealand Methanex announced that it has secured further gas supplies in New Zealand. The new gas quantities equate to about 2.5M tonnes of methanol production over the next five years.
News For MEOH From The Last 14 Days
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Methanex initiated with a Buy at Citigroup Citigroup expects methanol producers to benefit from an improved outlook in 2015 as new methanol-to-olefins capacity in China ramps up. The firm started shares of Methanex with a Buy rating and $82 price target.