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Stock Market & Financial Investment News

News Breaks
January 31, 2013
05:29 EDTMEOHMethanex sees Q1 methanol demand remaining healthy, prices relitively stable
The methanol price will ultimately depend on the strength of the global economy, industry operating rates, global energy prices, new supply additions and the strength of global demand.
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August 27, 2014
05:19 EDTMEOHMethanex anticipates lower Trinidad gas supply in 2H14
Methanex announced that it anticipates gas curtailments in Trinidad in the second half of 2014 to be higher than those experienced in the first half of the year. The National Gas Company, or NGC, has advised Methanex that it should expect higher curtailments in the second half of 2014 due to upstream platform maintenance and tie-in activities and the ongoing mismatch between upstream commitments to supply NGC and downstream demand from NGC's customers. Methanex now estimates curtailments to its two Trinidad facilities to be in the range of 20% for the second half of 2014. The company continues to work with the Trinidad government and other stakeholders with a view to resolving gas supply shortfalls to its Trinidad plants. However, the situation is dynamic and it is difficult to forecast the gas curtailments or when 100% gas supply can be expected to return to the company's Trinidad facilities.

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