Entering text into the input field will update the search result below

Methanex reaches six-year gas supply deal for Chile operations

Oct. 09, 2019 3:34 PM ETMethanex Corporation (MEOH) Stock, MX:CA StockMEOHBy: Carl Surran, SA News Editor
  • Methanex (MEOH +0.4%) says it restructured existing arrangements with Chilean energy firm Empresa Nacional del Petroleo for natural gas supply to support ~25% of its annual production capacity in the country through 2025.
  • MEOH expects the gas supply, when combined with commitments from other suppliers, will allow as much as 75% of a two-plant operation, or annual production of up to 1.3M metric tons.
  • The company's Chile operations have a combined capacity of 1.7M mt/year through the Chile I - which has been restarted after completing the first phase of a major refurbishment - and Chile IV facilities.

Recommended For You

More Trending News

Related Stocks

SymbolLast Price% Chg
MEOH
--
MX:CA
--