Methanex contemplates further wind back

Methanex has been shuttered. (Image: NZME)

Wed, 11 Sep 2024

In another blow to industry in New Zealand, Methanex, the country’s largest gas user, has proposed shedding staff and moving from a two-plant operation to a one-plant operation “for the foreseeable future”.Methanex’s plants are shuttered until the end of October after the company agreed to sell the gas it would have used to Contact Energy and Genesis Energy.However, the company is now consulting on returning to a smaller operation, with fewer roles and just one plant, with the other “indefinitely idl...

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