NZ opportunities driving growth for Methanex

Fri, 27 Jul 2012

July 27 (BusinessDesk) - Methanex, the world's largest producer of methanol, says projects in New Zealand and Louisiana are driving the company's near-term growth, as it works to reopen its 900,000-tonne-a-year Waitara Valley plant. Methanex recently restarted the second methanol "train" at its Motonui plant, following agreement with Todd Energy for a new 10-year gas supply contract, capable of producing 650,000 tonnes of methanol annually. However, the impact of that initiative has yet to show up in production figures, with New Zealand metha...

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