Methanex and Entropy have entered into an agreement to invest in a Preliminary Front-End Engineering and Design study for carbon capture, utilization and sequestration deployment at Methanex’s Medicine Hat, Alberta facility. Click link for more details. https://t.co/xJsxzRS58L
Q1 highlights: Adjusted EBITDA of $160 million; add'l financial capacity through renewal of existing $300 million revolving credit facility, addition of $200 million tranche. Work progressing to safely repair G3; plant on track to start up Q3. More here: https://t.co/3cG8aCZcwp
We've released our 2023 Sustainability Report, which covers our progress on the sustainability topics that are most material to us and our stakeholders, including our performance against our 2023 goals. Check out the full Sustainability Report here: https://t.co/76NEvCc8PQ
Q4 2023 earnings results highlights include Adjusted EBITDA of $148 million; our Geismar 3 (G3) plant is in the start-up process, and we expect it to ramp up to full rates over February. Press release and earnings call playback: https://t.co/VSdnGT05uW
Q3 2023 earnings highlights included adjusted EBITDA of $105 million, G3 progressing safely to plan, commercial production expected around end of 2023, increasing our Chile production guidance with increased gas from Argentina. Release and call playback: https://t.co/3cG8aCZcwp
The 5th Edition of the Methanol Safe Handling Manual provides an overview of critical methanol safety information, including methanol health and fire risks, and how to mitigate them through proper safe handling procedures.
https://t.co/08lYSYgpFE
#methanol#efuel#energy
Q2 2023 earnings highlights include adjusted EBITDA of $160 million, G3 plant progressing safely, on time and on budget to start up in Q4 2023, returned $51 million to shareholders. Press release and earnings call playback: https://t.co/gXYjUhJUHH
During his April update, our CEO talked about the G3 project transitioning from construction to commissioning - work required to start up the plant and begin producing methanol. The G3 team later shared a brief video to highlight some of the commissioning work underway.
We're proud to share some 2022 accomplishments, made possible by our team. We progressed planning for the transition to a low-carbon economy, expanded our methanol dual-fuel fleet, and continued to demonstrate our commitment to safety.
Read more: https://t.co/T0GVYuFiF7
Yesterday, we reported earnings results for Q1 2023. Highlights include Adjusted EBITDA of $209 million and our Geismar 3 plant progressing on time and on budget with production expected in Q4 2023. Find the press release and earnings call playback here: https://t.co/VSdnGT05uW
Our 2022 Sustainability Report outlines the sustainability commitments and performance goals we've set that support our aim to lead the industry in the transition to a low-carbon economy while creating long-term value.
Read the full press release: https://t.co/f7TyfDmbOg
Paul Hexter, President of our subsidiary, Waterfront Shipping, will be speaking on the panel “First Movers: Shipowners and operators chart a course to lower-carbon fuels” at the TradeWinds Green Seas Fuels Forum on March 9 in New York City. Register today: https://t.co/8rSa0Nftba
We’ve completed the first-ever net-zero voyage fuelled by bio-methanol, helping demonstrate that bio-methanol can help achieve net-zero carbon emissions today.
See video below, read full press release here: https://t.co/1C5nKROFrm
We reported earnings results for Q4 2022. Highlights: Adjusted EBITDA of $160 million, our G3 plant progressing on time and on budget with production expected in Q4 2023, and a strong liquidity position with $858 million in cash.
Release and playback: https://t.co/VSdnGT05uW
In partnership with @StenaLine and @PortGot, we’re proud to announce that the Stena Germanica, the world’s first methanol ferry, was the first non-tanker to successfully complete ship-to-ship methanol bunkering.
Read the full press release: https://t.co/WNpJCfBuTY
Happy Lunar New Year from all of us at Methanex! Wishing you peace, health and prosperity throughout the Year of the Rabbit.
#YearOfTheRabbit#LunarNewYear
Paul Hexter, President of Waterfront Shipping, a subsidiary of Methanex, joins other maritime industry leaders from around the world to share their perspectives and 2023 wishes for a sustainable marine industry in a recent article compiled by @safety4sea: https://t.co/Vu5nN8mRMp
Thank you to our partners and customers for a year of generosity and coming together. Wishing you and yours a happy and safe 2023 from all of us at Methanex!