Methanex corporation provides update on trinidad and tobago operations

Vancouver, british columbia, oct. 13, 2023 (globe newswire) -- methanex corporation (tsx:mx) (nasdaq:meoh) announced today that it has signed a two-year natural gas agreement with the national gas company of trinidad and tobago (ngc) for its currently idled, wholly owned, titan methanol plant (“titan”) (875,000 tonnes per year capacity) to restart operations in september 2024. simultaneously, the company announced its intention to idle the atlas methanol plant (“atlas”) (methanex interest 63.1% or 1,085,000 tonnes per year capacity) in september 2024, when its legacy 20-year natural gas agreement expires.
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