Methanex and mitsui o.s.k. lines announce closing of strategic partnership

Vancouver, british columbia and tokyo, feb. 01, 2022 (globe newswire) -- methanex corporation (tsx:mx) (nasdaq:meoh) (methanex) and mitsui o.s.k. lines, ltd. (tse:9104) (mol) announced the completion of the previously announced strategic partnership involving methanex's waterfront shipping (wfs) subsidiary (note 1). methanex has received proceeds of approximately us$145 million from mol for a 40 percent minority interest in wfs. methanex will retain the remaining 60 percent majority interest in wfs and continue to operate wfs as a key element of its global supply chain capabilities.
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