Successful Acquisition of OCI's Methanol Business
Methanex closed the acquisition of OCI's methanol business, adding two world-scale facilities in Beaumont, Texas. This strategic acquisition is expected to significantly strengthen Methanex's production portfolio and contribute to future growth.
Increased Global Methanol Demand
Global methanol demand increased by approximately 4% in Q2 2025 compared to Q1 2025, driven primarily by higher demand in China across various applications.
Strong Production and Operational Highlights
Higher production was achieved in Geismar and Trinidad, with successful operation of G3 at high rates. The new Beaumont and Natgasoline assets have operated safely and at full rates since acquisition.
Positive Developments in Natural Gas Availability in Chile
Despite seasonal idling, positive developments in natural gas availability in Chile were noted, indicating potential for improved production rates over time.
Strong Financial Position
Ended Q2 2025 with $485 million in cash and access to a $600 million undrawn revolving credit facility, with plans to focus on deleveraging in the near term.