Methanex Provides Update On New Zealand Operations
MX•Methanex to idle New Zealand production facilities in 2027
Sept. 1 (Reuters) - Methanex Corp MX.TO:
- Methanex provides update on New Zealand operations
- Methanex Corp - to indefinitely idle New Zealand production facilities during Q1 2027
- Methanex Corp - does not expect material cash costs from idling New Zealand facilities
- Methanex Corp - determined New Zealand operations not sustainable, taken steps to optimize value
- Methanex Corp - to sell substantially all New Zealand gas entitlements starting Q1 2027
Source text: ID:nGNX1DKDFZ
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