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MEOH

32.87000 USD
0.73
2.27%
Last update Jun 3, 3:59 PM EDT
Post-market
Day range
31.57000
33.37000
Previous close
32.14000
Open
31.62000
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Methanex Corporation
32.87
0.73
2.27%

Overview

Description

Methanex Corporation is a prominent player in the basic materials sector, specializing in the production and marketing of methanol. Methanol is a vital industrial chemical used as a building block for various chemicals, including formaldehyde, acetic acid, and olefins, and is also employed in the fuel industry. As the world’s largest methanol producer, Methanex has a significant market presence, operating production facilities in strategic locations across North America, Asia, South America, and Europe, ensuring a robust global supply chain. The company's operations are pivotal to industries such as automotive, construction, pharmaceuticals, and energy, where methanol's versatility and value as a clean-burning fuel alternative are increasingly recognized. Methanex Corporation invests in innovative technologies that promote the use of methanol as a cleaner energy source, aligning with global sustainability trends. The company's extensive distribution network, supported by its dedicated shipping arm, ensures efficient delivery of methanol to its diverse customer base. By continually adapting to the evolving energy landscape and market demands, Methanex plays a crucial role in facilitating industrial development and supporting environmental initiatives through the promotion of methanol's environmentally friendly attributes.

About

CEO
Mr. Richard W. Sumner
Employees
1415
Address
1800 Waterfront Centre
200 Burrard Street
Vancouver, V6C 3M1, BC
Canada
Phone
(604) 661-2600
Website
Instrument type
Common stock
Sector
Basic Materials
Industry
Chemicals
Country
United States
MIC code
XNGS
Post-market

Exchange is currently open for post-market.
Post market session closes in 17 minutes

19:43
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).