14:08:52 EDT Wed 16 Jul 2025
Enter Symbol
or Name
USA
CA



Methanex Corp
Symbol MX
Shares Issued 67,387,492
Close 2024-10-08 C$ 58.43
Market Cap C$ 3,937,451,158
Recent Sedar Documents

Globe says Methanex seen surging with China

2024-10-09 07:49 ET - In the News

The Globe and Mail reports in its Wednesday, Oct. 9, edition that Methanex is a Canadian company with significant exposure to China's market. The Globe's guest columnist Arjun Deiva writes in the Number Cruncher column that Methanex, the world's largest methanol producer, ranked No. 1 on his screen of eight Canadian companies with 27.4 per cent of its sales coming from China. Methanol is gaining traction as a cleaner alternative to fossil fuels, and, according to an MIT Technology Review study, China is betting big on methanol-powered vehicles to reduce carbon emissions. A rebound in consumer spending and travel could fuel increased automobile demand, driving up methanol consumption and thus benefiting Methanex. For investors looking to tap into China's recovery with a more cautious approach, Canadian companies, such as Methanex, with substantial revenue from China present an alternative to direct investments in Chinese equities. These firms' diversified operations offer downside protection if the Chinese rally falters.

© 2025 Canjex Publishing Ltd. All rights reserved.