Geismar 3 ("G3") Produces First Methanol and Methanex Reports Higher Second Quarter 2024 Earnings
MEOHMethanex(MEOH) Newsfilter·2024-07-31 05:03

Except where otherwise noted, all currency amounts are stated in United States dollars. Net income attributable to Methanex shareholders of 35millionandAdjustedEBITDAof35 million and Adjusted EBITDA of 164 million in the second quarter. Our average realized price in the second quarter was 352pertonnecomparedto352 per tonne compared to 343 per tonne in the first quarter of 2024.The repairs to the autothermal reformer are complete on the 1.8 million tonne methanol plant, Geismar 3 ("G3"). First methanol was successfully produced in late July and the pla ...