Methanex Corporation (MEOH) stated that it has entered into short-term commercial arrangements to deliver its contractual natural gas into the New Zealand electricity market. As a result, it will temporarily idle its manufacturing operations in New Zealand until October 2024. These commercial arrangements are likely to have a positive impact on Methanex's earnings in the third and fourth quarters of 2024, with after-tax profits expected to significantly exceed the margin lost on New Zealand methanol product ...