| Business Summary | | Methanex
Corporation
is
a
producer
and
marketer
of
methanol.
Methanol,
produced
primarily
from
natural
gas,
is
a
basic
chemical
building
block
used
to
manufacture
formaldehyde,
methyl
tertiary
butyl
ether,
acetic
acid
and
a
variety
of
chemical
intermediates.
The
Company
operates
methanol
production
facilities
located
in
North
America,
New
Zealand
and
Chile,
and
sources
additional
methanol
produced
by
others
throughout
the
world.
It
sells
methanol
through
an
extensive
global
marketing
and
distribution
system. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | Methanex
Corporation
is
engaged
in
the
production
and
sale
of
natural
gas
based
petrochemical
products,
primarily
methanol
and
gasoline.
For
the
six
months
ended
6/30/01,
revenues
increased
68%
to
$714.1
million.
Net
income
totalled
$109.1
million,
up
from
$19.2
million.
Revenues
reflect
increases
in
methanol
prices
and
the
average
realized
price
per
ton.
Earnings
also
reflect
decreased
depreciation
expenses
and
increased
interest
income. | More
from
Market Guide: Significant
Developments |
| Officers | |
| Position | Jeffrey Lipton | Chairman | Pierre Choquette | Pres,
CEO | Allan Cole | VP,
Fin. and CFO | W. Emmerton | VP,
Gen. Counsel and Sec. | Fred Williams | VP,
Marketing |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|