Methanex Corp Files Routine 6-K Report
Ticker: MEOH · Form: 6-K · Filed: Sep 9, 2024 · CIK: 886977
| Field | Detail |
|---|---|
| Company | Methanex Corp (MEOH) |
| Form Type | 6-K |
| Filed Date | Sep 9, 2024 |
| Risk Level | low |
| Pages | 9 |
| Reading Time | 11 min |
| Key Dollar Amounts | $2.05 BILLION, $2.05 billion, $30 million, $275 million, $850 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: sec-filing, 6-k, routine-report
TL;DR
Methanex filed its monthly 6-K, just routine paperwork, no big news.
AI Summary
Methanex Corporation filed a Form 6-K on September 9, 2024, reporting for the month of September 2024. The filing is a report of a foreign private issuer and does not contain specific financial figures or operational updates beyond its routine reporting nature.
Why It Matters
This filing indicates Methanex Corporation is fulfilling its regular reporting obligations as a foreign private issuer with the SEC, providing transparency to investors.
Risk Assessment
Risk Level: low — This is a standard, routine filing by a foreign private issuer and does not contain any new material information or financial disclosures that would indicate increased risk.
Key Players & Entities
- Methanex Corporation (company) — Registrant
- 0001628280-24-039829 (filing_id) — Accession Number
- September 2024 (date) — Reporting Period
- September 9, 2024 (date) — Filing Date
- Vancouver, BC Canada (location) — Principal Executive Offices
FAQ
What type of filing is this Form 6-K?
This Form 6-K is a Report of Foreign Private Issuer pursuant to Rule 13a-16 or 15d-16 of the Securities Exchange Act of 1934.
What period does this filing cover?
This filing is for the month of September 2024, with a conformed period of report of 20240908.
What is Methanex Corporation's principal executive office address?
Methanex Corporation's principal executive offices are located at Suite 1800, 200 Burrard Street, Vancouver, BC V6C 3M1, Canada.
Does Methanex Corporation file annual reports under Form 20-F or 40-F?
The filing indicates that Methanex Corporation files annual reports under Form 40-F.
What is the SEC file number for Methanex Corporation?
The SEC file number for Methanex Corporation is 000-20115.
Filing Stats: 2,646 words · 11 min read · ~9 pages · Grade level 17 · Accepted 2024-09-09 14:17:00
Key Financial Figures
- $2.05 BILLION — L'S INTERNATIONAL METHANOL BUSINESS FOR $2.05 BILLION Unique opportunity to acquire world-sc
- $2.05 billion — I") international methanol business for $2.05 billion. The transaction includes OCI's interes
- $30 million — thanex expects to achieve approximately $30 million of annual cost synergies from lower log
- $275 million — d incremental annual Adjusted EBITDA of $275 million to our expected run-rate Adjusted EBITD
- $850 million — ur expected run-rate Adjusted EBITDA of $850 million at a $350MT realized methanol price 1 .
- $350M — te Adjusted EBITDA of $850 million at a $350MT realized methanol price 1 . We remain
- $300 million — The plan includes the repayment of our $300 million bond as scheduled in December 2024."
- $800 million — t time the plant has been upgraded with $800 million of capital for full site refurbishment
- $1.15 billion — billion purchase price will consist of $1.15 billion in cash, the issuance of 9.9 million co
- $450 million — ion common shares of Methanex valued at $450 million (based on a $45 per share price) and th
- $45 — anex valued at $450 million (based on a $45 per share price) and the assumption of
- $3.50m — s assume Henry Hub natural gas price of $3.50mmbtu based on forward curve. Gas contrac
- $30M — un-rate Adjusted EBITDA figures include $30M of cost synergies from logistics optimi
Filing Documents
- methanexandoci.htm (6-K) — 42KB
- mxlogoa22.jpg (GRAPHIC) — 33KB
- 0001628280-24-039829.txt ( ) — 83KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. METHANEX CORPORATION Date September 8, 2024 By s KEVIN PRICE Name Kevin Price Title SVP, General Counsel Corporate Secretary