IHS Chemical Week

World News and Views :: Top of the News

Methanex Reports Higher Earnings, Finalizes Plans for $550 Million Relocation to Louisiana

1:55 PM MDT | July 26, 2012 | Lindsay Frost

Methanex reported net earnings of $52 million for the second quarter of 2012, up 27% from the year-ago quarter. Adjusted net income of $44 million (47 cts/share) was up 13% year-on-year, but fell short of analysts' estimates of 58 cts/share, as reported by Thomson Reuters (New York). Adjusted Ebitda was reportedly $113 million, up 21%. The higher Ebitda was due to higher sales of methanol, the company says. The company had sales of $656 million, up 5% year-on-year. The adjusted net income includes charges for the $550-million relocation of an idle facility in...

This information is only available to Chemical Week subscribers.


Forgot your user ID or password?
Click here to have it sent to you.

Risk Free Trial

Email Address

First Name

Last Name

Click here to register and get your RISK-FREE access to chemweek.com

Not an IHS Chemical Week
24/7 member yet?

Here's why you should be:

  • Searchable online archive access of the last 2 years of Chemical Week.
  • Print or digital magazine subscription
  • Price and market change alerts
  • Economic data and statistics
  • Buyers' Guides
  • Webcasts | whitepapers




contact us | about us | customer care | privacy policy | sitemap | advertise

ihsCopyright © 2015 IHS, Inc. All rights reserved. Reproduction in whole or in part without permission is prohibited.

North Asia Russia Southeast Asia China India/Pakistan Middle East Eastern Europe Western Europe Central America Canada USA Australia/New Zealand South America Africa