Methanex (MEOH) Tops Q2 EPS by 9c
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Methanex Second Quarter 2021 Results Demonstrate Favourable Methanol Industry Fundamentals and Strong Cash Generation Capability
July 28, 2021 5:00 PM EDTExcept where otherwise noted, all currency amounts are stated in United States dollars.
Robust methanol prices supported an increase in net income attributable to Methanex shareholders to $107 million and Adjusted EBITDA to $262 millionStrong liquidity and financial strength supported by a healthy cash balance, deleveraging initiatives and meaningful cash generationAnnounced key decisions aligned with our capital allocation priorities, including a restart of construction on the Company's advantaged Geismar 3 project, agreement on key commercial terms for a... More