Methanex to idle Trinidad Titan plant after gas contract talks fail
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Methanex Provides Update on Trinidad and Tobago Operations
June 29, 2026 4:56 PM EDTVANCOUVER, British Columbia, June 29, 2026 (GLOBE NEWSWIRE) -- Methanex Corporation (the Company or Methanex) (TSX: MX) (Nasdaq: MEOH) announced today that it has been unable to agree to a new natural gas contract for its Titan methanol plant in Trinidad and Tobago (860,000 tonnes per year capacity) and, as a result, will begin the process of indefinitely idling the facility. Titans existing natural gas contract expires in the third quarter of 2026. Methanex will undertake a preservation process at the Titan plant to provide optionality for a future restart should conditions materially improve. The... More
