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Stock impact report

Methanex (MEOH) to Lower Methanol Production's Emissions [Yahoo! Finance]

Methanex Corporation (MEOH) 
Last methanex corporation earnings: 1/29 05:01 pm Check Earnings Report
US:NASDAQ Investor Relations: methanex.com/investor-relations
Company Research Source: Yahoo! Finance
engineering and design study for carbon capture, utilization and sequestration (CCUS) deployment at its Medicine Hat, AB facility. This partnership will use Entropy's proprietary modular post-combustion carbon capture technology and Methanex's manufacturing skills to utilize some of the captured CO2 to produce additional methanol, demonstrating the leadership of two Canadian companies in the low-carbon transition. Following the final investment decision, Entropy will build and own the capture equipment adjacent to Methanex's facility, while Methanex will supply utilities, install tie-ins to its facility, and operate the capture equipment once commissioned. The primary project highlights consist of the goal to capture about 400 tons of CO2 per day from emissions. The economic impact entails about C$100 million (roughly $75 million) investment, the majority of which will come from Entropy. The investment is expected to generate approximately 200 construction jobs and numerous perm Show less Read more
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