Methanex Net Worth 2010-2024 | MEOH
Interactive chart of historical net worth (market cap) for Methanex (MEOH) over the last 10 years. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. Methanex net worth as of November 20, 2024 is $3B.
Sector |
Industry |
Market Cap |
Revenue |
Basic Materials |
Chemicals - Diversified |
$2.997B |
$3.723B |
Methanex Corporation is the world's largest supplier of methanol to North America, Asia-Pacific, Europe and Latin America. Around two-thirds of all methanol demand is used to produce traditional chemical derivatives including formaldehyde, acetic acid and a variety of other chemicals that form the basis of a large number of chemical derivatives for which demand is influenced by levels of global economic activity. The remaining one-third of methanol demand comes from energy related applications. Methanol is also used to produce methyl tertiary-butyl ether, a gasoline component, and an emerging application is for methanol demand into olefins. Methanex purchases methanol from others under contract and on the spot market to meet customer requirements. The company sells methanol through a global marketing and distribution system. Apart from the methanol made at its production sites, the company also purchases methanol manufactured by others under methanol offtake contracts and on the spot market.
|