Methanex Corporation updated production guidance for the year 2024. The company expects production guidance for 2024 to approximately 7.0 million tonnes (Methanex interest). 2024 production guidance has been lowered primarily because of the Geismar 3 start-up delay.

This expected production guidance is based on the mid-point of Chile and New Zealand production guidance, G3 starting up in the third quarter and operating at full rates in the fourth quarter, Egypt restart in the first half of February, and all other plants operating at full rates. Actual production may vary by quarter based on timing of turnarounds, gas availability, unplanned outages and unanticipated events.