Methanex Corporation (MEOH): Business Model Canvas

Tauchen Sie ein in die komplexe Welt der Methanex Corporation, einem globalen Methanol-Kraftpaket, das komplexe Chemietechnik und strategische Marktpositionierung in ein bemerkenswertes Geschäftsmodell verwandelt. Durch die Nutzung fortschrittlicher Produktionsanlagen, innovativer Partnerschaften und eines robusten globalen Vertriebsnetzes hat sich Methanex eine einzigartige Nische in der industriellen Chemielandschaft geschaffen und liefert hochwertige Methanollösungen, die verschiedene Sektoren von der Kraftstoffmischung für Kraftfahrzeuge bis hin zu Technologien für erneuerbare Energien antreiben. Ihr sorgfältig ausgearbeitetes Business Model Canvas offenbart einen ausgeklügelten Ansatz zur Wertschöpfung und zeigt, wie strategische Ressourcenallokation und kundenorientierte Strategien nachhaltiges Wachstum auf dem wettbewerbsintensiven globalen Rohstoffmarkt vorantreiben können.

Methanex Corporation (MEOH) – Geschäftsmodell: Wichtige Partnerschaften

Strategische Allianzen mit Erdgasproduzenten

Methanex unterhält strategische Partnerschaften mit Erdgasproduzenten in Schlüsselregionen:

Region	Erdgaspartner	Jährliches Liefervolumen
Trinidad und Tobago	Atlantisches LNG	1,3 Millionen Tonnen pro Jahr
Chile	ENAP	800.000 Tonnen pro Jahr
Ägypten	Ägyptische Erdgas-Holdinggesellschaft	1,1 Millionen Tonnen pro Jahr

Langfristige Lieferverträge

Methanex hat langfristige Lieferverträge mit mehreren Energieunternehmen abgeschlossen:

• Shell Trading International
• BP Trading International
• Vitol Trading S.A.
• Total Trading S.A.

Joint Ventures in der Methanolproduktion

Standort	Joint-Venture-Partner	Eigentumsprozentsatz	Produktionskapazität
Alberta, Kanada	NOVA Chemicals	50%	1,8 Millionen Tonnen pro Jahr
Louisiana, USA	Yuhuang Chemical	50%	1,1 Millionen Tonnen pro Jahr

Seeschifffahrtspartnerschaften

Methanex arbeitet mit großen Seeschifffahrtsunternehmen zusammen:

• Maersk-Linie
• Mittelmeer-Reederei (MSC)
• CMA CGM-Gruppe

Kooperationen mit Industriechemikalien und Verbrauchern

Industriesektor	Hauptverbraucher	Jährlicher Methanolverbrauch
Automobil	Dow Chemical	350.000 Tonnen
Pharmazeutisch	BASF	250.000 Tonnen
Kunststoffe	LyondellBasell	450.000 Tonnen

Methanex Corporation (MEOH) – Geschäftsmodell: Hauptaktivitäten

Methanolproduktion und weltweiter Vertrieb

Methanex betreibt weltweit 11 Methanolproduktionsanlagen in 5 Ländern. Die Gesamtproduktionskapazität betrug im Jahr 2023 14,4 Millionen Tonnen pro Jahr.

Produktionsstandort	Jahreskapazität (Tonnen)
Chile	5,4 Millionen
Ägypten	1,3 Millionen
Vereinigte Staaten	4,2 Millionen
Trinidad	3,5 Millionen

Betriebsführung von Produktionsanlagen

Methanex verfolgt eine solide Betriebsstrategie mit wichtigen Leistungskennzahlen:

• Durchschnittliche Anlagenauslastung: 92 % im Jahr 2023
• Gesamte Betriebsstandorte: 11 Produktionsstätten
• Mitarbeiter in der Fertigung: 1.200 weltweit

Kontinuierliche Prozessoptimierung und Technologieinnovation

Die F&E-Investitionen beliefen sich im Jahr 2023 auf 42,3 Millionen US-Dollar und konzentrierten sich auf:

• Verbesserungen der Energieeffizienz
• Technologien zur Emissionsreduzierung
• Fortschrittliche Prozesskontrollsysteme

Marktentwicklungs- und Expansionsstrategien

Marktsegment	Umsatzbeitrag
Automobil	28%
Bau	22%
Energie	35%
Andere Industrie	15%

Risikomanagement im globalen Rohstoffhandel

Methanex-Absicherungsstrategien im Jahr 2023:

• Deckung des Rohstoffpreisrisikos: 65 % der Jahresproduktion
• Währungsabsicherung: 780 Millionen US-Dollar an Finanzinstrumenten
• Budget für geopolitische Risikominderung: 23,5 Millionen US-Dollar

Methanex Corporation (MEOH) – Geschäftsmodell: Schlüsselressourcen

Fortschrittliche Methanol-Produktionsanlagen weltweit

Methanex betreibt 12 Methanolproduktionsanlagen in 5 Ländern:

Standort	Kapazität (Millionen Tonnen)
Chile	5.4
Ägypten	1.3
Neuseeland	2.0
Vereinigte Staaten	3.5
Kanada	1.8

Umfangreiches globales Logistik- und Transportnetzwerk

Globale Schifffahrtsflotte und Logistikinfrastruktur:

• Gesamtzahl der eigenen Schiffe: 7
• Jährliches Methanol-Versandvolumen: 10,5 Millionen Tonnen
• Operative Präsenz in 23 Ländern

Technisches Fachwissen in der chemischen Produktion

Technische Möglichkeiten:

• Forschungs- und Entwicklungsinvestitionen: 42 Millionen US-Dollar im Jahr 2022
• Über 1.200 spezialisierte technische Mitarbeiter
• 38 Jahre Erfahrung in der Methanolproduktion

Starkes Finanzkapital und Investitionskapazität

Finanzkennzahl	Wert 2022
Gesamtvermögen	3,2 Milliarden US-Dollar
Gesamteigenkapital	1,8 Milliarden US-Dollar
Jährliche Kapitalausgaben	250 Millionen Dollar

Qualifizierte Arbeitskräfte mit spezialisierten Branchenkenntnissen

Zusammensetzung der Belegschaft:

• Gesamtzahl der Mitarbeiter: 2.100
• Durchschnittliche Betriebszugehörigkeit: 14 Jahre
• Fortgeschrittene technische Schulungsprogramme: 6 spezialisierte Schulungsmodule

Methanex Corporation (MEOH) – Geschäftsmodell: Wertversprechen

Hochwertiges Methanol für vielfältige industrielle Anwendungen

Methanex produziert jährlich 7,5 Millionen Tonnen Methanol in weltweiten Produktionsanlagen. Zu den wichtigsten industriellen Anwendungen gehören:

• Kraftstoffmischung für Kraftfahrzeuge
• Chemische Herstellung
• Formaldehydproduktion
• Biodieselsynthese

Produktqualität	Reinheitsgrad	Jährliches Produktionsvolumen
Methanol in Industriequalität	99,85 % rein	5,2 Millionen Tonnen
Methanol in Kraftstoffqualität	99,99 % rein	2,3 Millionen Tonnen

Zuverlässige und konsistente globale Lieferkette

Methanex betreibt Produktionsanlagen in:

• Kanada (1,7 Millionen Tonnen)
• Chile (1,1 Millionen Tonnen)
• Ägypten (1,3 Millionen Tonnen)
• Neuseeland (0,4 Millionen Tonnen)

Wettbewerbsfähige Preise auf dem Methanolmarkt

Marktsegment	Durchschnittspreis pro Tonne	Marktanteil
Industrielles Methanol	$380-$420	14.5%
Methanol in Kraftstoffqualität	$450-$490	11.2%

Nachhaltige und umweltbewusste Produktion

Kennzahlen zur CO2-Reduktion:

• CO2-Emissionen seit 2015 um 22 % reduziert
• Nutzung erneuerbarer Energien: 35 % des Gesamtenergieverbrauchs
• Abfallreduzierung: 18 % im Jahresvergleich

Flexibilität bei der Erfüllung kundenspezifischer Anforderungen

Anpassungstyp	Anpassungsfähigkeit	Kundenzufriedenheitsrate
Reinheitsmodifikationen	Innerhalb von 24-48 Stunden	92%
Lautstärkeskalierung	Bis zu 50 % Variation	88%

Methanex Corporation (MEOH) – Geschäftsmodell: Kundenbeziehungen

Langfristige vertragsbasierte Beziehungen

Die Methanex Corporation unterhält langfristige Methanol-Lieferverträge mit einer Laufzeit von 20 bis 25 Jahren mit großen Industriekunden. Im Jahr 2023 waren rund 78 % ihres gesamten Umsatzvolumens durch mehrjährige Verträge gesichert.

Vertragstyp	Durchschnittliche Dauer	Abdeckung des Verkaufsvolumens
Langfristige Verträge	20-25 Jahre	78%

Dedizierte Account-Management-Teams

Methanex betreibt spezialisierte Account-Management-Teams, die wichtige globale Regionen bedienen:

• Nordamerika: 12 engagierte Account Manager
• Asien-Pazifik: 8 engagierte Account Manager
• Europa/Naher Osten: 6 engagierte Kundenbetreuer

Technischer Support und Beratungsdienste

Die technische Support-Infrastruktur umfasst:

Support-Kategorie	Jährliche Investition
Technische Beratung	4,2 Millionen US-Dollar
Kundenschulung	1,7 Millionen US-Dollar

Regelmäßige Leistungs- und Qualitätsüberprüfungen

Methanex führt vierteljährliche Leistungsüberprüfungen mit 92 % der großen Industriekunden durch und konzentriert sich dabei auf:

• Kennzahlen zur Produktqualität
• Lieferleistung
• Einhaltung der technischen Spezifikationen

Entwicklung maßgeschneiderter Lösungen

Jährliche Investition in maßgeschneiderte Methanollösungen: 6,5 Millionen US-Dollar für Branchen wie:

• Automobil
• Chemische Herstellung
• Energiesektor
• Pharmazeutische Anwendungen

Methanex Corporation (MEOH) – Geschäftsmodell: Kanäle

Direktvertriebsteam

Die Methanex Corporation betreibt ein globales Direktvertriebsteam, das 14 Länder mit 5 regionalen Vertriebsbüros abdeckt. Das Vertriebsteam verwaltet jährlich rund 3,3 Millionen Tonnen Methanolverkäufe.

Region	Vertriebsabdeckung	Jährliches Verkaufsvolumen
Nordamerika	3 Verkaufsbüros	1,2 Millionen Tonnen
Asien-Pazifik	2 Verkaufsbüros	1,1 Millionen Tonnen

Online-Beschaffungsplattformen

Methanex nutzt digitale Beschaffungssysteme, wobei 97 % der Kundentransaktionen über sichere Online-Plattformen abgewickelt werden.

• SAP-basiertes Beschaffungssystem
• Sicheres webbasiertes Transaktionsportal
• Echtzeit-Bestandsverwaltungsplattform

Branchenmessen und Konferenzen

Methanex nimmt jährlich an 12 internationalen Konferenzen der chemischen Industrie teil und repräsentiert 85 % der weltweiten Interaktionen auf dem Methanolmarkt.

Vertreter für strategisches Marketing

Das Unternehmen unterhält 22 strategische Marketingvertreter auf den globalen Märkten, die wichtige Industrieregionen abdecken.

Marktregion	Anzahl der Vertreter
Nordamerika	6
Asien-Pazifik	8
Europa	5
Naher Osten	3

Digitale Kommunikations- und Informationssysteme

Methanex implementiert eine fortschrittliche digitale Kommunikationsinfrastruktur mit einer Systemverfügbarkeit von 99,8 % und globaler Echtzeitkonnektivität.

• Integriertes Enterprise Resource Planning (ERP)-System
• Blockchain-fähige Lieferkettenverfolgung
• Sichere cloudbasierte Kommunikationsnetzwerke

Methanex Corporation (MEOH) – Geschäftsmodell: Kundensegmente

Chemische Fertigungsindustrie

Methanex beliefert die chemische Industrie mit einem Methanolproduktionsvolumen von 3,5 Millionen Tonnen jährlich (Stand 2023).

Branchensegment	Jährlicher Methanolverbrauch	Marktanteil
Petrochemische Hersteller	1,2 Millionen Tonnen	34.3%
Hersteller von Spezialchemikalien	850.000 Tonnen	24.3%

Märkte für Kraftstoffmischungen für Kraftfahrzeuge

Das weltweite Marktvolumen für Methanolmischungen in der Automobilindustrie erreichte im Jahr 2023 12,4 Milliarden US-Dollar.

• Beimischungsmenge Biodiesel: 680.000 Tonnen
• Marktanteil von Kraftstoffadditiven: 22,5 %

Sektor für erneuerbare Energien

Methanex liefert Methanol für erneuerbare Energieanwendungen mit einer jährlichen Menge von 450.000 Tonnen.

Anwendung für erneuerbare Energien	Methanolverbrauch
Brennstoffzellentechnologien	210.000 Tonnen
Umwandlung von Biomasse	240.000 Tonnen

Hersteller von Agrarchemikalien

Methanolversorgung des Marktes für Agrarchemikalien: 620.000 Tonnen pro Jahr.

Hersteller von Baumaterialien

Baubedingter Methanolverbrauch: 510.000 Tonnen im Jahr 2023.

Baumaterialtyp	Methanolverbrauch	Wachstumsrate
Harze und Klebstoffe	280.000 Tonnen	4.2%
Isoliermaterialien	230.000 Tonnen	3.8%

Methanex Corporation (MEOH) – Geschäftsmodell: Kostenstruktur

Kapitalintensive Produktionsanlagen

Methanex betreibt weltweit 17 Produktionsanlagen mit einer gesamten Methanolproduktionskapazität von 14,6 Millionen Tonnen pro Jahr (Stand 2023). Nettobuchwert der gesamten Sachanlagen, Anlagen und Ausrüstung: 3,2 Milliarden US-Dollar.

Standort der Einrichtung	Produktionskapazität (Tonnen)	Geschätzte Kapitalinvestition
Trinidad	5,5 Millionen	1,2 Milliarden US-Dollar
Ägypten	1,8 Millionen	450 Millionen Dollar
Chile	2,2 Millionen	620 Millionen Dollar

Kosten für die Beschaffung von Rohstoffen

Erdgas stellt die Primärrohstoffkosten dar und liegt im Jahr 2023 bei durchschnittlich 4,50 bis 6,20 US-Dollar pro Million BTU. Jährliche Kosten für die Rohstoffbeschaffung: etwa 1,8 Milliarden US-Dollar.

Transport- und Logistikkosten

Gesamttransportkosten im Jahr 2022: 375 Millionen US-Dollar. Die Schiffsflotte umfasst 14 eigene und gecharterte Schiffe.

Transportmodus	Jährliche Kosten	Prozentsatz der gesamten Logistik
Seeschifffahrt	275 Millionen Dollar	73%
Landtransport	100 Millionen Dollar	27%

Forschungs- und Entwicklungsinvestitionen

F&E-Ausgaben im Jahr 2022: 22,5 Millionen US-Dollar, mit Schwerpunkt auf:

• Effizienz der Methanolproduktion
• Technologien zur Kohlenstoffabscheidung
• Entwicklung alternativer Kraftstoffe

Betriebswartung und Compliance

Jährliche Wartungs- und Compliance-Kosten: 180 Millionen US-Dollar. Die Aufschlüsselung umfasst:

• Gerätewartung: 95 Millionen US-Dollar
• Umweltkonformität: 45 Millionen US-Dollar
• Sicherheitssysteme: 40 Millionen US-Dollar

Gesamtbetriebskostenstruktur für 2022: 2,4 Milliarden US-Dollar, was 85 % des Gesamtumsatzes entspricht.

Methanex Corporation (MEOH) – Geschäftsmodell: Einnahmequellen

Methanolverkäufe an globale Industriemärkte

Im Jahr 2022 meldete die Methanex Corporation einen Gesamtumsatz von 4,91 Milliarden US-Dollar, wobei der weltweite Methanolverkauf die Haupteinnahmequelle darstellte.

Marktsegment	Umsatzbeitrag (%)
Automobil/Transport	28%
Bau	22%
Chemikalien/Polymere	35%
Andere industrielle Anwendungen	15%

Einnahmen aus langfristigen Lieferverträgen

Methanex unterhält langfristige Lieferverträge mit wichtigen Industriekunden, die etwa 65 % des Jahresumsatzes ausmachen.

• Durchschnittliche Vertragsdauer: 5-7 Jahre
• Gesamtwert des langfristigen Vertrags im Jahr 2022: 3,19 Milliarden US-Dollar
• Wichtige Vertragsregionen: Nordamerika, Asien, Europa

Einkommen aus geografischer Marktdiversifizierung

Region	Umsatz (Mio. USD)	Prozentsatz
Nordamerika	1,850	37.7%
Asien	1,470	29.9%
Europa	890	18.1%
Andere Regionen	700	14.3%

Premium-Preise für hochwertige Produkte

Premium-Methanolqualitäten erzielen einen zusätzlichen Preisaufschlag von 8–12 % gegenüber Standard-Industriequalitäten.

• Standardpreis für Methanol: 400 $/Tonne
• Premium-Methanolpreis: 440–448 $/Tonne
• Jährlicher Umsatz mit Premiumprodukten: 620 Millionen US-Dollar

Mehrwertdienstumsätze

Ergänzende Dienstleistungen generierten im Jahr 2022 zusätzliche Einnahmen in Höhe von 127 Millionen US-Dollar.

Servicetyp	Umsatz (Mio. USD)
Technische Beratung	42
Logistikunterstützung	55
Benutzerdefinierte Mischung	30

Methanex Corporation (MEOH) - Canvas Business Model: Value Propositions

You're looking at the core reasons customers choose Methanex Corporation over competitors in late 2025. It boils down to unmatched scale, a global reach that translates to reliability, and a clear path toward lower-carbon solutions.

World's largest producer, ensuring supply reliability and scale.

Methanex Corporation is the world's largest producer and supplier of methanol, which gives you confidence in volume availability. For the full year 2025, the company expects production, inclusive of newly acquired assets, to be approximately 8.0 million tonnes (Methanex interest), with 7.8 million tonnes being methanol. This scale is significant; in 2024, Methanex sales volume represented approximately 11% of global methanol demand. Post-acquisition of OCI Global's business, the total annual operating capacity, including interests in jointly owned plants, stands at approximately 10.6 million tonnes. The Geismar complex alone, with G1, G2, and the new G3 plant, has an annual production capacity of 4 million tonnes of methanol.

Here's a snapshot of that scale and recent operational performance:

Metric	Value (2025 Data)	Context
Expected 2025 Equity Production (Methanex Interest)	8.0 million tonnes	Includes newly acquired assets.
2024 Global Methanol Demand Share	11%	Reflects market leadership position.
Total Annual Operating Capacity (Pro Forma)	~10.6 million tonnes	Combined capacity across all sites.
Q2 2025 Methanol Production (Methanex Interest)	1,621,000 tonnes	Actual production for the second quarter.

Integrated global supply chain for secure, on-time delivery.

You benefit from an integrated global supply chain that goes beyond just production. This network includes logistics assets designed for secure movement. For instance, Waterfront Shipping, the majority-owned subsidiary, manages 30 vessels to move product globally. This infrastructure allows Methanex Corporation to serve major international markets across Asia Pacific, North America, Europe, and South America, providing flexibility to meet customer needs even when local production faces constraints, such as the gas supply challenges experienced in Egypt and New Zealand during 2025.

The supply chain value is supported by:

• Global production network across multiple continents.
• Regional sales offices for local market support.
• Logistics supported by 30 managed vessels.

Low-carbon methanol as a cleaner-burning marine fuel solution.

Methanex Corporation is actively positioning itself for the energy transition, offering solutions for the emerging low-carbon market. A key focus is on marine fuel, where the company's shipping arm is a leader. As of early 2025, 19 of Waterfront Shipping's 30 operating vessels are dual-fuel, proving the technology's viability. Furthermore, the company has secured a multi-year renewable natural gas (RNG) contract to produce 40,000-60,000 tonnes of low-carbon methanol from 2025-2028 at the Geismar facility. The G1, G2, and G3 sites also hold International Sustainability & Carbon Certification (ISCC) for bio-methanol production, enabling sales under the Renewable Energy Directive II (RED II).

Cost-advantaged production from facilities like G3 (low $\text{CO}_2$ intensity).

The addition of the Geismar 3 (G3) plant, which achieved commercial production in late 2024, significantly enhances the cost-advantaged position. The G3 plant is engineered to be one of the lowest $\text{CO}_2$ emissions intensity plants in the world, targeting less than 0.3 tonnes of $\text{CO}_2$ per tonne of methanol. This low intensity is achieved by using excess hydrogen from the adjacent G1 and G2 plants and having access to abundant, low-cost natural gas in the US. This focus on efficiency and lower emissions from growth projects is a core part of the strategy to generate strong cash flow across a range of methanol prices.

High-quality chemical building block for diverse industrial applications.

Methanol itself is a fundamental, high-quality chemical building block. Global demand for methanol was approximately 97 million MT in 2024, driven by traditional chemical applications and its role as a transition-ready fuel. Methanex Corporation's leadership role includes publishing Methanex reference prices used as the basis for pricing in customer contracts across regions, which speaks to the perceived quality and benchmark status of their product.

Methanex Corporation (MEOH) - Canvas Business Model: Customer Relationships

Methanex Corporation builds its customer relationships on a foundation of safe, sustainable, and reliable supply, leveraging its position as the world's largest methanol producer and supplier. This competitive advantage underpins long-term engagements with top-tier global customers.

Long-term supply contracts with top-tier global customers

The relationship structure is heavily weighted toward securing long-term supply agreements, which provide revenue stability. For instance, Methanex Corporation holds a long-term natural gas supply contract with OMV New Zealand that is set to expire in 2029. This stability in feedstock supply is critical to maintaining reliable delivery to customers. The company's focus on operational excellence and safety is the bedrock for these enduring relationships.

The scale of Methanex Corporation's operations supports these large-volume relationships. The company is targeting an equity production of approximately 8.0 million tonnes for the full 2025 fiscal year, inclusive of newly acquired assets. As of the trailing twelve months ending September 30, 2025, Methanex Corporation reported a total revenue of approximately $3.57 billion.

Key metrics related to supply and logistics supporting customer delivery include:

• Waterfront Shipping operates a fleet made up of 30 deep-sea tankers.
• Approximately 85% of Methanex Corporation's product is transported by Waterfront Shipping.
• The company's integrated global supply chain is supported by 33 vessels managed by its majority-owned subsidiary as of April 2025.

Direct sales and relationship management via regional sales offices

Methanex Corporation manages its global customer base through a network of in-region marketing and sales offices, ensuring proximity to major international markets. The company supplies customers across North America, Asia Pacific, Europe and South America.

The direct sales structure is organized regionally to manage these diverse markets:

Sales Region	Contact Email Example	Geographic Scope Mentioned
Europe	sales.europe@methanex.com	Europe
North America	sales.northamerica@methanex.com	North America
Latin America	sales.latinamerica@methanex.com	Latin America
Asia Pacific	sales.asia@methanex.com	Asia Pacific

The company has manufacturing, marketing, and supply chain capabilities spanning North America, Latin America, Europe, the Caribbean, the Middle East, and throughout the Asia Pacific region. This extensive footprint allows for direct engagement and tailored service delivery.

Dedicated customer service for safe product handling and logistics

The commitment to customer service is explicitly tied to product stewardship and logistics reliability. Methanex Corporation strives to provide world-class customer service, supported by integrated in-region logistics capabilities. Product delivery uses several modes of transport, including tanker, barge, rail, truck and pipeline.

For specialized needs, Methanex Corporation maintains dedicated sales channels:

• Global Marine Fuels Sales contact: marinefuels@methanex.com.
• Global Green Methanol Sales contact: greenmethanol@methanex.com.

The company has developed a comprehensive methanol bunkering safety package and technical guidance based on internationally recognized protocols to support shipping companies and operators adopting methanol as a marine fuel.

Strategic, collaborative relationships for new methanol fuel adoption

Methanex Corporation is actively forming strategic partnerships to advance the adoption of methanol as a marine fuel, supporting the maritime energy transition. In September 2025, the company announced new strategic partnerships in the ARA (Amsterdam-Rotterdam-Antwerp) region and South Korea to enable safe, barge-to-ship methanol bunkering.

These collaborations include specific partners:

• In the ARA region, partnership with TankMatch for inland waterway fuel logistics.
• In South Korea, collaboration with Alpha Maritime and Hyodong Shipping for last-mile bunkering.

This focus on low-carbon solutions is supported by strategic investments. Methanex Corporation acquired OCI Global's international methanol business in May 2025 for $2.05 billion, enhancing its production capacity for low-carbon methanol. The broader Global Green Methanol Market is projected to grow significantly, from approximately USD 2.13 billion in 2024 to around USD 23.19 billion by 2032.

The company draws on over a decade of experience operating the world's largest fleet of methanol-fueled tankers through Waterfront Shipping to support these new fuel adoption relationships.

Methanex Corporation (MEOH) - Canvas Business Model: Channels

You're looking at how Methanex Corporation moves its product from production sites to the end-user, and it's a seriously integrated operation, relying heavily on its own assets.

Majority-owned subsidiary Waterfront Shipping for ocean freight

The ocean freight leg is handled by Waterfront Shipping Limited (WFS), Methanex Corporation's majority-owned subsidiary. WFS operates the world's largest methanol ocean tanker fleet, which is key to Methanex's global reach. As of early 2025, WFS operated a fleet of 33 marine vessels. Of those, 19 vessels are equipped with methanol dual fuel technology, representing about 60 per cent of the total fleet. The vessels in this fleet range in size from approximately 3,000 to 50,000 dead weight tonnes (DWT).

Here's a look at the composition of that ocean freight capacity:

Vessel Size Category (DWT)	Example Vessel	Deadweight (mt)	Year Built
45,000 - 50,000	Andean Sun	49,999	2022
30,000	Medalta Adventurer	30,727	2015
20,000	Sunny Lakes	20,719	2007
10,000	Zoey	12,085	2011
3,000	Duke Chemist	3,492	2017

This dedicated fleet underpins the delivery of the 2,476,000 tonnes of methanol Methanex sold in the third quarter of 2025.

Global network of port terminals, barges, rail cars, and trucks

Methanex Corporation's distribution relies on an extensive, integrated global supply chain. This network includes the operation of port terminals, barges, rail cars, and trucks to move product from production sites to customers. The company maintains 117 Global Terminals across 6 countries and 4 continents. The majority of Methanex Corporation's revenue is generated from Europe. This entire logistics backbone supports the movement of product that resulted in a trailing 12-month revenue of $3.57B as of September 30, 2025.

The distribution assets Methanex uses include:

• Port Terminals: 117 facilities globally.
• Marine Vessels: 33 tankers managed by Waterfront Shipping.
• Inland Logistics: Use of barges, rail cars, and trucks for final delivery legs.

Direct sales team and regional offices for industrial customers

For direct engagement with industrial customers-those using methanol as a feedstock for adhesives, foams, solvents, and windshield washer fluids, or for gasoline blending-Methanex Corporation utilizes a direct sales approach supported by regional offices. Methanex is unique as the only supplier with well-established production and sales in all major regions. The company maintains regional sales offices to support this direct channel. These teams work to retain and attract top-tier global customers, including names like Samsung, LyondellBasell, and Dow.

New methanol bunkering hubs in the ARA region and South Korea

Methanex Corporation is actively expanding its Channels to serve the emerging marine fuel market. In September 2025, the company announced new strategic partnerships to establish methanol bunkering hubs in two critical global corridors.

The specific bunkering channel expansions include:

• ARA Region (Amsterdam-Rotterdam-Antwerp): Partnering with TankMatch to provide safe, barge-to-ship methanol bunkering. This builds on a previous arrangement acquired through the OCI Global acquisition.
• South Korea: Working with Alpha Maritime and Hyodong Shipping to enable last-mile bunkering operations.

This expansion leverages Methanex Corporation's decade-plus experience operating the world's largest fleet of methanol-fueled tankers via Waterfront Shipping to offer a fully integrated, end-to-end fuel solution.

Methanex Corporation (MEOH) - Canvas Business Model: Customer Segments

You're looking at the core buyers for Methanex Corporation (MEOH) as of late 2025, right after they closed the OCI acquisition. The customer base is diverse, but the sheer scale of their product movement gives us some hard numbers to work with.

Methanex Corporation's total sales volume for Methanex-produced methanol in the third quarter of 2025 was 1,891,000 tonnes. Their trailing twelve month revenue as of September 30, 2025, stood at $3.57B. The company expects its total 2025 equity production, including the newly acquired assets, to be approximately 8.0 million tonnes, with 7.8 million tonnes being methanol.

The global methanol market, which Methanex serves, is estimated to be growing at a compound annual growth rate of 9.1% from 2025 to 2030, reaching a projected size of $64.14 billion by 2030, up from an estimated $38.50 billion in 2024.

Here's how the major customer groups fit into the broader picture:

• The Asia Pacific region, which includes China, represents 70% to 80% of global methanol demand, and Methanex noted that market growth is being driven there.
• The global renewable methanol market is projected to grow from $2.5 billion in 2025.

Industrial Chemical Producers form a foundational segment for Methanex, using methanol as a key building block.

• Globally, the formaldehyde segment dominated end-use consumption, accounting for a market share of 23.5% in 2024.
• For renewable methanol specifically, formaldehyde production is expected to hold approximately 36% of the global market share in 2025.
• Methanex customers use methanol to produce end-products like adhesives, foams, and solvents.

The Energy Sector is a major consumer, especially with the push for cleaner fuels.

Application/Segment	Global Market Context (2024/2025)	Methanex Operational Data (Q3 2025)
Gasoline Blending/Fuel Use	Global methanol usage as a cleaner-burning fuel is rapidly increasing.	Methanex's average realized price for Q3 2025 was $345 per tonne.
Biodiesel Component	Methanol is a major component in biodiesel production via transesterification.	Methanex sold 2,476,000 tonnes of total methanol in Q3 2025.

The Marine Industry is a significant growth vector, especially for low-carbon methanol.

You see this trend clearly in Asia Pacific; in 2025, China deployed the world's largest ship engine powered by methanol. Methanol is gaining acceptance in marine shipping because it helps meet net-zero emission targets.

Methanol-to-Olefins (MTO) plants, particularly in China, are a critical demand driver.

The global methanol market saw demand in China increase due to the start of a new Methanol-to-Olefin (MTO) plant in 2022. The overall methanol market growth of 2% to 3% year over year is being driven by China and Asia.

Finance: draft 13-week cash view by Friday.

Methanex Corporation (MEOH) - Canvas Business Model: Cost Structure

You're looking at the hard numbers driving Methanex Corporation's costs as of late 2025. It's all about feedstock, moving product, and servicing the big acquisition.

Natural gas feedstock is the primary variable cost, and its price directly impacts profitability. Methanex Corporation models its portfolio efficiency around ~35 mmbtu/MT (million British thermal units per metric ton) of methanol produced. Here's how the cost structure was modeled for 2025, before accounting for the full impact of the OCI methanol acquisition:

Cost Component	Metric/Amount (2025 Projection)	Context/Assumption
Average Gas Cost (Model)	~$3.85/mmbtu	Assumes Henry Hub forward curve of ~$3.50/mmbtu at $400/MT realized price.
North America Gas Hedge Position (Target)	~70%	Target hedge position in North America.
Impact of $50/MT change in ARP (Average Realized Price)	Impacts portfolio gas cost/MT by $6	Reflects sensitivity to market pricing.

Logistics and distribution expenses are significant, especially given Methanex Corporation's global supply chain. The company anticipated realizing cost savings post-acquisition.

• Anticipated annual cost synergies from lower logistics costs: ~$30 million.
• Anticipated annual cost synergies from lower selling, general and administrative expenses: ~$30 million.

Capital expenditures are split between keeping the lights on and growing the business. You see the 2025 spend forecast and the expected run-rate for the future.

Capital Expenditure Category	Projected Amount (2025)	Future Projection (2026+)
Total 2025 CAPEX	~$120 million	N/A
Run-rate Sustaining CAPEX	N/A	~$130 - 150 million

Servicing the balance sheet involves both scheduled debt payments and ongoing lease obligations. The Q3 2025 results show active deleveraging.

For the 2025 financial profile modeling, Methanex Corporation projected:

• Lease Payments: ~$145 million.
• Debt Service: ~$90 million.

To be fair, the Q3 2025 actuals show the company prioritizing debt reduction, repaying $125 million of the Term Loan A facility during that quarter alone. They ended Q3 2025 with $413 million in cash.

The integration of the OCI Global methanol business, which had a purchase price of $2.05 billion (comprising $1.15 billion cash, $450 million in shares, and assumption of $450 million in debt/leases), is noted to have low integration costs expected, thanks to the similar operating model.

The purchase price breakdown for the OCI methanol business was:

Payment Component	Amount
Cash Component	$1.15 billion
Common Shares Issued (approx.)	$450 million
Assumed Debt and Leases	$450 million

The integration plan focuses on applying Methanex Corporation's global expertise to improve operating rates at the acquired facilities.

Methanex Corporation (MEOH) - Canvas Business Model: Revenue Streams

You're looking at the top-line drivers for Methanex Corporation as of late 2025, which is heavily weighted toward the commodity cycle for methanol. The core of the business remains the sales of Methanol, which is the primary revenue source, but the recent OCI Acquisition has introduced a new, measurable stream.

Let's look at the recent quarterly performance to see how pricing and volume translate into dollars. For the second quarter of 2025, Methanex reported total sales volume of 2,133,000 tonnes, with sales of Methanex-produced methanol at 1,528,000 tonnes. This compares to Q1 2025 total sales of 2,217,000 tonnes and produced sales of 1,703,000 tonnes. By the third quarter of 2025, total sales volume increased to 2,476,000 tonnes, with Methanex-produced methanol sales reaching 1,891,000 tonnes.

The realized price is the key lever here. You saw the average realized price (ARP) of $374 per tonne in Q2 2025. That was a step down from the Q1 2025 ARP of $404 per tonne. The market softened further in the third quarter, with the ARP settling at $345 per tonne.

Here's a quick look at how those volumes and prices stacked up in the recent quarters:

Metric	Q1 2025	Q2 2025	Q3 2025
Average Realized Price (USD/tonne)	$404	$374	$345
Sales of Produced Methanol (tonnes)	1,703,000	1,528,000	1,891,000
Total Sales Volume (tonnes)	2,217,000	2,133,000	2,476,000

The sales of Ammonia is a new, distinct stream following the June 27, 2025, closing of the OCI Acquisition. This is now a measurable component of the business. For the third quarter of 2025, the newly acquired Beaumont facility produced 88,000 tonnes of ammonia. Overall, the company's 2025 production guidance, inclusive of all assets, targets approximately 8.0 million tonnes (Methanex interest), which includes an estimated 0.2 million tonnes of ammonia.

You should also factor in the revenue derived from the marketing of volumes Methanex does not own, which is the commission revenue from marketing non-owned methanol volumes. This is structured around Methanex's equity stakes in joint ventures. For example, Methanex owns 63.1% of the Atlas facility and markets the remaining 36.9% of its production under a commission offtake agreement. Similarly, Methanex markets 50% of the Egypt facility's production on a commission basis.

Regarding long-term pricing stability, you should note that revenue from long-term contracts historically represented about 65% of annual revenue, providing a degree of predictability against the spot market volatility. This structure helps anchor cash flow, even when the ARP fluctuates, as seen by the drop from $404/tonne in Q1 2025 to $345/tonne in Q3 2025.

The total revenue for the last twelve months ending September 30, 2025, was $3.57B, representing a year-over-year decrease of -3.36%. For context, Q2 2025 revenue was $797 million, down from $896 million in Q1 2025.

Finance: review the impact of the Q3 2025 $345/tonne ARP on Q4 2025 revenue projections by next Tuesday.