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Blue Chip Growth

Stock Report: Methanex Corporation (MEOH) Report Updated: Apr 14, 2014 | Print This Page

Get more stock ratings by Louis Navellier

Methanex Corporation (MEOH)

Rating: Buy Volatility: Conservative
Total Grade: B Industry: Chemicals
Competitors: CCF, NTIC, DOW, CBT

Stock Analysis

Rating: Monthly View

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Rating: Weekly View

This Week: B down no change
Last Week: B same no change
Two Weeks Ago: B up no change
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Company Profile

Methanex Corporation, together with its subsidiaries, engages in the production, marketing, and sale of methanol. The company also purchases and re-sells methanol produced by others. Its methanol is a clear liquid commodity chemical that is used to produce traditional chemical derivatives, including formaldehyde, acetic acid, and various other chemicals. The company’s methanol is also used in energy-related applications; for blending into gasoline, as a feedstock in the production of dimethyl ether, which can be blended with liquefied petroleum gas for use in household cooking and heating, and in the production of biodiesel; and used to produce methyl tertiary-butyl ether, a gasoline component, as well as used into olefins applications. The company supplies its methanol to petrochemical producers and distributors in North America, the Asia Pacific, Europe, and Latin America. Methanex Corporation was founded in 1968 and is headquartered in Vancouver, Canada.

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