UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 6-K
REPORT OF FOREIGN PRIVATE ISSUER
PURSUANT TO RULE 13a-16 OR 15d-16
UNDER THE SECURITIES EXCHANGE ACT OF 1934
FOR THE MONTH OF
AUGUST 2006
METHANEX CORPORATION
(Registrant’s name)
SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA
(Address of principal executive offices)
Indicate by check mark whether the registrant files or will file annual reports under cover Form
20-F or Form 40-F.
Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
If “Yes” is marked, indicate below the file number assigned to the registrant in connection with
Rule 12g3-2(b): 82 .
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused
this report to be signed on behalf by the undersigned, thereunto duly authorized.
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METHANEX CORPORATION
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| Date: August 16, 2006 |
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/s/ RANDY MILNER
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Name: |
Randy Milner |
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Title: |
Senior Vice President, General Counsel
& Corporate Secretary |
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| NEWS RELEASE
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Methanex Corporation
1800 – 200 Burrard St.
Vancouver, BC Canada V6C 3M1
Investor Relations: (604) 661-2600
http://www.methanex.com
For immediate release
METHANEX’S NEW ZEALAND METHANOL PLANT RESUMES PRODUCTION
August 16, 2006
Methanex Corporation announced today that is has re-started its 530,000 tonne per year Waitara
Valley methanol plant located in New Zealand. This plant is operated by Methanex as a flexible
asset. The operation of this plant is dependant upon methanol industry supply/demand dynamics and
the availability of natural gas on commercially acceptable terms.
John Floren, Methanex’s Senior Vice President, Global Marketing and Logistics, said, “The decision
to re-start Waitara Valley is driven by our view of methanol industry balances. As a result of
continuing strong demand as well as planned and unplanned supply outages, inventories of methanol
are at extremely low levels. We believe that, in this environment, the methanol industry will
experience tight market conditions over the next year. Operating our New Zealand plant will help
to address some of the additional customer demand that we are experiencing today and offset some of
the shortages that are evident in the market.”
Methanex is a Vancouver based, publicly-traded company engaged in the worldwide production and
marketing of methanol. Methanex shares are listed for trading on the Toronto Stock Exchange in
Canada under the trading symbol “MX” and on the NASDAQ Global Select Market in the United States
under the trading symbol “MEOH.” Methanex can be visited online at www.methanex.com.
This news release contains forward-looking statements. Certain material factors or assumptions
were applied in drawing the conclusions or making the forecasts or projections that are included in
these forward-looking statements and Methanex believes that it has a reasonable basis for making
such forward-looking statements. However, forward-looking statements, by their nature, involve
risks and uncertainties that could cause actual results to differ materially from those
contemplated by the forward-looking statements. The risks and uncertainties include those attendant
with producing and marketing methanol and successfully carrying out major capital expenditure
projects in various jurisdictions, the ability to successfully carry out corporate initiatives and
strategies, conditions in the methanol and other industries including the supply and demand balance
for methanol, actions of competitors and suppliers, world-wide economic conditions and other risks
described in our 2005 Management’s Discussion & Analysis. Undue reliance should not be placed on
forward-looking statements. They are not a substitute for the exercise of one’s own due diligence
and judgment. The outcomes anticipated in forward-looking statements may not occur and we do not
undertake to update forward-looking statements.
-end-
Inquiries:
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| Wendy Bach
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Diana Barkley |
| Director, Investor Relations
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Director, Public Affairs |
| Methanex Corporation
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Methanex Corporation |
| 604-661-2600
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604-661-2600 |