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
JANUARY 2007
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: January 30, 2007 |
By: |
/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 SECURES FURTHER GAS SUPPLY TO OPERATE ITS NEW ZEALAND PLANT UNTIL THE END OF THE YEAR
January 30, 2007
Methanex Corporation announced today that is has secured additional natural gas supply that will
enable it to continue to operate its 530,000 tonne per year New Zealand plant until at least the
end of 2007. This plant is a flexible asset for Methanex, with operations dependant upon methanol
industry supply and demand 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 extend the operation of our New Zealand plant through to the end of this year is driven by our
view of methanol industry balances. In part, the continuing delay of new capacity coming on stream
and our expectation that some of this new capacity will initially run at low operating rates
supports our view that market fundamentals will remain favourable in 2007. Operating our New
Zealand plant will help to ensure continued reliable supply to our customers and provide
incremental profits for our shareholders.”
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 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, changes in laws or regulations in foreign
jurisdictions, 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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Jason Chesko
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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 |