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Methanex to indefinitely idle its Titan methanol plant in Trinidad due to gas supply issues.

Market News
29 Jun 2026
GlobeNewsWire
View Source
Bearish
pluang ai news

Methanex Corporation announced it will indefinitely idle its Titan methanol plant in Trinidad and Tobago after failing to secure a new natural gas contract. The plant's current gas contract expires in Q3 2026, and tight gas supply conditions have made operations commercially unviable. Methanex will preserve the facility for a potential future restart if conditions improve and will support its employees during this period. The company does not expect significant cash costs from this decision and will provide further updates in its Q2 financial report on July 28, 2026.

More News

Supreme Court rules government geofence data collection is a Fourth Amendment search.

Supreme Court rules government geofence data collection is a Fourth Amendment search.

The U.S. Supreme Court ruled in Chatrie v. U.S. that government collection of location data via geofence warrants constitutes a search under the Fourth Amendment. This decision overturns a lower court ruling and requires further review of whether the...

Market News
Neutral
1 hour ago
DBV Technologies plans BLA submission for VIASKIN® Peanut patch in kids 4-7 after FDA collaboration.

DBV Technologies plans BLA submission for VIASKIN® Peanut patch in kids 4-7 after FDA collaboration.

DBV Technologies is preparing to submit a Biologics License Application (BLA) for its VIASKIN® Peanut patch aimed at children aged 4 to 7 years. The company has engaged in detailed discussions with the FDA to ensure a thorough and efficient review pr...

Market News
Bullish
3 hours ago
Bron and Noah partner to simplify stablecoin access for self-custody wallets worldwide.

Bron and Noah partner to simplify stablecoin access for self-custody wallets worldwide.

Bron, a self-custody crypto wallet provider, has partnered with Noah, a global stablecoin payments infrastructure company, to enable seamless on- and off-ramp access for stablecoins. This integration allows Bron users to easily fund and withdraw from...

Others
Bullish
3 hours ago
Hub Group faces securities fraud lawsuit over misstated financials and revenue recognition errors.

Hub Group faces securities fraud lawsuit over misstated financials and revenue recognition errors.

Bleichmar Fonti & Auld LLP has filed a securities fraud class action against Hub Group and its executives, alleging false financial statements and premature revenue recognition from April 2023 to May 2026. Hub Group disclosed errors that understated ...

Market News
Bearish
4 hours ago
BMO to acquire Euroz Hartleys' Australian metals and mining capital markets business, expanding global reach.

BMO to acquire Euroz Hartleys' Australian metals and mining capital markets business, expanding global reach.

BMO Financial Group announced it will acquire the Australian capital markets business of Euroz Hartleys Group, a leader in metals and mining equity capital markets and advisory services. This acquisition will strengthen BMO's position as a global lea...

Company Fundamentals
Bullish
4 hours ago
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