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Methanex to indefinitely idle Titan methanol plant in Trinidad after failing to secure new gas contract
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Methanex to indefinitely idle Titan methanol plant in Trinidad after failing to secure new gas contract
  • Methanex will start indefinitely idling its Titan methanol plant in Trinidad and Tobago after failing to secure a new natural gas contract.
  • Titan’s existing gas contract expires in Q3 2026; the 860,000-tonne-per-year facility will be preserved for a potential restart.
  • The Atlas methanol plant joint venture, 63.1% owned, remains indefinitely idled in a preserved state.
  • Titan is not contributing to adjusted EBITDA or adjusted free cash flow; no material cash costs expected from the idling process.
  • Any changes to production or financial guidance are slated for the company’s Q2 update on July 28, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Methanex Corporation published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202606291655PRIMZONEFULLFEED9754378) on June 29, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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