Methanex Management Says Absence of Prior-Quarter Impairment Charge Drives Q3 2026 Net Income Rise
Bitget2026/10/29 21:30- Methanex management commentary attributed third-quarter 2026 shareholder net income growth to USD 265 million primarily to the prior quarter's impairment charge.
- Adjusted EBITDA fell to USD 543 million from USD 577 million, reflecting lower realized methanol prices and higher cash costs.
- Management attributed continued methanol pricing strength to significant industry supply losses caused by the Middle East conflict.
- Production declined to 2,143,000 tonnes as seasonal gas constraints in Chile and Titan's indefinite idling offset strong North American operations.
- Operating cash flow reached USD 646 million, supported by higher year-over-year prices, increased produced sales volumes and working capital inflows.
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