{"id":688989,"date":"2022-09-26T17:04:35","date_gmt":"2022-09-26T21:04:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\/"},"modified":"2022-09-26T17:04:35","modified_gmt":"2022-09-26T21:04:35","slug":"methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\/","title":{"rendered":"Methanex Invests in Technology to Reduce Emissions at New Zealand Site by Over 50,000 Tonnes"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">VANCOUVER, British Columbia, Sept.  26, 2022  (GLOBE NEWSWIRE) &#8212; Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world\u2019s largest producer and supplier of methanol, is pleased to announce it has made a significant investment to reduce carbon emissions at its Motunui facility in New Zealand.<\/p>\n<p align=\"justify\">This multi-million-dollar investment will involve improving the technology in the facility\u2019s distillation columns over the next 12 months. The efficiency improvements provide an economic payback within two years. Once completed, this project has the potential to reduce the site\u2019s carbon emissions by over 50,000 tonnes per annum, the equivalent of taking 20,000 cars off the road.<\/p>\n<p align=\"justify\">\u201cWe\u2019re excited to announce this new investment in our Motunui facility as a demonstration of our commitment to emissions reduction in New Zealand and globally,\u201d said Stuart McCall, Managing Director, Methanex New Zealand. \u201cWith this new technology, we will no longer need to distill crude methanol at our Waitara Valley plant, thereby reducing our energy consumption and overall emissions.\u201d<\/p>\n<p align=\"justify\">\u200b\u200b\u200b\u200b\u200b\u200b\u200bThis New Zealand project is just one of several opportunities currently being progressed by Methanex around the world to further improve the company\u2019s environmental performance through emissions reduction.<\/p>\n<p align=\"justify\">\u201cAs the world\u2019s largest producer and supplier of methanol, Methanex is committed to playing an active role in the transition to a low-carbon economy,\u201d said Vanessa James, Senior Vice President, Corporate Development &amp; Sustainability. \u201cIn alignment with commitments made in our recent Sustainability Report, we are proud to invest in emissions reduction technologies such as that at our Motunui plant, and we will continue to explore lower-carbon pathways to producing methanol across all of our global operations.\u201d<\/p>\n<p align=\"justify\">More information on Methanex\u2019s sustainability commitments is available in the company\u2019s <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Ri6zjQ4pKutmtiPmyEenNQChQ6QtkKEPvzDoHCCf8aoo_Oz4f3n-KLbKlu9XWJrlJzg7ajgr8bpGhfyVXdomoQuXzH-AUAVtKG7xQ7s3TQDTPc8cVoBbaqB_PCWVwwuK3FRZJ997HE-GWmEoM6mjkVXf4JfrFY0VJh05xLSn3L6H0s2oYxr1XOXOWSnST1WWB4V_yEgRgj6O4jNMkRE4hg8S5vjuElaiveljE952tA8=\" rel=\"nofollow noopener\" target=\"_blank\"><u>2021 Sustainability Report<\/u><\/a> or by request at the media contact below.<\/p>\n<p align=\"justify\">Methanex is a Vancouver-based, publicly traded company and is the world\u2019s largest producer and supplier of methanol to major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada under the trading symbol &#8220;MX&#8221; and on the NASDAQ Global Select Market in the United States under the trading symbol &#8220;MEOH&#8221;. For more information, please visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=4iW5d0sIXyE-SA_NHPETRESIfThDRbvLi2a8Y04SjBq_jZGj-2G7Bup743AuvcoYp3x3xIO--at7yqI6Di36Fw==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.methanex.com<\/u><\/a>.<\/p>\n<p align=\"justify\">\n        <strong>For further information, contact:<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <strong>Methanex Media Inquiries<\/strong><br \/>\n        <br \/>Nina Ng<br \/>Manager, Global Communications<br \/>+1-604-661-2600 or Toll Free: +1-800-661-8851<\/p>\n<p align=\"justify\">\n        <strong>Methanex Investor Inquiries<\/strong><br \/>\n        <br \/>Sarah Herriott<br \/>Director, Investor Relations<br \/>+1-604-661-2600 or Toll Free: +1-800-661-8851<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1MzU0NiM1MTcyNDY0IzIyMjM3ODQ=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NTgzNDU3OGUtZWYwNC00ZDNhLWE3YjAtOGQ0ZjhmNTRmY2M3LTEyMzUzMzc=\/tiny\/Methanex-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>VANCOUVER, British Columbia, Sept. 26, 2022 (GLOBE NEWSWIRE) &#8212; Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world\u2019s largest producer and supplier of methanol, is pleased to announce it has made a significant investment to reduce carbon emissions at its Motunui facility in New Zealand. This multi-million-dollar investment will involve improving the technology in the facility\u2019s distillation columns over the next 12 months. The efficiency improvements provide an economic payback within two years. Once completed, this project has the potential to reduce the site\u2019s carbon emissions by over 50,000 tonnes per annum, the equivalent of taking 20,000 cars off the road. \u201cWe\u2019re excited to announce this new investment in our Motunui facility as a demonstration of our commitment to emissions reduction in New &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Methanex Invests in Technology to Reduce Emissions at New Zealand Site by Over 50,000 Tonnes&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-688989","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Methanex Invests in Technology to Reduce Emissions at New Zealand Site by Over 50,000 Tonnes - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Methanex Invests in Technology to Reduce Emissions at New Zealand Site by Over 50,000 Tonnes - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"VANCOUVER, British Columbia, Sept. 26, 2022 (GLOBE NEWSWIRE) &#8212; Methanex Corporation (TSX:MX) (NASDAQ:MEOH), the world\u2019s largest producer and supplier of methanol, is pleased to announce it has made a significant investment to reduce carbon emissions at its Motunui facility in New Zealand. This multi-million-dollar investment will involve improving the technology in the facility\u2019s distillation columns over the next 12 months. The efficiency improvements provide an economic payback within two years. Once completed, this project has the potential to reduce the site\u2019s carbon emissions by over 50,000 tonnes per annum, the equivalent of taking 20,000 cars off the road. \u201cWe\u2019re excited to announce this new investment in our Motunui facility as a demonstration of our commitment to emissions reduction in New &hellip; Continue reading &quot;Methanex Invests in Technology to Reduce Emissions at New Zealand Site by Over 50,000 Tonnes&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2022-09-26T21:04:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODY1MzU0NiM1MTcyNDY0IzIyMjM3ODQ=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Methanex Invests in Technology to Reduce Emissions at New Zealand Site by Over 50,000 Tonnes\",\"datePublished\":\"2022-09-26T21:04:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\\\/\"},\"wordCount\":402,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=ODY1MzU0NiM1MTcyNDY0IzIyMjM3ODQ=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/methanex-invests-in-technology-to-reduce-emissions-at-new-zealand-site-by-over-50000-tonnes\\\/\",\"name\":\"Methanex Invests in Technology to Reduce Emissions at New Zealand Site by Over 50,000 Tonnes - 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