Methanex idles production, sells gas for electricity
Deals agreed with Contact and Genesis for extra thermal generation until October.
Methanex has two plants at Motonui in Taranaki, and a third previously idled at Waitara Valley.
Methanol producer Methanex has idled all its production operations in Taranaki until October and entered contracts to provide its gas supplies to Contact and Genesis.
In a statement, the Canada-based multinational said the deals would increase its earnings for the third and fourth quarters “with
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