Methanex announces closure of Motunui plant
Gas contracts sold to Genesis Energy as Taranaki site to be 'indefinitely idled' from 2027.
The Methanex plant at Motunui.
Tim Hunter
Wed, 02 Sep 2026
Hot Topic
ELECTION
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Methanol producer Methanex has announced its New Zealand operations are “not sustainable” and will close next year.
In a brief statement to the Toronto Stock Exchange, Methanex said it had agreed to sell “substantially all” of its New Zealand gas entitlements from the first quarter of 2027
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Tim Hunter
Wed, 02 Sep 2026
Contact the Writer: thunter@nbr.co.nz
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© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Methanex announces closure of Motunui plant
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