CEO buying at Methanex (MX)

CEO buying at Methanex (T:MX)

John Floren, CEO and Director, acquired 20,000 Common Shares on a direct ownership basis at a price of $44.000 on August 6th, 2019. This represents a $880,000 investment into the company's shares and an account share holdings change of 33.5%.

Methanex is in the Commodity Chemicals Sub Industry Group under the Basic Materials Sector.

Methanex Corp is a Canada-based producer and supplier of methanol to a range of international markets. The Company operates production sites in Canada, Chile, Egypt, New Zealand, the United States, as well as Trinidad and Tobago. Its global operations are supported by a global supply chain of terminals, storage facilities and a fleet of methanol ocean tankers. The Company's subsidiary, Waterfront Shipping Company Limited, operates its fleet, which is made up of over 20 vessels ranging from 3,000 to 50,000 deadweight tons of capacity. It has over three production facilities in New Zealand that supply methanol primarily to customers in Asia Pacific. The Company operates over two plants in Trinidad, Titan and Atlas, which supply methanol to markets in North America, Europe, Asia Pacific and South America. Its joint venture facility in Egypt supplies methanol to markets in Europe and Asia Pacific. Its plant in Medicine Hat, Alberta, supplies methanol to customers in North America.