NEWS RELEASE
A Responsible Care” Company
Methanex Corporation
1800 – 200 Burrard St.
Vancouver, British Columbia
Canada V6C 3M1
Investor Relations: 604-661-2600
Toll-Free: 1-800-661-8851
www.methanex.com
For immediate release
April 23, 2012
METHANEX AND OCI ENTER INTO METHANOL OFFTAKE AGREEMENT
Methanex Corporation has entered into a long-term offtake agreement with Orascom Construction Industries
(“OCI”) for a significant portion of the production from its methanol plant in Beaumont, Texas, which is expected
to commence commercial production in June 2012.
Methanex’s Vice-President, Marketing and Logistics, North America, Vanessa James, commented, “We are
pleased to be entering into this agreement with OCI, which will complement our supply capability to our
customers in North America.”
Methanex is a Vancouver-based, publicly traded company and is the world’s largest supplier of methanol to
major international markets. Methanex shares are listed for trading on the Toronto Stock Exchange in Canada
under the trading symbol “MX”; on the NASDAQ Global Market in the United States under the trading symbol
“MEOH”; and on the Foreign Securities Market of the Santiago Stock Exchange in Chile under the trading
symbol “Methanex”. Methanex can be visited online at www.methanex.com.
Orascom Construction Industries (“OC!”) is a leading international nitrogen fertilizer producer and engineering
and construction company with its headquarter in Cairo, Egypt. OCI Beaumont is an integrated ammonia and
methanol production facility strategically located on the Gulf Coast in Beaumont, Texas. The plant has the
capacity to produce 0.25 million tonnes of anhydrous ammonia and 0.75 million tonnes of methanol per year.
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Inquiries:
Jason Chesko
Director, Investor Relations
Methanex Corporation
604-661-2600
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