MEOH · Methanex Corporation

Summary

Methanex Corporation (MEOH), a global methanol producer, filed its Form 40-F on March 5, 2026, for the fiscal year ended December 31, 2025. This annual information form, required for Canadian issuers listed on U.S. exchanges, incorporates XBRL-tagged financial data under IFRS standards. The filing presents comprehensive balance sheet details, equity movements, property, plant, and equipment (PPE) breakdowns, segment information, and debt disclosures. Key sections cover equity attributable to owners and non-controlling interests across 2023-2025, with detailed PPE categories including buildings, plant installations, machinery, construction in progress, ships, terminals, tanks, and other assets, showing gross carrying amounts and accumulated depreciation. Sensitivity analyses for the New Zealand CGU highlight impacts from natural gas availability and methanol price forecasts on valuations. Investments in joint ventures like Atlas Methanol Company Unlimited and Firewater Natgasoline are noted, alongside unsecured debt instruments (5.125%, 5.25%, 6.25%, 5.65%) and term loans. The document reflects ongoing capital investments, depreciation trends, and operational metrics in units like MMBTU and Mt. No major impairments or extraordinary events are explicitly tagged, indicating stable operations amid methanol market dynamics. This filing ensures U.S. investor compliance with Canadian reporting standards.

Key takeaways

• Form 40-F annual filing for FY 2025 with XBRL-tagged IFRS data including equity, PPE, and debt details.
• PPE breakdown shows ongoing investments in buildings, plants, ships, and construction in progress.
• New Zealand CGU valuation sensitive to natural gas availability and methanol prices.
• Stable debt portfolio with fixed-rate unsecured notes and term loans.
• Joint ventures including Atlas Methanol and Firewater Natgasoline actively reported.