Page 6 - John Floren News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Methanex to shutter Titan in Pt Lisas: 60 workers to go Methanex Trinidad Limited, Point Lisas Industrial Estate, Point Lisas - JEFF K MAYERS Methanex on Thursday announced that the Titan methanol plant in Point Lisas will remain idled indefinitely. The plant was initially idled last March, with the company then citing covid19 and weakened international demand for that decision. In a statement on its website, the company said as a result, it has made a decision to restructure its Trinidad operations to support a one-plant operation. It will reduce its Trinidad workforce by approximately 60 po...

Image source: Getty Images Every so often, a stock comes across your way that is a screaming buy but is not flashy enough, and so is not covered like other popular stocks. One such company is Canada-based Methanex (TSX:MX)(NASDAQ:MEOH). Let’s take a look at the company’s stellar turnaround in the last few months and if the stock remains a buy for 2021. Huge moat for Methanex Methanex stock has risen 162% since I recommended it on May 4, 2020. Since then, I have written about the stock four more times, always with a buy recommendation, and the stock hasn’t disappoin...