Core Viewpoint - Pomerantz LLP is investigating claims of potential securities fraud or unlawful business practices involving Methanex Corporation and its officers or directors [1]. Group 1: Company Performance and Events - On March 9, 2025, Methanex announced an unplanned outage at its 1.8 million tonne methanol plant, Geismar 3, in Louisiana, which occurred in late February [3]. - Following the outage announcement, Methanex's management decided to repair the autothermal reformer (ATR) and estimated a plant startup by early May 2025 [3]. - The stock price of Methanex fell by $5.45 per share, or 12.9%, closing at $36.80 per share on March 10, 2025, after the announcement [4]. Group 2: Legal and Regulatory Context - Pomerantz LLP, a firm known for its work in corporate, securities, and antitrust class litigation, is leading the investigation into Methanex [5]. - The firm has a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct [5].

Core Insights - Methanex Corporation released its 2024 Sustainability Report, highlighting progress on sustainability topics relevant to the company and its stakeholders [1] - The company achieved its best-ever safety performance in 2024, ranking in the top ten percent for safety among members of the American Chemistry Council's Responsible Care [2] - Methanex is recognized as the world's largest producer and supplier of methanol, contributing to sustainable solutions and improving everyday life [2][3] Company Overview - Methanex is a publicly traded company based in Vancouver, Canada, and is the largest global supplier of methanol [3] - The company's shares are listed on the Toronto Stock Exchange under the symbol "MX" and on the Nasdaq under "MEOH" [3] - Methanex emphasizes its commitment to safety, environmental impact reduction, and community contributions in its sustainability efforts [2]