AIFPA Meeting Company Overview Kevin Kerik, Manager Responsible Care September 6, 2012 © 2012 METHANEX CORPORATION 1 Global Locations © 2012 METHANEX CORPORATION 2 Vancouver Worlds Largest supplier of methanol 1100 Employees Globally Manufacturing Locations 1. Canada – Medicine Hat 2. Chile – Punta Arenas 3. Egypt – Damietta 4. New Zealand – New Plymouth 5. Trinidad – Point Lisas 6. Louisiana – Geismar (2014) M & L Offices • Brussels • Cairo • Dallas • Dubai • Santiago • Shanghai & Hong Kong • Seoul & Tokyo 1800 Waterfront Center, 200 Burrard Street, Vancouver © 2012 METHANEX CORPORATION 3 Production Sites: Medicine Hat, Canada Original Start-up 1981 / Idle since 2001 450 ktpy; 100% MX; liquid gas market Capex committed & restart April 2011 © 2012 METHANEX CORPORATION 4 Egypt • 1.3 million tonne plant in Damietta, Egypt (Methanex 60%/0.8 mt) EMethanex Plant Site, Damietta, Egypt © 2012 METHANEX CORPORATION 5 New Zealand • Currently operating two of three plants (850 million tonnes) in New Zealand • Improved natural gas supply outlook Motunui 0.8 – 1.7 million tonnes per annum • We are targeting to restart a third plant in New Zealand in the next year Waitara Valley 0.5 million tonnes per annum © 2012 METHANEX CORPORATION 6 Trinidad • Currently operating both plants our equity ownership represents 2.05 million tonnes) • Trinidad is well located to supply markets in North America and Europe Atlas 1.15 million tonnes per annum (63.1% Mx Interest) Titan 0.9 million tonnes per annum © 2012 METHANEX CORPORATION 7 WaterFront Shipping Expansive Terminals and Shipping With our 1.4 million tonne global storage capacity, we offer an extensive network throughout Asia, North America, Latin America, Europe and the Middle East Waterfront Shipping is a wholly-owned Methanex subsidiary that manages the world’s largest fleet of methanol tankers. This allows for control and flexibility in delivery of product to customers ›A fleet of 19 tankers ›Size: 100K dwt to 3.4K dwt ›Average age, less than 9 years ›A best-in-class fleet operating reliably Waterfront Shipping’s fleet of 19 tankers provides you with enhanced reliability of supply maximizes opportunities, minimizes cost, and enhances our preferred supplier status © 2012 METHANEX CORPORATION Chile • 3.8 million tonne capacity - 4 plants, 1 in operation (reduced rates) • Since 2007 we have operated our methanol facility significantly below capacity due to curtailments of natural gas supply from Argentina. • We are investing in supporting the acceleration of natural gas exploration in Chile in partnerships with ENAP, GeoPark, and Wintershall Punta Arenas, Chile 0.94 million tonnes per annum © 2012 METHANEX CORPORATION 9 Geismar Strategic Location Methanex Geismar 4/13/2015 © 2012 METHANEX CORPORATION 10 Mammoet: Mighty Servant © 2012 METHANEX CORPORATION 11 Modules - Transportation © 2012 METHANEX CORPORATION Modules – Sea freight © 2012 METHANEX CORPORATION Methanol Incident Tanker carrying Methanol – reports suggest lightening was the cause of the fire MALAYSIA - LABUAN SHIP EXPLOSION: 2 MORE BODIES FOUND: 4 IN TOTAL Kuala Lumpur. The accident happened early on Thursday as the vessel was being loaded with methanol on the island of Labuan, and police suspect a lightning strike triggered the three huge blasts. The blasts aboard the MV Bunga Alpinia triggered a raging inferno that Saiman said took firefighters 30 hours to extinguish. © 2012 METHANEX CORPORATION 14 Methanol Type of Foam required for Alcohol vapour suppression and fires - ARFFF. Methanol Fire & Explosion Youtube POSSIBLE REPRODUCTIVE HAZARD: May cause fetotoxic (toxic to the fetus during the latter stages of pregnancy, often through the placenta) and teratogenic effects (causing malformations of the fetus), based on animal information. © 2012 METHANEX CORPORATION 15 © 2011 2012 METHANEX CORPORATION 16 Methanol Process • Methanol is primarily produced from natural gas Natural Gas Reforming @ ~900oC Steam [& Oxygen] Compression Synthesis @ ~80atm syngas CO CO2 H2 Cooling crude CH3O H H2O Distillation @ low T & P chemical grade CH3O H © 2012 METHANEX CORPORATION 17 •Methanol Video © 2011 2012 METHANEX CORPORATION 18 Thank You © 2012 METHANEX CORPORATION 19