Methanex (MEOH) Expands Methanol Bunkering Services in South Korea and ARA Region

Methanex Corporation (NASDAQ:MEOH) ranks among the top NASDAQ stocks with low P/E ratios. The Methanex Corporation (NASDAQ:MEOH) established strategic alliances on September 23 to supply methanol bunkering services in South Korea and the Amsterdam-Rotterdam-Antwerp area.

Methanex Corporation (NASDAQ:MEOH) and TankMatch collaborated to offer barge-to-ship methanol bunkering services in the ARA region. The collaboration expands upon an earlier agreement between OCI Global and UniBarge, which Methanex obtained by acquiring OCI.

The South Korea and ARA collaborations both make use of Methanex’s existing supply chain and the local knowledge of nearby bunkering operators.

According to the Methanex Corporation (NASDAQ:MEOH), all of its partners fulfill its operational and safety requirements. It has also offered safety packages and technical advice to companies that are using methanol as marine fuel.

Methanex Corporation (NASDAQ:MEOH) is a methanol manufacturer with operations in Asia Pacific, North America, Europe, and South America.

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Disclosure: None. This article is originally published at Insider Monkey.