Choose your preferred way to stay informed of new case launches and settlement deadlines
On February 20, 2024, Methanex issued a press release “announc[ing] . . . that commercial production of its new 1.8 million tonne methanol plant, Geismar 3 (G3), in Geismar, Louisiana has been delayed due to complications that occurred in the autothermal reformer (ATR) during the late stages of the initial start-up process.” Methanex stated that significant damage was sustained to a large number of supporting refractory bricks in the vessel which will require replacement, causing commercial production to be delayed up to the end of the third quarter of 2024. Following this news, Methanex’s stock price fell over 6%.
In order to be eligible to join the MEOH class action lawsuit, you must have incurred a loss on shares of Methanex Corporation purchased during the class period listed above.
TOP
