Methanex in Trinidad and Tobago

Trinidad and Tobago, with its large natural gas reserves, highly skilled workers and strategic location to Methanex markets, is an ideal low-cost production location. Methanex supplies North American and Western European methanol markets from its Trinidad facility.

The facility's total production is averaged at 2.5 million tonnes per year, all of which is exported, contributing to Trinidad and Tobago's position as the world's leading methanol exporter.

The Methanex Trinidad Titan Plant

The Methanex Trinidad facility, located on the Point Lisas Industrial Estate, uses the latest oxygen reforming technology in making methanol. The Titan Plant produces 850,000 tonnes of methanol a year. It began commercial production in June 2000.

The Atlas Facility

The Atlas facility was constructed adjacent to the Titan Plant, in a joint venture between Methanex Corporation (63.1 per cent) and BP Trinidad and Tobago (36.9 per cent). bpTT is a major upstream gas producer accounting for approximately 70 per cent of the country's natural gas production.

The Atlas facility, which began production in mid-2004, has a production capacity of 1.7 million tonnes per year and is one of the largest single train methanol plants in the world. The engineering design features an on-site air separation plant that is one of the largest of its kind, with the capacity to produce 2,800 tonnes of pure oxygen per day.

For more information about Methanex in Trinidad, please contact:

Public Affairs

Methanex Trinidad Limited

Maracaibo Drive

Point Lisas Industrial Estate, Couva

P.O. Box 723, Couva Post Office, Couva

Trinidad and Tobago, West Indies.

T: +1 868 679 4400

F: +1 868 679 2400

mxtrinidad@methanex.com