Methanex (Methanex) Construction In Progress

: $1,355 Mil (As of Dec. 2023)

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Methanex's quarterly construction in progress increased from Jun. 2023 ($1,195 Mil) to Sep. 2023 ($1,291 Mil) and increased from Sep. 2023 ($1,291 Mil) to Dec. 2023 ($1,355 Mil).

Methanex's annual construction in progress increased from Dec. 2021 ($562 Mil) to Dec. 2022 ($1,002 Mil) and increased from Dec. 2022 ($1,002 Mil) to Dec. 2023 ($1,355 Mil).

Methanex Construction In Progress Historical Data

The historical data trend for Methanex's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Methanex Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Construction In Progress

155.87

386.91

561.86

1,001.89

1,355.50

Methanex Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Construction In Progress																1,001.89	1,100.24	1,194.68	1,291.00	1,355.50

Methanex Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

Methanex (Methanex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Methanex Corp (NAS:MEOH) » Definitions » Construction In Progress

Comparable Companies

Traded in Other Exchanges

MEOH:Mexico MX5:Germany MX:Canada

Address

200 Burrard Street, 1800 Waterfront Centre, Vancouver, BC, CAN, V6C 3M1

Website

https://www.methanex.com

Methanex Corp manufactures and sells methanol. Methanex's customers use methanol as a feedstock to produce end-products including adhesives, foams, solvents, and windshield washer fluids. The firm also sells its products to the oil refining industry, where the methanol is blended with gasoline to produce a high-octane fuel or blended as a component of biodiesel. Methanex distributes its products through a global supply chain that includes the operation of port terminals, tankers, barges, rail cars, trucks, and pipelines. China generates the most revenue of any geographical segment.

Executives

M&g Investment Management Ltd

10 percent owner

10 FENCHURCH AVENUE, LONDON X0 EC3M 5AG