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MEOH - Tronox: Economic Reopening Providing Boost To U.S. Industrials Play
Methanex Corporation
Tronox – the hybrid commodities/ industrials play continues to post pleasing results despite some mid-year price action turbulence.
The firm continues to benefit from commodity price inflationary forces and an industrial re-opening.
Measures have been taken to beef up the balance sheet.
Capital discipline, solid relative valuation metrics and a healthy dose of conservatism are likely to provide tailwinds for the company into the new year.