Investment Thesis
With an established global network of production and distribution assets, Methanex Corporation (MEOH) benefits from scale and high barriers to entry. The company's network of production facilities ensures secure access to cheap natural gas; the primary feedstock in methanol production. The methanol industry continues to forecast strong demand growth which should support steady organic growth of 6-7%. Methanex has been able to grow its business with a focus on creating shareholder value. Since 2012, the firm has prioritized the return of capital to shareholders by growing its dividend by 93% and