Methanex relocates from Auckland to Hong Kong  (From left) InvestHK's Mark Michelson; Director of Marketing and Logistics, Asia Pacific, Methanex, Mike Herz; Secretary for Commerce, Industry and Technology, Joseph WP Wong; Methanex President & CEO Bruce Aitken; Senior Vice President of Global Marketing & Logistics, Methanex, John Floren

Methanex, the world's largest producer and marketer of methanol, recently relocated its headquarters from Auckland, New Zealand, to Hong Kong - a move reflecting Asia's position as the fastest growing methanol market in the world.

Methanex President and CEO Bruce Aitken says the move is a recognition of the importance of this market. "Our new office in Hong Kong is part of our commitment to customers to be a reliable, high quality, long term supplier."

Mike Herz, Director, Marketing and Logistics, Asia Pacific, says: "Hong Kong provides a well developed business infrastructure, access to talented professionals, a great place to live and a convenient location from which to deepen our customer relationships and grow our business in Asia. In addition to the regional head office in Hong Kong, we have other Asian marketing offices in Seoul, Tokyo and Shanghai."

Officiating at the opening ceremony, the Secretary for Commerce, Industry and Technology, Joseph Wong, says "the company's decision reinforces Hong Kong's position as the preferred location for international businesses to manage their regional operations and as the gateway to expand into other markets in Asia-Pacific."

Methanex Corporation has production plants in Chile, Trinidad and Tobago and New Zealand with terminalling and marketing offices worldwide.

Methanol is a liquid petrochemical and a basic building block used by large petrochemical companies to produce formaldehyde, acetic acid, MTBE (methyl tertiary butyl ether) and a variety of other chemical intermediates. Methanol is used in the production of hundreds of everyday products, from windshield washer fluid and plastic bottles to paints and aspirin.

Methanex is a Vancouver-based, publicly traded company and is listed on the Toronto Stock Exchange in Canada and on the Nasdaq National Market in the United States.

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