Methanex Gains Regulatory Nod for Acquisition of OCI Global Methanol Business

Deal News | Jun 12, 2025 | Globenewswire

Methanex Corporation, headquartered in Vancouver and recognized as the world's largest methanol producer, has secured all necessary regulatory approvals to complete its acquisition of OCI Global's international methanol business. The clearance follows the expiration of the U.S. Hart-Scott-Rodino Antitrust Act review period. This strategic acquisition, due to close on June 27, 2025, aligns with Methanex's goals of expanding its global footprint and enhancing production capabilities. The company anticipates significant synergies from the merger, ushering in commodity diversification and an increased methanol output. However, it acknowledges the risks tied to such transactions, including integration challenges and unanticipated costs. Methanex's shares are publicly traded on both the Toronto Stock Exchange and Nasdaq.

Sectors

Chemical Manufacturing
Mergers and Acquisitions

Geography

United States – The regulatory approval under the U.S. Hart-Scott-Rodino Antitrust Act indicates significant U.S. involvement in the transaction.
Canada – Methanex Corporation is based in Vancouver, British Columbia, marking Canada's involvement in the transaction.

Industry

Chemical Manufacturing – This industry classification is relevant as Methanex is the world's largest producer and supplier of methanol, a critical chemical component in the production of various goods.
Mergers and Acquisitions – This classification applies since the article discusses the acquisition of OCI Global's methanol division by Methanex Corporation.

Financials

Not specified – The article does not mention the financial terms of the acquisition.

Participants

Name	Role	Type	Description
Methanex Corporation	Acquiring Company	Company	A Vancouver-based company and the world's largest producer and supplier of methanol.
OCI Global	Target Company	Company	The company whose international methanol business is being acquired by Methanex.
Rich Sumner	President and CEO of Methanex	Person	Leading the acquisition strategy for Methanex.
U.S. Government - Regulatory Authority	Regulatory Approval	Government	Provided the necessary antitrust approval for the acquisition under the U.S. Hart-Scott-Rodino Act.