Methanex Corporation Annual Information Form
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METHANEX CORPORATION ANNUAL INFORMATION FORM www.methanex.com March 13, 2013 TABLE OF CONTENTS Page REFERENCE INFORMATION ...................................................................................................................................................... 3 CAUTION REGARDING FORWARD-LOOKING STATEMENTS .......................................................................................... 4 THE COMPANY ............................................................................................................................................................................... 6 BUSINESS OF THE COMPANY .................................................................................................................................................... 7 Overview of the Business ...................................................................................................................................................... 7 DEVELOPMENT OF THE BUSINESS AND CORPORATE STRATEGY ............................................................................... 7 Our Strategy ........................................................................................................................................................................... 7 Global Leadership.................................................................................................................................................................. 7 Low Cost ............................................................................................................................................................................... 8 Operational Excellence .......................................................................................................................................................... 8 METHANOL INDUSTRY INFORMATION ................................................................................................................................. 9 General .................................................................................................................................................................................. 9 Demand Factors ..................................................................................................................................................................... 9 Supply Factors ..................................................................................................................................................................... 12 Methanol Prices ................................................................................................................................................................... 12 PRODUCTION ................................................................................................................................................................................ 13 Production Process .............................................................................................................................................................. 13 Operating Data and Other Information ................................................................................................................................ 13 MARKETING .................................................................................................................................................................................. 14 DISTRIBUTION AND LOGISTICS ............................................................................................................................................. 14 NATURAL GAS SUPPLY .............................................................................................................................................................. 15 General ................................................................................................................................................................................ 15 New Zealand ........................................................................................................................................................................ 15 Trinidad ............................................................................................................................................................................... 16 Egypt ................................................................................................................................................................................... 16 Canada ................................................................................................................................................................................. 16 Chile .................................................................................................................................................................................... 16 United States ........................................................................................................................................................................ 17 FOREIGN OPERATIONS AND GOVERNMENT REGULATION ......................................................................................... 17 General ................................................................................................................................................................................ 17 Chile .................................................................................................................................................................................... 18 Trinidad ............................................................................................................................................................................... 18 New Zealand ........................................................................................................................................................................ 18 Egypt ................................................................................................................................................................................... 18 RESPONSIBLE CARE ................................................................................................................................................................... 18 ENVIRONMENTAL MATTERS .................................................................................................................................................. 19 Management of Emissions ................................................................................................................................................... 20 INSURANCE .................................................................................................................................................................................... 21 COMPETITION .............................................................................................................................................................................. 21 EMPLOYEES .................................................................................................................................................................................. 21 RISK FACTORS .............................................................................................................................................................................. 21 DIVIDENDS ..................................................................................................................................................................................... 21 CAPITAL STRUCTURE ................................................................................................................................................................ 22 RATINGS ......................................................................................................................................................................................... 22 MARKET FOR SECURITIES ....................................................................................................................................................... 23 DIRECTORS AND EXECUTIVE OFFICERS ............................................................................................................................ 24 INTEREST OF MANAGEMENT AND OTHERS IN MATERIAL TRANSACTIONS .......................................................... 25 EXPERTS ......................................................................................................................................................................................... 25 LEGAL PROCEEDINGS ............................................................................................................................................................... 25 AUDIT COMMITTEE INFORMATION ..................................................................................................................................... 26 The Audit Committee Charter ............................................................................................................................................. 26 Composition of the Audit Committee .................................................................................................................................. 26 Relevant Education and Experience .................................................................................................................................... 26 Pre-Approval