China has recently introduced an M85 or 85% methanol national standards for blending methanol with gasoline, which took effect on the 1st of December, 2009. And we expect an M15 or 15% methanol national standard to be introduced later this year. Provincial programs in China will also continue to support more methanol fuel-blending. For example, we understand that Xanji [ph] province, which has been blending methanol into gasoline for more than 20 years is planning to introduce an M30 or 30% blending standard later this year. Also, the oil majors, such as Sunnytech [ph] have begun retailing M15 fuels in Xanji. And we understand that by the end of this year, all retail stations in this province will be offering methanol blends.Read the rest of this transcript for free on seekingalpha.com
Methanex Corporation Q1 2010 Earnings Call Transcript
Check Out Our Best Services for Investors
Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts
David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
Every recommendation goes through 3 layers of intense scrutinyquantitative, fundamental and technical analysisto maximize profit potential and minimize risk.
Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.