Methanex Corp

Common Name
Methanex
Country
Canada
Sector
Basic Materials
Industry
Chemicals
Employees
1,415
Ticker
MX
Exchange
TORONTO STOCK EXCHANGE
Description
Methanex Corporation is a prominent player in the basic materials sector, specializing in the production and marketing of methanol. Methanol is a vital industrial chemical used as a building block for...

Methanex Waste Data Preview

In 2023, Methanex conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards. The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)2024202320222021 - 2017
Total Waste Generated
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Total Waste Recovered
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Total Hazardous Waste Generated
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Non-Hazardous Waste Disposed
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This table provides a simplified preview of selected waste data points. To access the complete dataset with full disclosures and structure, create a free account to purchase the full dataset.

Insights into Methanex's Waste Treatment Practices

In 2023, Methanex generated a total of 5,055 metric tonnes of waste.

Of this amount, 31.87% of Methanex's total waste generated was recovered through methods such as recycling, reuse, or composting, while 68.13% was disposed of through landfilling, incineration, or combustion.

Methanex's Waste Recovery Rate

32%

How much of Methanex's waste is recycled or recovered?

In 2023, Methanex reported a total waste generation of 5,055 metric tonnes, of which 31.87% was recovered through recycling, reuse, or composting. This moderate level of recovery indicates that Methanex is taking steps toward improving its waste diversion practices, though there is still room to enhance recycling and recovery efforts.

Has Methanex reduced its environmental waste footprint over time?

Since 2019, Methanex's total waste generation increased by 6.02%, including a 25% increase in 2023, indicating a persistent upward trend that may reflect scaling operations, inefficiencies in resource use, or a lack of effective waste minimization practices.

Over the same period, Methanex's waste recovery rate remained relatively flat, but increased by 18.56% in 2023, hinting at early momentum toward stronger circularity practices or more robust waste treatment reporting.

Overall, Methanex’s waste generation and recovery data show a mixed and inconsistent trend. A deeper analysis of the company's activities, industry benchmarks, and operational changes is needed to assess its sustainability performance more precisely.

Methanex’s Waste Recovery vs. Disposal Over Time

2019202020212022202301.5 k3 k4.5 k6 ktonnes
  • Total Waste Disposed
  • Total Waste Recovered

Insights into Methanex’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Methanex generated a total of 5,055 metric tonnes of waste.

Of this amount, 24.23% of Methanex's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment. 75.77% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.

Methanex’s Hazardous vs Non-Hazardous Waste Over Time

2019202020212022202301.5 k3 k4.5 k6 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Methanex reduced the environmental impact of its waste?

Since 2019, Methanex's total waste generation increased by 6.02%, including a 25% rise in 2023, reflecting a persistent upward trend that could be linked to operational growth, inefficient material use, or limited investment in waste prevention systems.

Over the same period, Methanex saw a long-term increase of 237.85% in hazardous waste share, but a 31.75% reduction in 2023, indicating a recent improvement that may reflect updated production inputs, enhanced treatment, or stricter controls.

Overall, Methanex's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.

How does Methanex treat its hazardous waste?

In 2023, Methanex reported that 1,225 metric tonnes of its total waste output were classified as hazardous. This represents 24.23% of its overall waste generation.

The company treated this hazardous waste using a combination of methods. A majority (75.43%) was diverted from disposal through recovery-oriented treatments such as recycling or reuse. This suggests that Methanex has established processes to reduce the environmental burden of its most harmful waste streams.

Breakdown of Methanex's Hazardous and Non-Hazardous Waste by Treatment Method

Hazardous WasteDisposed(6.0%)Hazardous WasteRecovered(18.3%)Non-Hazardous WasteDisposed(62.2%)Non-Hazardous WasteRecovered(13.6%)
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