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Proc-Type: 2001,MIC-CLEAR
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<SEC-DOCUMENT>0000945234-04-000325.txt : 20040517
<SEC-HEADER>0000945234-04-000325.hdr.sgml : 20040517
<ACCEPTANCE-DATETIME>20040517142021
ACCESSION NUMBER:		0000945234-04-000325
CONFORMED SUBMISSION TYPE:	6-K
PUBLIC DOCUMENT COUNT:		2
CONFORMED PERIOD OF REPORT:	20040513
FILED AS OF DATE:		20040517

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			METHANEX CORP
		CENTRAL INDEX KEY:			0000886977
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL ORGANIC CHEMICALS [2860]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			A1
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		6-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	000-20115
		FILM NUMBER:		04811477

	BUSINESS ADDRESS:	
		STREET 1:		1800 WATERFRONT CENTER
		STREET 2:		200 BURRARD STREET
		CITY:			VANCOUVER BC CANADA
		STATE:			A1
		ZIP:			00000
		BUSINESS PHONE:		6046847500

	MAIL ADDRESS:	
		STREET 1:		1800 WATERFRONT CENTER
		STREET 2:		200 BURRARD STREET
		CITY:			VANCOUVER BC CANADA
</SEC-HEADER>
<DOCUMENT>
<TYPE>6-K
<SEQUENCE>1
<FILENAME>o13026e6vk.htm
<DESCRIPTION>NEWS RELEASES DATED MAY 13, 2004
<TEXT>
<HTML>
<HEAD>
<TITLE>e6vk</TITLE>
</HEAD>
<BODY bgcolor="#FFFFFF">
<!-- PAGEBREAK -->
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<HR size="4" noshade color="#000000" style="margin-top: -5px">
<HR size="1" noshade color="#000000" style="margin-top: -10px">

<P align="center"><FONT size="4"><B>UNITED STATES<BR>
SECURITIES AND EXCHANGE COMMISSION</B><BR>
</FONT>
<FONT size="3"><B>WASHINGTON, D.C. 20549</B>
</FONT>


<P align="center"><FONT size="5"><B>FORM 6-K</B>
</FONT>

<P align="center"><FONT size="2"><B>REPORT OF FOREIGN PRIVATE
ISSUER<BR>&nbsp;<BR>
PURSUANT TO RULE 13a-16 OR 15d-16<BR>UNDER THE SECURITIES EXCHANGE ACT OF 1934</B>
</FONT>

<P align="center"><FONT size="2"><B>FOR THE MONTH OF MAY 2004</B>
</FONT>

<CENTER>
<P align="center"><FONT size="6"><B>METHANEX CORPORATION</B></FONT>
<FONT size="2">
<HR size="1" width="60%" noshade align="center">
<I>(Registrant&#146;s name)</I>
</FONT>
</CENTER>
<CENTER>
<P align="center"><FONT size="2"><B>SUITE 1800, 200 BURRARD STREET, VANCOUVER, BC V6C 3M1 CANADA</B>
<HR size="1" width="60%" noshade align="center">
<I>(Address of principal executive offices)</I>
</FONT>
</CENTER>

<P><FONT size="2">Indicate by check mark whether the registrant files or will file annual reports
under cover Form&nbsp;20-F or Form&nbsp;40-F.
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="70%">
<TR valign="bottom">
        <TD width="49%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top" nowrap align="center"><FONT size="2">Form&nbsp;20-F&nbsp;&nbsp;&nbsp;</FONT><FONT
face="wingdings">&#111;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" nowrap valign="top"><FONT size="2">Form&nbsp;40-F&nbsp;&nbsp;&nbsp;</FONT><FONT
face="wingdings">&#120;</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">Indicate by check mark whether the registrant by furnishing the information
contained in this Form is also thereby furnishing the information to the
Commission pursuant to Rule&nbsp;12g3-2(b) under the Securities Exchange Act of 1934.
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="70%">
<TR valign="bottom">
        <TD width="49%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="49%">&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top" nowrap align="center"><FONT size="2">Yes&nbsp;&nbsp;&nbsp;</FONT><FONT
face="wingdings">&#111;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" nowrap valign="top"><FONT size="2">No&nbsp;&nbsp;&nbsp;</FONT><FONT
face="wingdings">&#120;</FONT></TD>
</TR>
</TABLE>
</CENTER>



<P><FONT size="2">If &#147;Yes&#148; is marked, indicate below the file number assigned to the registrant in
connection with Rule&nbsp;12g3-2(b): 82-<U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>.
</FONT>

<P>
<HR size="1" noshade color="#000000" style="margin-top: -2px">
<HR size="4" noshade color="#000000" style="margin-top: -10px">
<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<!-- link1 "SIGNATURES" -->
<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on behalf by the
undersigned, thereunto duly authorized.
</FONT>


<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="47%">&nbsp;</TD>
        <TD width="6%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="45%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="left" valign="top"><FONT size="2"><B>METHANEX CORPORATION</B></FONT></TD>
</TR>
<TR>
 <TD>&nbsp;</TD>
</TR>
<TR valign="bottom">

<TD valign="top"><FONT size="2">Date: May 17, 2004</FONT></TD>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2">By:</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2">/s/&nbsp;&nbsp;&nbsp;RANDY MILNER
<HR size="1" width="95%" align="left" noshade>
Name:&nbsp;&nbsp;Randy Milner<BR>
Title:&nbsp;&nbsp;&nbsp;&nbsp;Senior Vice President, General Counsel<BR>
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&#38; Corporate Secretary</FONT></TD>
</TR>
</TABLE>
</CENTER>

<P align="center"><FONT size="2">&nbsp;
</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>
<DIV style="font-family: 'Times New Roman',Times,serif">

<DIV align="center">
<TABLE style="font-size: 30pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="79%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px"><I>NEWS RELEASE</I>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><IMG src="o13026o1302601.gif" alt="(METHANEX LOGO)"></TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt">Methanex Corporation<BR>
1800 &#150; 200 Burrard St.<BR>
Vancouver, BC Canada V6C 3M1<BR>
Toll-Free: 1-800-661-8851<BR>
http://www.methanex.com



<P align="left" style="font-size: 10pt"><B><I>For immediate release</I></B>



<P align="left" style="font-size: 10pt">&nbsp;



<P align="left" style="font-size: 10pt"><B>METHANEX ANNOUNCES NEW CEO</B>



<P align="left" style="font-size: 10pt"><B>May&nbsp;13, 2004</B>


<P align="left" style="font-size: 10pt">Methanex Corporation announced today that its Board of Directors has appointed
Bruce Aitken, currently President and Chief Operating Officer, to President and
Chief Executive Officer.


<P align="left" style="font-size: 10pt">Pierre Choquette, who has led Methanex as Chief Executive Officer since 1994,
is retiring from the Company but will continue to provide leadership in his
role as Chairman of the Board of Directors.


<P align="left" style="font-size: 10pt">Mr.&nbsp;Choquette commented, &#147;It is with some sadness that I step away from the
people and the day-to-day running of a Company that has been an integral part
of my life for so long, but I have the utmost confidence in Bruce Aitken&#146;s
leadership abilities and management expertise.&#148; Mr.&nbsp;Choquette added, &#147;I have
always felt privileged to lead the team at Methanex and I am now honoured to be
able to continue my association with the Company as non-executive Chairman.&#148;


<P align="left" style="font-size: 10pt">Mr.&nbsp;Aitken, who was appointed President and COO in September of 2003, has been
with Methanex for the past decade. Prior to his September appointment, he was
Senior Vice President, Asia Pacific and was based in New Zealand. In the early
90s, he served as Vice President, Corporate Development and was located in
Vancouver. Prior to joining Methanex, Mr.&nbsp;Aitken was Executive Director of
Cape Horn Methanol in Santiago, Chile (bought by Methanex in 1993). He also
held a number of managerial positions with Fletcher Challenge Limited in New
Zealand.


<P align="left" style="font-size: 10pt">Mr.&nbsp;Choquette was appointed President and CEO of Methanex in 1994. During his
10&nbsp;years at the helm, his commitment to operational excellence, low cost
production and global market leadership was instrumental in turning the Company
into the world&#146;s largest producer and marketer of methanol. He became interim
Chairman of the Board of Directors in June of 2003 and was appointed Chairman
of the Board &#038; CEO in September of 2003.


<P align="left" style="font-size: 10pt">Methanex is the world&#146;s largest producer and marketer of methanol. Methanex
shares are listed for trading on the Toronto Stock Exchange in Canada under the
trading symbol &#147;MX&#148; and on the Nasdaq National Market in the United States
under the trading symbol &#147;MEOH.&#148; Methanex can be visited online at
www.methanex.com.



<P align="center" style="font-size: 10pt">- end -


<P align="left" style="font-size: 10pt"><B>Inquiries:</B>


<P align="left" style="font-size: 10pt">Chris Cook<BR>
Director, Investor Relations


<P align="left" style="font-size: 10pt">Phone: (604)&nbsp;661-2600


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="center">
<TABLE style="font-size: 30pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="79%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px"><I>NEWS RELEASE</I>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><IMG src="o13026o1302601.gif" alt="(METHANEX LOGO)"></TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt">Methanex Corporation<BR>
1800 &#150; 200 Burrard St.<BR>
Vancouver, BC Canada V6C 3M1<BR>
Toll-Free: 1-800-661-8851<BR>
http://www.methanex.com



<P align="left" style="font-size: 10pt"><B><I>For immediate release</I></B>



<P align="center" style="font-size: 10pt">&nbsp;



<P align="left" style="font-size: 10pt"><B>METHANEX CORPORATION &#151; NOTICE OF CASH DIVIDEND</B>



<P align="left" style="font-size: 10pt"><B>May&nbsp;13, 2004</B>


<P align="left" style="font-size: 10pt">Methanex Corporation announced today that its Board of Directors has declared a
quarterly dividend of US$0.06 per share that will be payable on June&nbsp;30, 2004
to holders of common shares of record on June&nbsp;16, 2004.


<P align="left" style="font-size: 10pt">Methanex is the world&#146;s largest producer and marketer of methanol. Methanex
shares are listed for trading on the Toronto Stock Exchange in Canada under the
trading symbol &#147;MX&#148; and on the Nasdaq National Market in the United States
under the trading symbol &#147;MEOH.&#148; Methanex can be visited online at
www.methanex.com.



<P align="center" style="font-size: 10pt">- end -


<P align="left" style="font-size: 10pt"><B>Inquiries:</B>


<P align="left" style="font-size: 10pt">Chris Cook<BR>
Director, Investor Relations


<P align="left" style="font-size: 10pt">Phone: (604)&nbsp;661-2600


<P align="center" style="font-size: 10pt">&nbsp;
</DIV>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always">&nbsp;</H5><P>

<DIV style="font-family: 'Times New Roman',Times,serif">
<DIV align="center">
<TABLE style="font-size: 30pt" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<TR valign="bottom">
    <TD width="79%">&nbsp;</TD>
    <TD width="5%">&nbsp;</TD>
    <TD width="16%">&nbsp;</TD>
</TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
    <TD valign="bottom"><DIV style="margin-left:0px; text-indent:-0px"><I>NEWS RELEASE</I>
</DIV></TD>
    <TD>&nbsp;</TD>
    <TD align="left" valign="top"><IMG src="o13026o1302601.gif" alt="(METHANEX LOGO)"></TD>
</TR>

<!-- End Table Body -->
</TABLE>
</DIV>



<P align="right" style="font-size: 10pt">Methanex Corporation<BR>
1800 &#150; 200 Burrard St.<BR>
Vancouver, BC Canada V6C 3M1<BR>
Investor Relations: (604)&nbsp;661-2600<BR>
http://www.methanex.com<BR>
Toll-Free: 1-800-661-8851



<P align="left" style="font-size: 10pt"><B><I>For immediate release</I></B>



<P align="left" style="font-size: 10pt">&nbsp;



<P align="left" style="font-size: 10pt"><B>METHANEX ANNOUNCES SHARE BUY-BACK</B>



<P align="left" style="font-size: 10pt"><B>May&nbsp;13, 2004</B>


<P align="left" style="font-size: 10pt">Methanex Corporation announced today that its Board of Directors has approved a
normal course issuer bid under which it may repurchase up to 6,143,543 common
shares of the Company representing not more than 5% of the total shares issued
and outstanding. There are currently 122,870,872 Methanex common shares issued
and outstanding.


<P align="left" style="font-size: 10pt">Bruce Aitken, President and CEO of Methanex commented, &#147;This planned share
repurchase is consistent with our balanced approach to the utilization of cash
and reflects our ongoing commitment to returning excess cash to shareholders.&#148;
Mr.&nbsp;Aitken added, &#147;Our low-cost production facilities and leading market
position have combined with strong methanol pricing to allow us to generate
almost US$300&nbsp;million in cash flow from operating activities over the previous
four quarters. We have excellent financial strength and flexibility with over
US$150&nbsp;million in cash, an undrawn US$250&nbsp;million credit facility and continued
strong cash generation.&#148;


<P align="left" style="font-size: 10pt">Mr.&nbsp;Aitken concluded, &#147;We have the financial flexibility to complete the
construction of the low cost Atlas and Chile IV methanol production facilities
and pursue opportunities to enhance our supply position to the important Asia
Pacific market.&#148;


<P align="left" style="font-size: 10pt">The normal course issuer bid repurchase program was filed and accepted by the
Toronto Stock Exchange (TSX)&nbsp;today. The program will be carried out through
the facilities of the TSX. Purchases under the program may commence on May&nbsp;17,
2004 and will terminate on the earlier of May&nbsp;16, 2005 and the date upon which
the Company has acquired the maximum number of common shares permitted under
the purchase program or otherwise decided not to make further purchases.
Purchases will be made from time to time at the then current market price of
the Company&#146;s common shares as traded on the TSX and the common shares
purchased will be cancelled.


<P align="left" style="font-size: 10pt">Methanex believes that purchasing its shares under the normal course issuer bid
is in the best interests of its shareholders and represents an effective use of
the Company&#146;s financial resources. Methanex intends to finance the purchase of
common shares under the bid with cash on hand.


<P align="left" style="font-size: 10pt">Methanex, based in Vancouver, is the world&#146;s largest producer and marketer of
methanol. Methanex shares are listed for trading on the Toronto Stock Exchange
in Canada under the trading symbol &#147;MX&#148; and on the Nasdaq National Market in
the United States under the trading symbol &#147;MEOH.&#148;



<P align="center" style="font-size: 10pt">- end -


<P align="left" style="font-size: 10pt"><B>Inquiries:</B>


<P align="left" style="font-size: 10pt">Chris Cook<BR>
Director, Investor Relations


<P align="left" style="font-size: 10pt">Phone: (604)&nbsp;661-2600



<P align="center" style="font-size: 10pt">&nbsp;
</DIV>


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end

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
