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Related parties (Tables)
12 Months Ended
Dec. 31, 2024
Related Party [Abstract]  
Schedule of disclosure of interests in subsidiaries and joint ventures
The Company has interests in significant subsidiaries and joint ventures as follows:
Name
Country of
incorporation
Principal activities
Interest %
Dec 31
2024
Dec 31
2023
Significant subsidiaries:
Methanex Asia Pacific Limited
Hong Kong
Marketing & distribution
100%100%
Methanex Services (Shanghai) Co., Ltd.
China
Marketing & distribution
100%100%
Methanex Europe NV
Belgium
Marketing & distribution
100%100%
Methanex Methanol Company, LLC
United States
Marketing & distribution
100%100%
Egyptian Methanex Methanol Company S.A.E.
("Methanex Egypt")
Egypt
Production
50%50%
Methanex Chile SpA
Chile
Production
100%100%
Methanex New Zealand Limited
New Zealand
Production
100%100%
Methanex Trinidad (Titan) Unlimited
Trinidad and Tobago
Production
100%100%
Methanex USA LLC
United States
Production
100%100%
Methanex Louisiana LLC
United States
Production
100%100%
Methanex Geismar III LLC
United States
Production
100%100%
Waterfront Shipping Limited 1
Canada
Shipping
60%60%
Significant joint ventures:
Atlas Methanol Company Unlimited 2
Trinidad and Tobago
Production
63.1%63.1%
1 Waterfront Shipping Limited has a controlling interest in multiple ocean-going vessels owned through less than wholly-owned entities as disclosed in note 24.
2     Summarized financial information for the investment in Atlas is disclosed in note 6.
Schedule of disclosure of transactions between related parties
Remuneration to non-management directors and senior management, which includes the members of the executive leadership team, is as follows:
For the years ended December 31
20242023
Short-term employee benefits
$9,575 $9,034 
Post-employment benefits
653 681 
Other long-term employee benefits
45 59 
Share-based compensation expense 1
7,697 10,046 
Total
$17,970 $19,820 
1  Balance includes realized and unrealized expenses and recoveries from share-based compensation awards granted.