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Methanex Taranaki Plant Shutdown | Auckland News

Methanex is shutting down its 40-year-old Taranaki plant as New Zealand’s natural gas supply dwindles — a move long anticipated by CEO Rich Sumner, who admits the decision was forced by declining resources. The facility will go offline early next year, with gas rights up for sale starting 2027, but the company plans to keep it intact in case demand rebounds. While locals and the energy sector brace for change, Methanex is prioritizing a smooth transition, supporting workers, and preserving infrastructure — all while acknowledging that restarting may be a distant dream. Listen in comfort:Get a…

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