Methanol Holdings

CLICO has not made a current, formal offer to sell its Methanol Holdings International Ltd (MHIL) shares to the methanol producer’s minority shareholder, Consolidated Energy Ltd.

MHIL is now 56.53 per cent owned by CLICO, with 43.47 per cent held by Consolidated Energy, which is 75-per cent owned by Switzerland-based Proman, while Helm AG, a German chemicals marketing concern, owns 25 per cent of the company.

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