For thirty-two years, a methanol plant in Taranaki has stood as both anchor and emblem of New Zealand's gas-dependent industrial economy. Now, as natural reserves thin and no new supply appears on the horizon, Methanex has chosen to close its Motonui facility by February 2027 — a decision that will cost more than 200 workers their livelihoods and force a region, and a nation, to reckon with the long consequences of energy policy choices made years ago. The closure is not merely a corporate withdrawal; it is a visible settling of debts accumulated across a decade of declining investment, a 2018
Methanex to close Taranaki plant by 2027 as NZ gas supply dwindles
Over 200 direct jobs at Methanex will be lost, with additional job losses expected across regional engineering and technical support industries.