Related parties (Tables)

12 Months Ended

Dec. 31, 2021

Related Party [Abstract]

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 2021	Dec 31 2020
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	Production	100%	100%
Methanex USA LLC	United States	Production	100%	100%
Methanex Louisiana LLC	United States	Production	100%	100%
Waterfront Shipping Company Limited 1	Cayman Islands	Shipping	100%	100%
Significant joint ventures:
Atlas Methanol Company Unlimited 2	Trinidad	Production	63.1%	63.1%

1     Waterfront Shipping Company 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.

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	2021		2020
Short-term employee benefits	$	6,273	$	6,272
Post-employment benefits	766		944
Other long-term employee benefits	53		50
Share-based compensation expense (recovery) 1	(1,545)		26,481
Total	$	5,547	$	33,747

1  Balance includes realized and unrealized recoveries from share-based compensation awards granted.