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Related parties
 12 Months Ended
Dec. 31, 2023
Related Party [Abstract]  
Related parties Related parties:
The Company has interests in significant subsidiaries and joint ventures as follows:
Name
Country of
incorporation
Principal activities
Interest %
Dec 31
2023		Dec 31
2022
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
Geismar 3 project development100%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     On February 1, 2022, we closed the shipping partnership with Mitsui O.S.K. Lines, Ltd. ("MOL") whereby MOL acquired a 40% minority interest in Waterfront Shipping Limited.
2     Summarized financial information for the investment in Atlas is disclosed in note 6.

Transactions between the Company and Atlas are considered related party transactions and are included within the summarized financial information in note 6. Atlas revenue for the year ended December 31, 2023 of $466 million (2022 - $532 million) is a related party transaction included in cost of sales of the Company as Methanex has marketing rights for 100% of the methanol produced by Atlas. Balances outstanding with Atlas as at December 31, 2023 and provided in the summarized financial information in note 6 include receivables owing from Atlas to the Company of $74 million (2022 - $73 million), and payables to Atlas of $172 million (2022 - $198 million). The Company has total loans outstanding to Atlas as at December 31, 2023 of $76 million (2022 - $76 million) which are unsecured and due at maturity.
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
20232022
Short-term employee benefits
$9,034 $11,760 
Post-employment benefits
681 656 
Other long-term employee benefits
59 52 
Share-based compensation expense 1
10,046 6,142 
Total
$19,820 $18,610 
1  Balance includes realized and unrealized expenses and recoveries from share-based compensation awards granted.