tiprankstipranks
Methanex Temporarily Shuts Down Egypt Plant
Company Announcements

Methanex Temporarily Shuts Down Egypt Plant

Methanex (TSE:MX) has released an update.

Methanex Corporation, the world’s largest methanol supplier, has temporarily halted operations at its Egypt facility due to reduced gas supply and increased power demand. The company is actively working with its partner and gas supplier to restore the gas supply and resume production. This disruption affects 0.63 million tonnes of Methanex’s annual methanol production.

For further insights into TSE:MX stock, check out TipRanks’ Stock Analysis page.

Related Articles
Carrie WilliamsMEOH Earnings Report this Week: Is It a Buy, Ahead of Earnings?
TipRanks Canadian Auto-Generated NewsdeskMethanex Announces Quarterly Cash Dividend
GlobeNewswireMethanex Corporation – Notice of Cash Dividend
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Optimize your mobile reading experience. Download the TipRanks App today!