Methanex reports outage at Egypt methanol facility

Methanex’s 1.26 million ton Egypt methanol production facility – Methanex 50% equity interest of 0.63 million tons per annum – was impacted by an unplanned outage in mid-October caused by a mechanical failure in the synthesis gas compressor. The unit has since been removed from service and is currently being repaired on an expedited schedule at the manufacturer overseas. The company currently estimates that production will resume towards the end of Q1 2024