Methanex Closes Cairo Office Temporarily

Methanex says it has decided to close temporarily its office in Cairo and reduce the number of employees working at the company’s plant at Damietta, Egypt, as well as evacuate international staff, due to civil unrest in the country. Methanex announced last week the start-up of its 1.3-million m.t./year methanol plant at Damietta, which is now in the late stages of commissioning. The plant is operated by EMethanex, owned 60% by Methanex. “As a result of the civil unrest in Egypt, the decision has been taken to minimize operating activities...

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