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Chemanol resumes ops at methanol plant

Chemanol resumes ops at methanol plant
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CHEMANOL
2001
-2.95% 6.90 -0.21

Riyadh-Mubasher: Methanol Chemicals Co. (Chemanol) has completed the 15-day scheduled maintenance at its methanol plant, the company said in a bourse statement.

The Tadawul-listed company started on Wednesday the commercial operations at its methanol and pentaerythritol plants.

The paraformaldehyde facility will also commence the commercial operation on Thursday, the company added.

The financial impact of the shutdown remains unchanged as announced previously.