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Chemanol names new CEO

Chemanol names new CEO
The decision will come into force starting from 1 September
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Riyadh – Mubasher: The board of directors of Methanol Chemicals Company (Chemanol) has approved the appointment of Ali Mohamed Al Asiri as the company’s new CEO.

The decision will come into force starting from Sunday, 1 September, according to a recent filing to the Saudi Stock Exchange (Tadawul).

It is worth noting that Chemanol swung to losses with SAR 8.61 million during the second quarter of 2019, against profits of SAR 31.63 million in Q2-18.