The Egyptian Natural Gas Holding Company (EGAS) has halted gas supplies to major fertilizer manufacturers as the facilities undergo annual maintenance procedures and EGAS aims at rerouting the supply to power plants ...
Methanex Corporation has agreed to sell an approximate 10% equity share in Egyptian Methanex Methanol Company S.A.E. (EMethanex) to Arab Petroleum Investments Corporation (APICORP) for $110 million.
Canada's Methanex Corp, the world's largest methanol supplier, said it will shut down its plant in Egypt due to political unrest in the country, sending its shares down 2 percent.