Methanex provides update on trinidad operations

Vancouver, british columbia, jan. 07, 2021 (globe newswire) -- methanex corporation (tsx:mx) (nasdaq:meoh) announced today that it expects its titan methanol facility (“titan”) in trinidad (875,000 annual operating capacity) will remain idled indefinitely. as a result, the company has made the decision to restructure its trinidad operations to support a one-plant operation and reduce its trinidad workforce by approximately 60 positions filled by employees and long-term contractors.
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