Methanex shares are trading lower after the company announced a delay of production of its new 1.8 million tonne methanol plant due to complications.
Portfolio Pulse from Benzinga Newsdesk
Methanex shares are trading lower following the announcement of a delay in production at its new 1.8 million tonne methanol plant, attributed to complications.
February 20, 2024 | 6:00 pm
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Methanex shares have declined following the news of a production delay at its new methanol plant.
The announcement of a delay in production at Methanex's new methanol plant directly impacts the company's operational efficiency and future revenue prospects. This news is likely to concern investors, leading to a decrease in stock price in the short term.
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