NASDAQ: MEOH US $49.60
TSX: MX CDN $68.16

Company Update

Methanex Egypt Participates in EGYPES 2024 Exhibition and Conference and Competes for the “Talent Program of the Year” Award

Cairo, February 6, 2024 – Methanex Egypt announces its participation in Egypt Energy Show 2024 (EGYPES), taking place from 19-21 February, under the theme “Driving Energy Transition, Security, and Decarbonization.” Throughout the show, Methanex will highlight its sustainability strategy, which is deeply aligned with the United Nation’s Sustainable Development Goals 2030, in the presence of Brad Boyd, Methanex Corporation’s Senior Vice President for Corporate Resources, who will be attending EGYPES this year 

This is the company’s second time at EGYPES as exhibitor and participant in key panel discussions. Methanex is also a finalist in the “Talent Program of the Year” Award under the Equality in Energy Conference, in recognition of its Graduate Program. Methanex’s program is designed to enrich the pipeline of talent available to Egypt’s oil & gas and petrochemicals sector – through a three-year intensive training program that offers rich off-the-job and on-the-job experiential learning at the country’s sole methanol production company.  

Methanex’s leadership will be participating in strategic discussions and conferences on the sidelines of EGYPES 2024. Brad Boyd will be speaking at the Strategic Conference in the session titled “Technology and innovation – critical enablers of strategic and climate change.” In addition, Mohamed Shindy, Methanex Egypt’s Managing Director, will be joining the panel discussion titled “Building a Low Carbon Downstream Sector” as part of the Sustainability in Energy Conference. Manal El Jesri, Methanex Egypt’s Public Affairs Manager, will be joining the panel discussion titled “Fostering a Culture of Equality and Gender Diversity in the Energy Industry” as part of the Equality in Energy Conference. In the Technical Conference, Tarek Anwar, Operations Manager at Methanex Egypt, will share insights and experience in implementing E-Permits as part of the Process Safety Innovation workshops category while Assem Abdo, Electrical Instrument and Controls Superintendent at Methanex Egypt, will lead the presentation about “Alarm rationalization impact on plant reliability and safety” as part of Operational Excellence (OPEX) category.  

Commenting on Methanex’s participation, Mohamed Shindy said: “I am looking forward to reconnecting with industry leaders, colleagues, and friends at EGYPES 2024— the largest oil and gas show in Egypt and the region. This year’s show presents great opportunities for Methanex to share knowledge and vision around the future of methanol and its vital role in advancing global energy transitions and a low-carbon economy.” 

Aligned with EGYPES’ key theme for this year, Methanex exhibition booth will highlight the company’s sustainability strategy, which is aligned with several UN SDGs with a particular focus on protecting the planet, ending extreme poverty, and reducing inequality. The company remains dedicated to sharing its insights, experiences, and vision towards sustainability during the show by showcasing its success stories around embedding Process Safety Management (PSM) within the Egyptian oil, gas, and petrochemical sector, as well as supporting Damietta community’s journey towards embracing sustainable development as a vehicle for the growth through its partnership with the International Labour Organization that started in 2018.