March 16, 2020 / 12:43 PM / 15 days ago

BRIEF-Methanex Reduces Production Levels In Trinidad And Chile

March 16 (Reuters) - Methanex Corp:

* METHANEX REDUCES PRODUCTION LEVELS IN TRINIDAD AND CHILE

* METHANEX CORP - HAS IDLED ITS TITAN PLANT IN TRINIDAD EFFECTIVE TODAY AND WILL IDLE ITS CHILE IV PLANT EFFECTIVE APRIL 1, 2020

* METHANEX CORP - ANTICIPATE THAT METHANOL DEMAND COULD BE IMPACTED IN Q2 OF 2020

* METHANEX CORP - THERE HAS BEEN A SUBSTANTIAL REDUCTION IN MANUFACTURING ACTIVITY IN COUNTRIES THAT HAVE HAD SIGNIFICANT OUTBREAKS OF COVID-19

* METHANEX - REDUCING PRODUCTION AT METHANOL FACILITIES, WHERE WE HAVE FLEXIBILITY IN OUR GAS AGREEMENTS, TO PREPARE FOR LOWER DEMAND FOR METHANOL

* METHANEX CORP - DO NOT EXPECT PRODUCTION CHANGE TO HAVE A SIGNIFICANT IMPACT ON OUR CASH FLOWS IN CURRENT PRICE ENVIRONMENT

* METHANEX CORP - EVALUATING ALL CAPITAL AND OPERATING SPENDING, INCLUDING GEISMAR 3 PROJECT Source text for Eikon: Further company coverage:

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