Methanol Chemicals Co. announced that its Board of Directors has resolved to accept the resignation of the CEO Mr. Khalid Bin Ibrahim Al Rabiah which submitted his resignation from his position on May 15, 2016 with effect from July 09, 2016 due to for personal reasons. Moreover, the Board of Directors has accepted the appointment of Mr. Eng. Saud Bin Abdullah Mohamed Al Sanea starting from July 10, 2016.