Methanol Chemicals Company (Chemanol) announced on August 3, 2026 that Independent Board Member Eng. Sultan bin Saleh Al-Khamshi resigned effective August 2, 2026, citing professional obligations and increasing responsibilities, having served on the Board since November 12, 2024. In response, the Board resolved on August 2, 2026 to appoint Mr. Abdullah bin Ahmed Hussein Abuthyab as an Independent Board Member for the remainder of the current term, through November 11, 2028. Mr. Abuthyab brings over 20 years of experience in executive management, technology, and business administration, including his current role as CEO of Qabas Technology for Trading Co. The appointment remains subject to ratification at the next General Assembly meeting.

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