Methanol Chemicals Company (Chemanol), located in Al Jubail Industrial City, was established in 1989 as the Saudi Formaldehyde Chemicals Company. – It was the first private sector petrochemicals company in the GCC. The Company changed its name to Methanol Chemicals Company (Chemanol) following a successful IPO in 2008. The current paid-up capital is SAR 674,508,630. The Company has a total annual production capacity approaching one million metric tons, and exports 14 products with 30 grades to over 75 countries in more than 21 different industries.

Today, Chemanol is one of the most integrated and reliable global producers of methanol and derivatives. The Company is also one of the world’s largest formaldehyde producers situated in a single location, and the biggest producer in the GCC.

Chemanol manufactures premium-grade methanol derivatives including aqueous formaldehyde (AF37), urea formaldehyde (UF85), superplasticizers (SNF & PCE), amino resins (UF Resins), hexamethylenetetramine (HMT), paraformaldehyde, dimethylformamide (DMF), methylamines (MMA, DMA, TMA), and MMA Triazine. These products have applications as diverse as pharmaceuticals, oil & gas, fertilizers, mining, construction ...etc.