CHEMANOL (former Saudi Formaldehyde Chemical Company Limited) is a grass root, second generation petrochemical complex located in the Secondary Industries Park at Madinat Al Jubail Al Sinaiyah (Jubail Industrial City), Kingdom of Saudi Arabia, manufacturing premium grade Methanol Derivatives, such as Aqueous & Urea Formaldehydes, Formaldehyde derivatives, super plasticizers and various Amino resins, which have a diverse applications including agricultural fertilizers, pharmaceuticals, solvents, intermediates, laminates / wood industry, plastics, paper and the production of various types of concrete admixtures.
CHEMANOL is a true manifestation of the objectives of the Saudi Ministry of Industry & Ministry of Electricity and the GCC, which jointly encourage industrial cooperation between its citizens. Chemanol’s business model is based on utilization of the Kingdom’s natural hydrocarbon resources to achieve substitution of imports by establishing petrochemical units to manufacture downstream products and the implementation of export oriented projects using the vast industrial infrastructure made available by the government of the Kingdom of Saudi Arabia.
Initially developed, promoted and financed by a group of leading industrialists from the Gulf Co-operation Council (GCC) countries, Methanol Chemicals Company (CHEMANOL) has recently transformed in to a closed Saudi Joint-Stock Company.
