Chemanol (Methanol Chemicals Company) is one of the world's most integrated global producers of methanol and derivatives, and one of the world's largest formaldehyde producers situated in a single location. Established in 1989 as the Saudi Formaldehyde Chemicals Company—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 company is a public Saudi joint-stock company with paid-up capital of SAR 1.2 billion.
Located in Al Jubail Industrial City, the company has a total annual production capacity approaching one million metric tons, and exports 26 product grades to over 50 countries in more than 21 different industries. Chemanol manufactures premium-grade methanol derivatives including aqueous and urea formaldehydes, superplasticizers, amino resins, hexamethylene tetramine, paraformaldehyde, dimethyl formamide, methylamines, and pentaerythritol. These products have diverse applications across industries including agriculture, automobiles, pharmaceuticals, and construction.
Chemanol has approximately 793 employees and reported annual revenue of $188.1 million in 2026.
Facts compiled by Executive Moves from publicly available news and press releases on 2 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
To upgrade to a Premium Profile reach out to us at info@executive-moves.com.
Are you on the Methanol Chemicals Company (Chemanol) team?
This is a Light company page, auto-generated from public news coverage. Claim it to verify the company description, add logo and links, and control how your organisation is represented on Executive Moves.
Claim this company →
