SAUDI STOCK EXCHANGE (TADAWUL)Trading Hours: Sun - Thu 10:00 am-3:00 pm

Methanol Chemicals Co. CHEMANOL
Petrochemical 0.69%
TASI 0.87%
Last Value
% Change
Price in SAR Last Update : 27 Oct 2016 3:15 pm (local time)


Corporate Details
ISIN Code SA124060V8H1
Exchange Saudi Arabia
Sector Petrochemical Industries
Auditors KPMG
Company Description

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.

Company Activities

The company manufactures 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.

Equity Profile
Date Established Aug 1, 1989
Listing Date Sep 16, 2008
Paid-up Capital (SAR) 1,206,000,000
Outstanding Shares 120,600,000
Shares Per Value 10
Contact Information

Novotel Business Park, Dammam - Khobar Highway - Building No. 3, 1st Floor, P.O Box 3139, Kingdom of Saudi Arabia.

+966 13814 4685

+966 13814 4678



Company History

Methanol Chemicals Company is a Saudi Joint Stock Company registered in Saudi Arabia under Commercial Registration No. 2055001870 dated July 31, 1989. The Company was converted from a limited liability company into a joint stock company in accordance with Ministerial Resolution No. 286 dated November 14, 2007.

Board Members & Senior Management
Mr. Abdullah Mohamed Al-Mazrui Chairman
Mr. Sami Mohamed Yousif Jalal Board of Directors
Mr. Hamad Mohamed Hamad Al-Manea Board of Directors
Mr. Badr Abdul Aziz Kanoo Board of Directors
Mr. Mishaal Hamad Ali Kanoo Board of Directors
Mr. Abdullah Ali Al-Sanea Board of Directors
Mr. Khaled Abdullah Al-Hamad Al-Zamil Board of Directors
Mr. Adib Abdullah Al-Hamad Al-Zamil Board of Directors
Mr. Abdul Mohsin Fahad Al-Nafisi Board of Directors
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