Methanol Chemicals Co.
- Company typePublic
- Founded1989
- HeadquartersAd Dammam, Saudi Arabia
- Headcount251–500
- GTM typeB2B
- OfferingHardware or Manufacturing
Methanol Chemicals Co. firmographics
Firmographics- Name
- Methanol Chemicals Co.
- Legal name
- Methanol Chemicals Company
- Website
- https://chemanol.com
- Company type
- Public
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 251–500 employees
- Ownership category
- akta.pro rank
Methanol Chemicals Co. industry classification
Industry- Product category
- Petrochemical Manufacturing
- NAICS
- Petrochemical Manufacturing (325110), Other Basic Organic Chemical Manufacturing (32519), Chemical Manufacturing (325), Ethyl Alcohol Manufacturing (325193)
- SIC
- Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)
- akta.pro primary industry
- C1 & Synthesis Gas Derivatives (Methanol, Formaldehyde, Acetic Acid) (IMAEADAC)
- akta.pro secondary industries
- Carbon Black & Coker Products Feedstocks (Petroleum Coke, Carbon Black oils) (EUALAHAI), Green Methanol & E‑Alcohols (e‑methanol, ethanol, higher alcohols) (EUABAIAB)
Keywords
Where Methanol Chemicals Co. is headquartered
LocationHeadquarters
- HQ city
- Ad Dammam
- HQ country
- Saudi Arabia
- HQ region
- Middle East
Offices1 record
Markets served
Methanol Chemicals Co. business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Personnel, Infrastructure, Technology or R&D, Marketing or Sales
Revenue model
- Chemical Products Sales: Chemanol generates revenue through manufacturing and selling chemical products including methanol, formaldehyde, hexamine, paraformaldehyde, resins, superplasticizers, pentaerythritol, sodium formate, methylamines, and DMF. The company operates as a B2B supplier selling to industrial customers across agriculture, automotive, pharmaceutical, and construction sectors.
Go-to-market motion1 record
Distribution channels4 records
Marketing channels4 records
Methanol Chemicals Co. product offering
Product offeringCore offering
Chemanol is an integrated petrochemical manufacturer that produces methanol and a broad portfolio of formaldehyde-based derivatives including urea formaldehyde, hexamine, paraformaldehyde, amino resins, superplasticizers, pentaerythritol, DMF, methylamines, sodium formate, acetaldehyde, carbon monoxide, and medical ethanol. Operations are consolidated at a single Al Jubail Industrial City site with total annual production capacity approaching one million metric tons across 26 product grades.
Product overview
Methanol Chemicals Company (Chemanol) is a Saudi-based diversified petrochemicals manufacturer offering a broad portfolio of methanol and formaldehyde derivatives. Its product line is organized around two production streams: (1) initial plants producing formaldehyde (300,000 MTPA across aqueous and urea forms), hexamethylene tetramine (11,100 MTPA), amino resins (13,500 MTPA), superplasticizers (165,000 MTPA), and paraformaldehyde; and (2) diversification/expansion plants producing methanol (231,000 MTPA), acetaldehyde, pentaerythritol, dimethyl formamide (DMF), methylamines, sodium formate, and carbon monoxide. The company also produces medical ethanol and urea formaldehyde powder resins and concentrates. These 26 product grades are exported to over 50 countries across more than 21 industries, with applications spanning agriculture, automobiles, pharmaceuticals, and construction. Chemanol operates as a unified product portfolio manufacturer rather than a software platform, with its products grouped by chemical family and production facility rather than by module architecture.
Differentiator
Problem solved
Functional benefit
Products and services
- Methanol
- Formaldehyde (Aqueous)
- Urea Formaldehyde
- Urea Formaldehyde Powder Resin
- Urea Formaldehyde Concentrate
- Hexamethylene Tetramine (Hexamine)
- Paraformaldehyde
- Methanolic Formaldehyde Solution
- Amino Resins
- Superplasticizers
- Pentaerythritol
- Dimethyl Formamide (DMF)
- Mono/Di/Tri Methylamines
- Sodium Formate
- Acetaldehyde
- Carbon Monoxide (CO)
- Medical Ethanol
Quantifiable outcome
- Total annual production capacity approaching 1 million metric tons
- +3 more outcomes
Companies that use Methanol Chemicals Co.
Customer profileSegments4 records
Ideal customer profiles4 records
Methanol Chemicals Co. technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Methanol Chemicals Co. partnerships and signals
Strategic signalScale indicators8 records
Recent moves7 records
Expansion highlights4 records
Methanol Chemicals Co. competitors and assessment
Company assessmentDirect peers
- Hexion Holdings Corporation: Global leader in formaldehyde-based resins (urea-formaldehyde, phenolic) and adhesives — directly overlapping Chemanol's amino resins, urea formaldehyde concentrate, and powder resin lines serving construction and automotive customers.
- Sahara International Petrochemical Company (Sipchem): Saudi Arabia-based petrochemical producer with overlapping methanol derivatives, formaldehyde, and specialty chemicals portfolios. Comparable in scale, geography, B2B sales model, and customer base in the GCC and globally.
- OCI Global: Global methanol and nitrogen products producer with significant merchant methanol capacity. Comparable to Chemanol's captive methanol production and downstream nitrogen derivatives (methylamines) across the same global customer base.
- Proman AG: One of the world's largest independent methanol producers with integrated downstream operations, including formaldehyde and methylamines. Closely comparable to Chemanol's integrated methanol-to-derivatives model.
- Eastman Chemical Company: Produces formaldehyde, DMF, methylamines, pentaerythritol and related specialty chemicals — a near-product-line match to Chemanol's diversification plant output, though with a broader specialty chemical portfolio and global reach.
- Methanex Corporation: The world's largest producer and supplier of methanol, directly comparable to Chemanol's 231,000 MTPA captive methanol production. Both sell into the same global merchant methanol market and downstream formaldehyde/derivatives chains.
- Dynea AS: European-based producer of formaldehyde resins and adhesives for the wood products and construction industries, directly comparable to Chemanol's urea-formaldehyde powder resin, concentrate, and amino resins business.
Broad incumbents
- Yansab (Yanbu National Petrochemical Company): Saudi Arabian petrochemical producer with downstream chemicals including olefins and aromatics. Operates in the same Saudi petrochemical ecosystem as Chemanol with overlapping B2B industrial customer base and feedstock sourcing.
- SABIC (Saudi Basic Industries Corporation): Saudi Arabia's national petrochemical champion with a broad portfolio including methanol, formaldehyde, and MTBE/derivatives. Overlaps with Chemanol on feedstock chemistry and geography but operates a much larger, more diversified platform.
- Saudi Kayan Petrochemical Company: Saudi petrochemical affiliate of SABIC producing a broad range of chemicals including specialty products for construction, automotive, and industrial applications. Comparable in geography, scale of operations, and end-market exposure to Chemanol's diversified portfolio.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Methanol Chemicals Co. social profiles
Digital presenceMethanol Chemicals Co. compliance and trust
Trust signalCompliance1 record
Methanol Chemicals Co. financial estimates
Financial estimateRevenue estimate
Valuation estimate
Methanol Chemicals Co. leadership team
Management profileNumber of profiles
Profiles3 records
Methanol Chemicals Co. subsidiaries and ownership
Company hierarchySubsidiaries2 records
Methanol Chemicals Co. funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Methanol Chemicals Co. M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Methanol Chemicals Co.
What does Methanol Chemicals Co. do?
Chemanol is an integrated petrochemical manufacturer that produces methanol and a broad portfolio of formaldehyde-based derivatives including urea formaldehyde, hexamine, paraformaldehyde, amino resins, superplasticizers, pentaerythritol, DMF, methylamines, sodium formate, acetaldehyde, carbon monoxide, and medical ethanol. Operations are consolidated at a single Al Jubail Industrial City site with total annual production capacity approaching one million metric tons across 26 product grades.
Is Methanol Chemicals Co. a public or private company?
Methanol Chemicals Co. is a public company. It is classified as public and is currently operating.
When was Methanol Chemicals Co. founded?
Methanol Chemicals Co. was founded in 1989. It employs 251 to 500 people.
Where is Methanol Chemicals Co. based?
Methanol Chemicals Co. is headquartered in Ad Dammam, Saudi Arabia, in the Middle East region.
How does Methanol Chemicals Co. make money?
One revenue line is on record: chemical Products Sales.
Who are Methanol Chemicals Co.'s main competitors?
Direct peers on record are Hexion Holdings Corporation, Sahara International Petrochemical Company (Sipchem), OCI Global, Proman AG, Eastman Chemical Company, Methanex Corporation and Dynea AS. Broad incumbents are Yansab (Yanbu National Petrochemical Company), SABIC (Saudi Basic Industries Corporation) and Saudi Kayan Petrochemical Company.
Does Methanol Chemicals Co. have an API?
No public API is recorded for Methanol Chemicals Co..
What industry is Methanol Chemicals Co. in?
Methanol Chemicals Co.'s product category is Petrochemical Manufacturing. Its primary akta.pro industry code is IMAEADAC, C1 & Synthesis Gas Derivatives (Methanol, Formaldehyde, Acetic Acid), with a secondary code of EUALAHAI, Carbon Black & Coker Products Feedstocks (Petroleum Coke, Carbon Black oils). Its NAICS code is 325110 and its SIC code is 2860.