Chemanol is one of the most integrated and low-cost global producers of methanol and derivatives and one of the worlds largest formaldehyde producers situated in a single location, and the biggest in the GCC. A publicly listed Saudi joint-stock company with a 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
Company History
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
Company Bylaws
Equity Profile
- Authorized Capital (^)674,508,630
- Issued Shares67,450,863
- Paid Capital (^)674,508,630
- Par Value/Share10
- Paid Up Value/Share10
Last Update :2021-06-29
Investment limits
There are no investment limits on the company’s shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on company’s bylaw and the issued instructions by the related regulators and supervisory authorities
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
- Date Established1989/08/01
- Financial Year End31/12
- Listing Date2008/09/16
- External Auditors[E & Y(Ernst & Young]
- ISIN CODESA124060V8H1
- Number of Employees485
Investor Relations
Contact Name:
Osama Saeed Abdelfattah
Company Address:
Jubail Industrial City – Road 218 P.O box2101 Jubail 31951
Contact Details:
Telephone: 0133438008-0133438017
Fax : 0133581311
Email : [email protected]
