NATIONAL METHANOL COMPANY

Nature of Business: Manufacturer (Factory)

Company Profile:

National Methanol Company (ARAZI) is a leading petrochemical manufacturer based in Saudi Arabia. It is a factory, directly involved in the production of chemicals.

Established in 1979, ARAZI operates as a significant joint venture. Its key partners include Saudi Basic Industries Corporation (SABIC), one of the world's largest diversified chemical companies, and a Japanese consortium. This consortium comprises Mitsubishi Gas Chemical Company, Mitsui & Co., Ltd., and Itochu Corporation.

The company owns and operates a large-scale methanol production facility located in Al-Jubail Industrial City, Saudi Arabia. This plant utilizes advanced technology to convert natural gas into high-quality methanol. Methanol is a crucial raw material used in various industries, including the production of plastics, paints, adhesives, and pharmaceuticals.

ARAZI plays a vital role in the global methanol supply chain, contributing significantly to the petrochemical sector both regionally and internationally through its substantial production capacity.

Here are the products manufactured or sold by the NATIONAL METHANOL COMPANY (IBN SINA):

* Methanol

* Formaldehyde

* Urea Formaldehyde Concentrate (UFC)