About the Company

Suez Methanol Derivatives Company (SMD) was founded on 4 March 2013 according to rules and provisions of the Egyptian law of Investment guaranties and incentives number 8 issued in 1997, governed by the Egyptian Ministry of Petroleum & Mineral Resources (MoPMR), as one of the Egyptian Petrochemicals Holding Company (Echem) affiliates with a total investment cost of about 120 MMUSD.

SMD is seeking to be one of the largest integrated methanol derivatives producers in the MENA region through a world scale capacity plant, embracing a sustainable state of the art technologies and highly competent workforce under a definitive operational excellence framework.

SMD plant is located in Damietta port, Damietta, Egypt, and will manufacture premium-grade methanol derivatives including Aqueous Formaldehyde, Urea Formaldehyde Concentrate -85 (UFC-85), Urea Formaldehyde Resin (UFR) and Sulfonated Naphthalene Formaldehyde (SNF). These products have a wide array of applications and uses in agriculture, adhesives, automobiles, pharmaceuticals and construction fields.

Having Enppi as the project’s PMC, the Project is executed by an EPC consortium consisting of:

       ▪ Egyptian Maintenance Company (EMC, consortium leader).

       ▪ Zavkom Engineering LLC (main technology provider and engineering partner).

       ▪ Wadi El Nile (civil works and buildings).

On the technology aspect, Zavkom Engineering LLC is providing its own technology design for the UF resin and SNF process units, whilst Formaldehyde and UFC 85 technology is provided by Johnson Matthey Formox (JMF).