About MisbarMisbar Industrial Business Company unites innovation,
localisation and sustainability across the region.

ChemRef Holdings

ChemRef Holdings is a Saudi industrial group founded in 2024 under Al Waleed Investment Group. We integrate companies across five core sectors to strengthen local supply chains, reduce import dependency, and contribute to Vision 2030 through production, compliance, and regional integration.

1980

Alwaleed Investment Group established in Al Khobar, Saudi Arabia

2002–2015

Expansion into maintenance, and precision manufacturing

2018

Launch of chemical division (e.g., Day Candle, SOTECH)

2020

Sohb Al Janoub established

2024

ChemRef Holdings officially formed

1980
Al Waleed Investment Group
Founded in Al Khobar, Saudi Arabia
1985
Vlix Flower
R&D Centre in Germany for petrochemicals
2002
Formence
Tooling and machining operations in India
2008
Fire Science Academy (FSA)
Fire and emergency response training, Jubail
2018
Day Candle
Wax refining and chemical processing
2018
Misbar
Base oil and wash oil production
2020
Sohb Al Janoub
Petroleum jelly production
2021
IPC
Medical closures and plastic packaging
2022
SOTECH
Produces white spirits and solvent blends
2023
SFHH
Gluten-free food production
Our Strengths
European Innovation

We operate a European R&D hub in Germany supporting chemical and environmental innovation.

Modern Manufacturing

Our factories use the latest manufacturing technology to ensure quality and efficiency.

Local Production

We produce locally to reduce imports and support Saudi localisation goals.

Integrated Operations

We manage the full process from raw materials to packaged products.

Global Reach

Our network spans global markets while staying rooted in local needs.

“

Misbar supplies refined hydrocarbon oils for daily industrial use.

We focus on steady production, workable grades, and clear support for customers across the region.

Our
Strengths

Process Innovation

We continually enhance refining performance and process control.

Modern Manufacturing

Our facilities operate with precision equipment to maintain product consistency.

Local Production

We produce locally to support Saudi industrial growth and supply stability.

Integrated Operations

We manage the full process from raw materials to refined products.

Global Reach

We serve domestic and regional clients across multiple industrial sectors.

Our Vision

To lead in the local refining and supply of hydrocarbon feedstocks that support Saudi industry.

Our Mission

To refine, process, and deliver hydrocarbon products safely and efficiently, supporting local industries through consistent quality and reliable supply.

Our Values

1

IntegrityWe act responsibly and transparently in every operation

2

ExcellenceWe pursue high standards in refining, safety, and service.

3

SustainabilityWe minimise waste, optimise resources, and respect the environment.

4

InnovationWe apply technology and process improvement to enhance product quality.

5

Customer FocusWe deliver dependable products and support to every client.

6

CollaborationWe build strong partnerships across ChemRefs industrial network.

Group Overview Intro

ChemRef Holdings operates through three divisions, each built around specialist companies with shared goals: production, compliance and localisation.

1
Chemical DivisionHydrocarbon refining, solvent recovery, specialised chemical formulations. Includes Day Candle, Misbar and SOTECH.
Chemical DivisionFocuses on hydrocarbon processing, chemical recovery, and high-value formulations for industrial and commercial use. Key companies: Day Candle, Misbar and SOTECH.
2
Skincare, Medical & Food DivisionPackaging and containers for cosmetic, medical, and food products. Includes IPC, Sohb Al Janoub and SFHH.
Skincare, Medical & Food DivisionSpecialises in precision packaging and filling for cosmetic, medical, and food products. Delivered through IPC, Sohb Al Janoub, and SFHH.
3
Industrial Services DivisionEngineering, maintenance, safety training, R&D. Includes FSA, Formence and Vlix Flower.
Industrial Services DivisionProvides engineering solutions, preventive maintenance, safety training, and R&D support via FSA, Formence and Vlix Flower.