Established in 1998, Project Management & Development Co. Ltd. (PMD) is a Saudi owned company engaged in conceptualization and development of chemical and petrochemical projects for private investment. PMD is owned by Saudi entrepreneurs and managed from its office at Jubail Industrial City by a strong team of professionals formed to study and develop small to large size chemical and petrochemical projects.

PMD Co. Ltd. is the developer of Al Kayan Petrochemical Company (Kayan), a petrochemical complex project to be constructed in a 2.0 million square meters land situated in Jubail Industrial City. The industrial project will be a worldscale integrated petrochemical complex and is expected to produce 6 million TPA of marketable products.