Company owns and operates an oil refinery located on 6,000 sq. m. of owned land. Refinery currently produces 3,000 MT/day with a goal to reach 5,000 MT/day in the next quarter.
Refinery has various end products that depend on the raw material provided by the supplier. The price of acquisition from supplier varies and hence we do not have fixed annual contracts.
Refinery has clients in the Dubai Free zone, and export products to Africa and India through agents.
Clients pay via electronic bank transfer on a cash basis.
Finished product: light fuel, light Naphtha, heavy fuel, benzene, and diesel.
Refinery column, heaters, condensers, tanks, and other high value refinery equipment worth AED 30 million.
6,000 sq. m of land is worth AED 10 million.
Refinery plant operation area of 2,000 sq. m. , 2-floor building with offices located on the plant premises.
The refinery is located on owned land of 6,000 sq. m. land.
Gross Revenue
$16,000,000
EBITDA
$2,880,000
Business ID:
L#20220380
Country
United Arab Emirates
| Business ID: | L#20220380 |
| Property Type: | Oil Production Company |
| Property Status: | For Sale |
| Target Price: | $11,000,000 |
| Gross Revenue: | $16,000,000 |
| EBITDA: | $2,880,000 |
| Target Price / Revenue: | 0.69x |
| Target Price / EBITDA: | 3.82x |
Updated on November 11, 2022 at 3:03 pm
Profitable Oil Refinery in UAE
