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Newly Established Petroleum Business for Sale in Sharjah, UAE

For sale: Newly constructed refinery with 500 KL crude oil input feed capacity in Sharjah.

Established 0-1 year(s)
Employees < 2
Legal Entity Other
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Petroleum
Locations  Sharjah
Local Time 12:13 AM Asia / Dubai
Listed By Advisor / Business Broker
Status Active
Overall Rating
Full Sale
Asking Price: USD 30 million (Native Currency: AED 110,175,000)
Reason: - The developer has constructed the refinery and is seeking to sell it to a capable buyer due to tim... View More
Includes physical assets worth USD 30 million
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Business Name
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Business Overview
- The refinery is currently non-operational and was developed as a multipurpose facility with a daily input capacity of 500 KL of crude oil.
- The plant can operate on a semi-automatic batch processing system.
- It is designed to be environmentally friendly and will not generate solid, liquid, or gaseous effluents.
- The refinery holds all required legal, environmental, and health permits.
Products & Services Overview
- The refinery will be able to convert crude oil into light crude oil, C6 and C9 solvents, vacuum gas oil, white spirit, diesel, heavy naphtha, and HPO.
- These products will be used in petrochemicals, paints, pharmaceuticals, plastics, textiles, lubricants, manufacturing, and energy industries.
Assets Overview
Tangible assets:
* Own land and building.
* Re-boiler vessel.
* Re-boiler U-tube heat exchanger.
* Distillation column.
* Distillation vessel.
* Distillation U-tube heat exchanger.
* Primary condenser tubes and bonnet.
* Secondary condenser tubes and bonnet.
* Reflux condenser tubes and bonnet.
* Vertical receiver (ground-mounted)
* Vertical reflux drum (ground-mounted)
* Moisture receiver.
* Heat exchanger.
* Bottom cooler.
* Gas knockout and vacuum pot.
* Chimney.
* Vacuum cooling tank.
* Gas neutralizing tank and gas condenser.
* Water light-cut separation tank (conical)
* Thermic boiler.
* Process cooling tower.
* Bottom cooling tower.
* Chiller.
* Vacuum system.
* Structural packing for column.
* Gas scrubber.
* Flanges, fittings, gaskets, nuts, and bolts.
* Process pipelines.
* Valves and control valves.
* Structural framework for process area.
* Analog and digital instrumentation.
* Instrumentation panel.
* Electrical panel.

Intangible assets:
* Health and legal permits of the refinery.
* Ownership documents.
Facilities Overview
The refinery is built on its own land spanning 11,500 sq. m. and includes a storage area, two sheds, security and drivers’ rooms, an office block, a fire pump room, and a processing area.
Capitalization Overview
The refinery is owned by a single shareholder and does not have any loans.
Recent Activity
  • 1 day, 22 hours ago
    M&A Consultant And Advisor, Miami, M&A Advisor connected with the Business
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Contact Business
1 Buyer contacted this Business this week. Register below to connect now!
Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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