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Newly Established Waste to Energy Service Company Seeking Loan in Muscat, Oman

Starting a Pyrolysis tyre recycling plant near Muscat, on a 3,000 sq mt land.
This transaction has concluded.

Established 5-10 year(s)
Employees < 2
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Waste to Energy Service + 1 more
Locations  Muscat
Local Time 12:41 AM Asia / Muscat
Listed By Business Owner / Director
Status Moderately Active
Overall Rating
Seeking Loan
USD 700 thousand for 10.0% annual interest, 3 years (Native Currency: OMR 280,000)
Reason: To meet the requirement for stage 1. The funds will be used to incorporate the company, setup the fa... View More
Collateral Available: USD 0
Interested to connect with advisors
Documents
Business Overview

We plan to setup 1 tyre pyrolysis and 1 refinery plant in an industrial area which is approx 10 kms away from Muscat city. Have identified a 3,000 sq mt land in an industrial area and would setup the factory there. We plan to take this space on 30 year lease term.

Founding members are already running an industrial component manufacturing company in Muscat. They hold more than 30 years of experience and have a strong business relationship in Oman.

Our proposed tyre recycling company will source materials from construction companies, automobile firms and 3 dump yards. After recycling we will sell the product to tyre manufacturers, O&G and chemical industries. We have already advanced our talks with those potential clients.

The legal entity of the proposed company will be formed post raising an investment. The business does not own any physical assets at the moment.

Products & Services Overview

Tyre Recycling, Pyrolysis-oil, Diesel, Carbon-black, Steel, Gas.

Facilities Overview

The proposed factory would be on a 3,000 sq mt area and we plan to take this space on 30 year lease term.

Capitalization Overview
Not Disclosed
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This transaction has concluded. View similar business opportunities on SMERGERS
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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