Water Treatment Company for Sale in Dammam, Saudi Arabia
Established | 5-10 year(s) |
Employees | < 2 |
Legal Entity | Limited Liability Company (LLC) |
Reported Sales | Nil |
Run Rate Sales | Nil |
EBITDA Margin | Nil |
Industries | Specialty Chemicals Wholesale + 1 more |
Locations | Dammam |
Local Time | 12:04 AM Asia / Riyadh |
Listed By | Business Owner / Director |
Status | Active |
Company is constructing a chemical manufacturing unit in Dammam 2nd Industrial City, Saudi Arabia. In order to set up a factory in Dammam 2nd Industrial City, a company needs to receive an approval from Saudi Aramco which is a time consuming process. We submitted our business plan to Saudi Aramco and received the approval after 1.5 years. After receiving the approval, we leased a land of 7,000 sq mt from Modon and started the factory construction work. Have completed 30% of construction work till date.
Company plans to manufacture chemicals and lubricants. The chemicals will be sold to companies in the oil & gas, saline and wastewater treatment industries. The lubricants will be sold to companies in the metallurgical industry. As per our business plan, we will sell our products to 10+ companies in Saudi Arabia.
For manufacturing chemicals and lubricants, our company has established technical cooperation agreements with 1 German, 1 Austrian and 1 Indonesian company. This agreement will allow us to use their patents and technical know-how to manufacture products at our factory. In addition, we have also entered into an agreement with the German company to produce lubricants on their behalf.
Founder of the company has 17 years of experience in the industrial consultancy field. Company has invested a total of SAR 2.5 million which include investment in factory construction, acquiring licenses, approvals and business plan. Physical assets owned by the company include the under-construction factory, office building and steel structures. Our company website is temporarily down and will be back live shortly.
Company will manufacture chemicals and lubricants.
- Chemicals: The chemicals will include coagulant, flocculant, antiscalant, antifoam, macrofouling, H2S scavengers, O2 scavengers, open & closed cooling water treatment chemicals, oxidizing & non-oxidizing agents, chemicals for condensate lines and low, mid & high pressure boiler water treatment chemicals.
- Lubricants: The lubricants will include metallurgy lubricants and their treatment chemicals.
- The facility of 7,000 sq mt is in an industrial lot rented from Saudi Industrial Property Authority (Modon) at a rate of SAR 3.75 per sq mt per year for a lease agreement of 20 years.
- Have constructed a two story admin cum sales building, 1 story (with foundation to hold a second level) for production and R&D labs. The entire shop floor and warehousing areas are covered with steel structure.
-
Earlier than 15 daysDirector, Investment, Chennai, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysDirector, Specialty Chemicals Production, Jaipur, Corporate Investor / Buyer connected with the Business
-
Earlier than 15 daysCXO, Specialty Chemicals, Mumbai, Corporate Investor / Buyer connected with the Business