In the year 2010, the Promoter joined hands with the other Partners who were doing a similar undertaking since 1993. They also had a used oil recycling plant since 2001, in Fujairah Freezone, having a recycling capacity of 50 tons per day. The Company was formed with five expats from the same family, and one local Partner.
The Company was formed with a capital of AED 1,000,000. The Partners of the Company decided to start a state of the art used oil and contaminated light flash oil recycling Plant in the emirate of Fujairah.
A land of 10,000 m2 was taken from the Fujairah municipality for setting up this Plant. The Plant was set up with a total investment of AED 27,000,000 and came into production in the month of October 2012. The Company constructed a shed of 18 meters X 66 meters X 12 meters for putting up the two plants, for used oil recycling and contaminated light oil recycling separately, with a capacity to recycle 100 tons of used oil and 70 tons of light oil respectively.
The Company also constructed a shed of 20 meters X 66 meters X 4.5 meters for the storage of clay (which is one of the raw materials) and a workshop cum storehouse. The work shop is equipped to do all in-house maintenance work and the store maintains all spare parts for the Plant.
The Company has a G+1 storey building, for office cum lab which has an area of 360 m2. The Company has its own labor accommodation building, of G+1 storey which has an area of 480 m2. The Company has a storage tank farm with 43 steel and concrete tanks to store 3,000 metric tons of raw material and finished products. The Company has water and power connection from FEWA.
There are different technologies for recycling used oil. Most widely accepted and environmental friendly technology is the high vacuum cum clay polishing technology. This is the technology which is being adopted in this plant for used oil recycling. The Company recycles contaminated light flash oil with distillation process. The Company has a valid trade license which authorizes the Company for used lubricants collection works, importing & exporting, lubricants waste recycling, lubricants recycling and retail sale of inflammation materials.
Presently the company is involved in lubricants waste oil collection, recycling of used oil, selling of reclaimed base oil, furnace oil, light cuts, residue, carbonated clay and blending of lubricants.
The Company has achieved a turnover of around AED 67,000,000 in the year 2014.