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STRATEGIC GROWTH PLAN

STRATEGIC GROWTH PLAN

As a strategic vision, the Company had decided to make an additional investment of AED 20 million towards the expansion plan.

The Company is creating a facility to increase the capacity of the plant to recycle 160 tonnes of used oil per day.

The Company is also putting up column distillation facilities which will distillate light crude oil, diesel, kerosene, naphtha and mixture of hydrocarbons to produce high quality solvents used in different industries. This facility shall be able to distillate 150 tonnes per day.

For the above, the Company is constructing a new shed measuring 20m X 42m x 17m. The work for the same is under process on war footing and the plans are to start production from the new unit by the end April, 2018.