Alexandria Mineral Oils

AMOC is an Egypt-based company that operates in the petroleum industry. The Company specializes in the production of essential mineral oils, paraffin wax and its derivatives, naphtha and butane, as well as distributes and markets them in Egypt and abroad. Its manufacturing facilities are spread over 500,000 square meters in the Salina area in Alexandria, and consist of two complexes: the lubes and special oils complex, which manufactures neutral oils, paraffin waxes, soft/slack waxes and aromatics, and the maximization of gas oil complex, which manufactures gas oil, naphtha and liquid petroleum gas (LPG) for local consumption, waxy distillates, heavy residue and black oil for blending with exported fuel oil, and biological sulfur. The Company also operates four laboratories, and performs chemical analysis.
Financial Performance:
AMOC released its 9-month financials for the FY10/11, recording a 76% year-on-year leap in bottom line to EGP675mn, compared to EGP384mn, a year earlier.