Leading Lubricant Blending Company

1 year ago Manila, Philippines Ad Views:759 Ad ID: 2177

Additional Details

  • Ad ID2177
  • Posted On1 year ago
  • Ad Views759
  • Price880,000,000 ₱


Leading Lubricant Blending Company 

For sale is a 19 year old lubricant blending plant in Luzon with an annual rated production output of 20 million liters based on 8-hrs shift.  Presently producing about 800,000 to 900,000 liters per month or about 50% capacity.

It is capable of blending lubricating oils for the automotive, industrial, marine, food, and for almost all types of lubrication for various industry types. Packing configurations from 200 ml to 50 gallon drums and bulk is currently done.

Related toll blending services for customized blending,packaging design and development, warehousing and delivery, and laboratory product testing are also part of the core competencies of the plant.

The sale includes following major assets:

·        3,600 sqm of real estate

·        Production area of 2,640 sqm

·        Office/ expansion area of 1,304 sqm

·        Storage tanks and blending/holding tanks of 1 million liters

·        Production facility with 210 KVA power generator

·        Full laboratory testing and XRF capability

·        Logistics fleet composed of 3 tanker lorries,2 Komatsu forklifts, trucks, vans

·        A barge for hauling oil with a total cubic capacity of 1,107,700 liters, which is essential to the operation.  The barge is in the books of another company.

The company name, brands, customer database and formulations are included in the sale.  Inventory may be purchased at cost.

Other purchase options are:  asset sale for P280 million; and 60% share for P500 million.

The owners want to sell the the business so that they can concentrate on other businesses.  Owner is willing to be the technical consultant for one year.