Yunitco

What Yunitco does

Yunitco (legal name: Yanbu United Co. For Trading and Industry, Closed Joint Stock) is a Saudi Arabia-based industrial company that re-refines petroleum waste and used oils into re-refined base oils, solvents, insulating materials, process lube oil, tar oil, and fuel oil. Founded in 1979 in Badr city and now headquartered in Yanbu Al-Sanaya, the company operates the largest re-refined base oil plant in the Middle East and North Africa and the second largest globally, with an annual production capacity of 240,000 tons on a 96,000 square meter facility. Its technology stack centers on industrial re-refining processes that convert spent lubricants, petroleum residues, and petrochemical byproducts into five viscosity grades of base oil (LLBO, LBO, MBO, HBO, HHBO) plus complementary solvents and insulating materials.

The business is vertically integrated: Yunitco operates its own transportation and logistics fleet (including Super Sucker vehicles for hazardous and non-hazardous materials) to collect petroleum waste from upstream generators, re-refines it at the Yanbu facility, and sells the resulting products through direct B2B field sales to petroleum and petrochemical companies, industrial manufacturers, cement factories, and factory operators. The company exports to more than 46 countries across Asia, Africa, Europe, and Latin America, supported by regional offices in Dubai (UAE), Nairobi (Kenya), and a sales office in Jeddah. Storage capacity is currently 15,000 tons with stated plans to expand to 40,000 tons. The company also extends its value chain downstream through an affiliated lubricants sub-brand called Oilex.

Yunitco is a privately held Closed Joint Stock company, founded by Sheikh Hameed Abdul Rahman Al-Sobhi and currently led by Group CEO Abdullah Alsubhi. It has 251-500 employees, no disclosed external investors or parent company, and no public revenue figures. Its commercial model is enterprise B2B direct sales with no public pricing, and the business is positioned to benefit from Saudi Vision 2030 environmental and sustainability objectives, which favor formal petroleum waste treatment over landfill disposal.

Name

Yunitco

Legal name

Yanbu United Co. For Trading and Industry, Closed Joint Stock

Website

https://yunitco.com.sa

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

251–500 employees

Short description

Yunitco is a Saudi closed-joint-stock company that re-refines petroleum waste into base oils, solvents, insulating materials, and fuel, operating the largest re-refined base oil plant in MENA (240,000 tons/year) and exporting to 46+ countries across four continents.

Ownership category

akta.pro rank

Product category

Petroleum Recycling & Re-Refined Base Oils

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), All Other Petroleum and Coal Products Manufacturing (324199), Petroleum and Coal Products Manufacturing (3241)

SIC

Miscellaneous Products Of Petroleum & Coal (2990), Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Base Oil Production & Supply (Group I–V, Re-refined) (EUALAJAA)

akta.pro secondary industries

Used Oil, Lubricants & Industrial Fluids Recovery/Recycling (IMAIAFAM), Used Oil & Oily Waste Management (Collection, Re-refining, Disposal) (BPALAFAI)

Keywords

• Petroleum waste treatment
• Re-refined base oil
• Oil recycling services
• Industrial solvents
• Petroleum logistics

Headquarters

HQ city

Yanbu Industrial City

HQ country

Saudi Arabia

HQ region

Middle East

Offices4 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Supply Chain, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Re-Refined Base Oil Sales: Production and sale of re-refined base oils (LLBO, LBO, MBO, HBO, VHBO) for manufacturing gasoline engine oils, diesel engine oils, transmission oils, gear oils, and multi-functional industrial oils
2. Solvent Products: Production and sale of light and heavy solvents for industrial applications
3. Insulating Materials: Production and sale of light and heavy insulating materials for industrial use
4. Fuel Oil Sales: Production and sale of fuel oil for factory and industrial use
5. Petroleum Waste Treatment Services: Treatment and recycling of petroleum wastes, lubricating oils, and industrial water for factories and refineries
6. Logistics and Transportation Services: Land transport and logistics services for petroleum products, hazardous and non-hazardous waste materials

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

Yunitco manufactures and sells re-refined petroleum products (five grades of base oils, solvents, insulating materials, process lube oil, tar oil, and fuel oil) produced from recycling used petroleum waste and industrial oils. The company also provides petroleum waste treatment, industrial water treatment, oil deposit remediation, and specialized transportation/logistics services for hazardous and non-hazardous materials to industrial customers in the petroleum, petrochemical, cement, and manufacturing sectors.

Product overview

Yunitco operates as a diversified petroleum services and recycling company offering a comprehensive portfolio of re-refined petroleum products and environmental services. The core product line consists of five grades of base oils (LLBO, LBO, MBO, HBO, HHBO) ranging from low to very heavy viscosity, which are re-refined from used oil and serve as raw materials for manufacturing engine oils, transmission oils, and industrial lubricants. Complementary product lines include light and heavy solvents, light and heavy insulating materials, process lube oil (PLO), and tar oil. The company provides associated services including petroleum waste treatment, industrial water treatment, and transportation/logistics for hazardous and non-hazardous materials. Yunitco is positioned as the largest re-refined base oil producer in the Middle East and North Africa, exporting products to over 46 countries.

Differentiator

Problem solved

Functional benefit

Products and services

• Low Light Base Oil (LLBO) Low viscosity re-refined base oil with kinematic viscosity of 13.0-17.0 cSt at 40°C, used in manufacturing gasoline engine oils, diesel engine oils, transmission oils, and gear oils. Sold to lubricant manufacturers and industrial customers.
• Light Base Oil (LBO) Light viscosity re-refined base oil with kinematic viscosity of 22-34 cSt at 40°C, used in engine oil formulations and industrial applications. Sold to lubricant manufacturers and industrial customers.
• Medium Base Oil (MBO) Medium viscosity re-refined base oil with kinematic viscosity of 38-49 cSt at 40°C and flash point above 210°C, suitable for industrial lubricant applications. Sold to lubricant manufacturers and industrial customers.
• Heavy Base Oil (HBO) High viscosity re-refined base oil with kinematic viscosity of 75-98 cSt at 40°C, designed for heavy-duty industrial applications. Sold to lubricant manufacturers and industrial customers.
• Very Heavy Base Oil (HHBO) Highest viscosity grade re-refined base oil with kinematic viscosity greater than 10.5 cSt at 100°C, for specialized industrial uses. Sold to lubricant manufacturers and industrial customers.
• Light Solvent Low density industrial solvent with kinematic viscosity of 0.5-1.4 cSt at 40°C and boiling point range of 36-395°C, used in industrial applications and manufacturing processes. Sold to industrial manufacturers.
• Heavy Solvent Higher density industrial solvent with kinematic viscosity less than 5.0 cSt at 40°C and calorific value above 7000 BTU/lb, used in industrial applications. Sold to industrial manufacturers.
• Light Insulating Materials Industrial insulating material with minimum density of 865 kg/m3 and kinematic viscosity of 18 cSt at 50°C. Sold to industrial manufacturers for insulation applications.
• Heavy Insulating Materials Heavy grade industrial insulating material for applications requiring higher viscosity and density specifications. Sold to industrial manufacturers.
• Process Lube Oil (PLO) Process lube oil manufactured from recycled petroleum waste, used in petrochemical and industrial operations. Sold to petrochemical plants and industrial customers.
• Tar Oil Tar oil product with minimum density of 900 kg/m3 and kinematic viscosity of 1500 cSt at 50°C, used in industrial applications. Sold to industrial customers.
• Fuel Oil Fuel oil produced and blended to varying grades for industrial and commercial fuel applications. Sold to industrial facilities and factory operators.
• Petroleum Waste Treatment Services Treatment and recycling of petroleum wastes, lubricating oils, industrial water, and oil deposits for environmental conservation and resource recovery. Sold to oil refineries, petrochemical plants, cement factories, and other oil waste producers.
• Transportation and Logistics Services Professional land transport of petroleum materials and hazardous/non-hazardous waste using specialized equipment including Super Sucker vehicles. Sold to industrial customers, refineries, and waste producers.

Quantifiable outcome

• Storage capacity meets local and global market requirements

Segments4 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Regional players

• Nynas: Nynas is a European specialty-oils and bitumen producer that recovers used oils and produces specialty oils and naphthenic base oils. Its regional focus (Europe) and specialty oil recovery model make it a comparable play in non-MENA geographies.
• FCC Environment: FCC Environment is a major European waste management services provider with hazardous and industrial waste handling capabilities. It operates in a regional play similar to Yunitco's European export footprint and competes in industrial customer accounts.

Broad incumbents

• Clean Harbors: Clean Harbors is North America's leading provider of hazardous waste management and industrial services, including used-oil collection and recycling. While much larger and more diversified, its environmental services segment competes with Yunitco's petroleum-waste-treatment offering.
• Veolia Environnement: Veolia is a global leader in environmental services including hazardous waste collection, treatment, and recycling of used oils and lubricants. Its oil-recycling line overlaps directly with Yunitco's industrial waste treatment service line, though it operates at much broader scale across many waste streams.
• ENI (eni Sustainable Mobility): Eni's re-refining arm collects used oils and produces re-refined base oils in Europe through brands such as Re.Grease. It is comparable as an integrated oil major operating a re-refining and lubricants business alongside traditional refining — analogous to a scaled version of Yunitco.
• TotalEnergies Lubricants: TotalEnergies is a major global lubricants producer integrating virgin and re-refined base oils into finished lubricant brands. Its re-refining operations and finished lubricant business competitively overlap with both Yunitco's base oil output and the Oilex lubricants affiliate.
• Suez (Suez Recycling and Recovery): Suez operates a global recycling and recovery business including industrial and hazardous waste streams. Its environmental services portfolio competes with Yunitco's petroleum-waste treatment and recycling segment, particularly for industrial customers.

Direct peers

• World Oil Corp: World Oil Corp is an independent used-oil re-refiner producing Group II-equivalent base oils from recovered feedstocks. The model of converting waste oils into multiple base oil grades positions it as a direct functional peer to Yunitco's Yanbu plant.
• Heritage-Crystal Clean: Heritage-Crystal Clean operates the largest US re-refining capacity for used motor oil and sells rerefined base oil alongside oil waste collection services. Its product mix and customer base (industrial blenders, lubricant manufacturers) closely match Yunitco's core business.
• Safety-Kleen: Safety-Kleen is the largest used-oil re-refiner in North America, operating an integrated used-oil collection, re-refining, and base oil/blender supply business. It directly mirrors Yunitco's re-refined base oil production model across multiple viscosity grades and serves industrial/blender customers.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/yunitcocompany
• LinkedInlinkedin.com/company/yunitco-ksa

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Yunitco