Quality Industrial Corporation

What Quality Industrial Corporation does

Quality Industrial Corp. (OTC: QIND) is a publicly traded industrial and energy services holding company headquartered in San Francisco, California, but operating primarily through its Al Shola Gas (ASG) subsidiary in the United Arab Emirates. The company was incorporated in Nevada in 1998 (originally as Sensor Technologies Inc.) and underwent multiple corporate transitions before being renamed Quality Industrial Corp in August 2022 following ILUS's acquisition of a 77.4% stake. In March 2024, QIND acquired Al Shola Gas—a UAE LPG services provider founded in 1980—which now serves as the core operating business.

Al Shola Gas delivers end-to-end LPG infrastructure services, including system design, engineering, consultation, supply, installation, testing, commissioning, and ongoing maintenance of centralized gas systems, LPG cylinder distribution, and bulk gas supply. It serves approximately 40,000 commercial, residential, industrial, worker accommodation, and food service customers across the UAE, with engineering subcontracts targeted at property developers, building operators, and industrial facility owners. Recent contract wins include approximately $7 million in new engineering agreements and 16 subcontracts valued at approximately $1.14 million for Dubai projects such as the Terra Heights dual-tower development in Expo City Dubai.

The business model is project- and contract-based, combining professional engineering services (design, installation, commissioning, maintenance) with hardware sales of LPG in bulk and cylinder formats. Pricing is negotiated on a project-by-project basis and is not publicly disclosed. Since November 2024, QIND has operated as a majority-owned subsidiary of Fusion Fuel Green PLC (Nasdaq: HTOO), which controls approximately 67.36% of voting power and has invested approximately $4.4 million in FY2025 with an additional $5 million committed via a forgivable note. QIND reported FY2025 revenue of $16.3 million (45.9% year-over-year growth), with an FY2026 target of $20 million, alongside a GAAP net loss of $4.6 million driven by $3.5 million in legacy asset write-offs and $1.99 million in former-officer settlement costs.

Name

Quality Industrial Corporation

Legal name

Quality Industrial Corp.

Website

https://qualityindustrialcorp.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

51–100 employees

Short description

Quality Industrial Corp. (OTC: QIND) is a publicly traded industrial and energy services holding company operating primarily through its Al Shola Gas subsidiary, which delivers LPG system design, installation, maintenance, and bulk/cylinder supply to approximately 40,000 commercial, residential, and industrial customers across the UAE.

Ownership category

akta.pro rank

Product category

Industrial LPG Infrastructure Services

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (221210), Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Electric, Gas & Sanitary Services (4900), Oil & Gas Field Services, Nec (1389), Oil & Gas Field Machinery & Equipment (3533)

akta.pro industry

PRIMARYEUAJAAAB

Gas Distribution Operations (Day-to-Day Field & System Operations)

Energy, Utilities & Environment/Gas Utilities (Distribution)/Local Distribution Company (LDC) Operations

SECONDARYEUAJAAAG

Operations Coordination with Construction/Maintenance (Work Scheduling & Dispatch)

Energy, Utilities & Environment/Gas Utilities (Distribution)/Local Distribution Company (LDC) Operations

SECONDARYTLAHABAK

LPG / NGL Terminals (Pressurized/ Refrigerated Gas)

Transportation & Logistics/Ports, Terminals & Maritime Services/Bulk Cargo Terminals (Dry & Liquid Bulk)

Keywords

• LPG infrastructure services
• Centralized gas systems
• Bulk gas supply
• Cylinder gas distribution
• Engineering subcontracts

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Supply Chain, Infrastructure

Revenue model

1. LPG Infrastructure Services: Engineering services including system design, consultation, supply, installation, testing, commissioning, and maintenance of LPG systems. Revenue is contract and project-based, with contracts ranging from residential subcontracts to large-scale commercial developments.
2. LPG Product Sales: Sale and distribution of LPG in both bulk and cylinder formats to commercial, residential, and industrial customers.
3. Engineering Subcontracts: Engineering subcontracts covering design, engineering, supply, installation, testing, and commissioning of centralized LPG systems for building projects.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Quality Industrial Corp. operates through its subsidiary Al Shola Gas (ASG) to provide LPG infrastructure services across the United Arab Emirates, including design, consultation, supply, installation, testing, commissioning, and maintenance of centralized LPG systems for commercial buildings, residential towers, and industrial facilities. The company also distributes LPG in cylinder formats and supplies bulk LPG to commercial, residential, industrial, worker accommodation, and food service customers, serving approximately 40,000 end customers.

Product overview

Quality Industrial Corp. is an industrial and energy services holding company operating across the United States and the United Arab Emirates. Its primary operating business is Al Shola Gas (ASG), a long-established LPG services provider founded in 1980. QIND serves as the publicly traded parent entity and SEC-reporting company, while Al Shola Gas delivers the actual service operations including system design, consultation, supply, installation, and maintenance of LPG systems, as well as bulk and cylinder LPG distribution to approximately 40,000 commercial, residential, and industrial customers.

Differentiator

Problem solved

Functional benefit

Products and services

• Al Shola Gas (ASG) Operating subsidiary of Quality Industrial Corp. providing LPG system design, consultation, supply, installation, testing, commissioning, and ongoing maintenance, plus LPG cylinder distribution and bulk gas supply, serving commercial buildings, residential developments, industrial facilities, worker accommodations, and food service customers in the UAE.
• Centralized Gas Systems Design, engineering, supply, installation, testing, and commissioning of centralized LPG systems for low- to high-rise commercial buildings, residential towers, and mixed-use developments.
• LPG Cylinder Distribution Distribution and delivery of LPG in cylinder formats to commercial, residential, industrial, and worker accommodation customers.
• Bulk Gas Supply Bulk LPG gas supply solutions for large-scale industrial and commercial operations in the UAE.
• LPG System Maintenance Ongoing maintenance services for installed LPG systems to ensure safety, efficiency, and operational reliability for commercial, residential, and industrial customers.

Quantifiable outcome

• 45.9% revenue growth to $16.3 million in FY2025
• +4 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Regional players

• ADNOC Distribution: The UAE's largest fuel and convenience retailer, with growing LPG and gas distribution operations in the same geography as QIND. Comparable as a regional player in UAE gas/fuel distribution.
• Emirates Gas (ENOC Group): A leading UAE LPG distributor (part of ENOC Group) dominating the local LPG market. Comparable to QIND's Al Shola Gas in product/market in the same UAE geography, but at materially larger scale.
• Iwatani Corporation: A leading Japanese LPG and industrial gas distributor with bulk/cylinder distribution and gas system installations. Comparable to QIND in LPG distribution and centralized gas system engineering, though primarily Japan-focused.

Direct peers

• Ferrellgas Partners: A U.S. propane distribution company serving residential, commercial, and industrial customers with both bulk and cylinder delivery. Closely comparable to Al Shola Gas's LPG distribution operations.
• Suburban Propane Partners: A leading U.S. propane and LPG distributor serving residential, commercial, industrial, and agricultural customers. Highly comparable to QIND's Al Shola Gas in core LPG distribution and bulk/cylinder delivery model.
• AmeriGas Partners: The largest U.S. propane distributor, serving residential, commercial, industrial, and motor fuel customers. Direct comparable in LPG product distribution and bulk/cylinder business model.
• UGI Corporation: A diversified energy distribution company with large LPG/propane operations in the U.S. and Europe through AmeriGas. Comparable to QIND in LPG distribution and engineering/installation services for gas systems.
• SHV Energy: A global LPG distributor operating across Europe, Asia, and the Americas. Comparable in product offering and service model for LPG cylinder distribution and bulk gas supply.

Emerging players

• Confidence Petroleum India: An Indian LPG bottling and distribution company with bulk and cylinder operations. Comparable business model in emerging LPG markets with engineering and infrastructure services.

Broad incumbents

• Air Products and Chemicals: A large global industrial gases company with significant LPG/NGL and gas infrastructure operations. Comparable broadly to QIND in industrial gas engineering, distribution, and energy services at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/QualityIndCorp
• LinkedInlinkedin.com/company/quality-industrial-corp

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries2 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about Quality Industrial Corporation