Alexandria Specialty Petroleum Products Company

What Alexandria Specialty Petroleum Products Company does

Alexandria Specialty Petroleum Products Company (ASPPC) is an Alexandria-headquartered, Egyptian state-affiliated manufacturer of specialty petroleum products established in 1998 under Law No. 8 of 1997. The company operates four specialized production units covering cutback asphalts (medium-curing grades MC-30, MC-70, and MC-3000 compliant with ASTM D2027), cationic asphalt emulsions (CRS-1, CMS-2, CSS-1/CSS-1h, CQS-1HP compliant with ASTM D2397), compounded waxes (Cerecin, Hot Melt, Anti Ozone, PVC, Lamination, Coating, Releasing, Petroleum Bees Wax grades), and petroleum jelly / cable jelly / H.C petroleum oil products. ASPPC characterizes itself as Egypt's leading domestic producer of bitumen emulsions, with products authenticated by the Egyptian Organization for Standards and Quality (EOS 2002) and chemical laboratories accredited under ISO/IEC 17025:2017 through the Egyptian Accreditation Council until June 14, 2027.

The company's revenue model is B2B direct sales of manufactured petroleum products to enterprise buyers, anchored on Egyptian government infrastructure projects — notably the National Roads Plan and Egypt Vision 2030 — and extending to construction, pavement, and industrial manufacturers (roofing membrane, insulation, cable filling). Pricing is quote-based and negotiated rather than published; transactions are conducted through direct enterprise sales relationships with no retail or marketplace intermediation. A secondary export channel disposes of surplus production into foreign markets, though international volumes are described as residual rather than strategic. ASPPC's shareholder base is concentrated among public-sector petroleum and financial institutions — including Alexandria Petroleum Company, Misr Petroleum, El Taawoun Petroleum, CIIC, AMOC, National Bank of Egypt, Banque Misr, Nasser Social Bank, Misr Insurance, and Insurance Holding Company — with no venture capital or private equity involvement.

Operating footprint is single-country (Egypt, North Africa), supported by 251 personnel across the Alexandria manufacturing complex. The company maintains a broad ISO certification suite (9001:2015, 14001:2015, 45001:2018, 50001:2018, 27001:2022, 26000:2010) and discloses 4,598 safe working hours and 69,000 in annual sales quantity. Leadership is led by Chairman and Managing Director Ahmed Abdel Sattar, with Dr. Yasser El-Naggar heading chemical laboratories and research; both are responsible for ongoing R&D investment in sustainable formulations aligned with national industry localization and environmental objectives.

Name

Alexandria Specialty Petroleum Products Company

Legal name

Alexandria Specialty Petroleum Products Company

Website

https://asppc.com.eg

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

11–50 employees

Short description

Alexandria Specialty Petroleum Products Company (ASPPC) is an Egyptian state-affiliated manufacturer of bitumen emulsions, cutback asphalts, compounded waxes, and petroleum jelly serving government infrastructure projects, construction firms, and industrial manufacturers, with surplus production exported internationally.

Ownership category

akta.pro rank

Product category

Specialty Petroleum Products

NAICS

Asphalt Paving Mixture and Block Manufacturing (324121), Asphalt Shingle and Coating Materials Manufacturing (324122), All Other Petroleum and Coal Products Manufacturing (324199), Petroleum and Coal Products Manufacturing (324)

SIC

Petroleum Refining (2911), Chemicals & Allied Products (2800)

akta.pro primary industry

Asphalt Emulsions (Cationic/Anionic, CRS/SS, Specialty Emulsions) (EUALAKAB)

akta.pro secondary industries

Cutback Asphalt & Flux Oils (Rapid/Medium/Slow-Curing) (EUALAKAC), Process Oils & White Oils (IMAEAMAK)

Keywords

• Bitumen emulsion manufacturing
• Cutback asphalt products
• Petroleum wax production
• Road construction materials
• Specialty petroleum products

Headquarters

HQ city

Alexandria

HQ country

Egypt

HQ region

Africa

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Petroleum Products Sales: ASPPC generates revenue through the manufacture and sale of specialized petroleum products including bitumen emulsions, cutback asphalts, compounded waxes, petroleum jelly, and cable jelly. The company serves domestic Egyptian market needs and exports surplus to foreign countries. Products are sold to government infrastructure projects, construction companies, roofing membrane manufacturers, and industrial clients.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

ASPPC manufactures specialized petroleum products across four production units — cutback asphalts, cationic asphalt emulsions, compounded waxes and petroleum jelly / cable jelly — used in road construction, pavement maintenance, roofing membranes, insulation, cable filling and other industrial applications. The company serves Egypt's domestic market, including national infrastructure programs, and exports surplus production internationally.

Product overview

Alexandria Specialty Petroleum Products Company (ASPPC) is a specialty petroleum products manufacturer operating four production units. Its product portfolio consists of four distinct product lines: Cutback bitumens (medium curing asphalt products including ASPPC 101L, 101S, 104 MC70, and 105 MC3000 used in pavement construction and maintenance), Asphalt Emulsions (cationic emulsions including rapid, medium, and slow setting variants such as ASPPC 201, 202, 205 CMS, 212 CSS, 213, 214 CQS, and 215 CSS Cold Mix for cold-applied road and industrial applications), Compounded Waxes (industrial wax blends including Cerecin Wax, Hot Melt Wax, Anti Ozone Wax, PVC Wax, Lamination Wax, High Viscous Hot Melt, Coating Wax, Petroleum Bees Wax, and Releasing Wax), and Petroleum Jelly/Vaseline products (including Cable Jelly, Snow White Vaseline, H.C Petroleum Oil, and customized cable jelly). ASPPC is Egypt's major producer of bitumen emulsions, with products authenticated by the Egyptian Organization for Standards and Quality (EOS 2002) and compliant with international ASTM standards.

Differentiator

Problem solved

Functional benefit

Brands

• Cutback Products: Medium curing cutback asphalts (MC-30, MC-70, MC-3000) for pavement construction and maintenance
• Emulsion Products
• Compounded Wax Products
• Vaseline and Cable Jelly Products

Products and services

• ASPPC 101L — MC-30 Medium Curing Cutback Asphalt Medium curing cutback asphalt (MC-30) for pavement construction and maintenance; sold to construction companies and government infrastructure projects.
• ASPPC 101S — MC-30 Medium Curing Cutback Asphalt (ASTM D2027) Medium curing cutback asphalt (MC-30) compliant with ASTM D2027, for pavement construction and maintenance.
• ASPPC 104 — MC-70 Medium Curing Cutback Asphalt Medium curing cutback asphalt (MC-70) for pavement construction and maintenance.
• ASPPC 105 — MC-3000 Medium Curing Cutback Asphalt (ASTM D2027) Medium curing cutback asphalt (MC-3000) compliant with ASTM D2027, for pavement construction and maintenance.
• ASPPC 201 — CRS-1 Cationic Rapid Setting Asphalt Emulsion (ASTM D2397) Cationic Rapid Setting (CRS-1) cold applied asphalt emulsion compliant with ASTM D2397, for road construction and surface treatment.
• ASPPC 202 — CRS-1 Rapid Setting Cationic Asphalt Emulsion (ASTM D2397) Rapid setting cationic asphalt emulsion (CRS-1) compliant with ASTM D2397, for cold-applied road applications.
• ASPPC 205 CMS — Medium Setting Cationic Asphalt Emulsion (ASTM D2397) Medium setting cold-applied fluid asphalt emulsion (CMS-2) compliant with ASTM D2397.
• ASPPC 212 CSS — Cationic Slow Setting Asphalt Emulsion (ASTM D2397) Cationic Slow Setting (CSS-1/CSS-1h) cold-applied fluid asphalt emulsion compliant with ASTM D2397.
• ASPPC 213 — Modified Soft Bitumen Modified soft asphalt used as a raw material for various industrial applications, especially for roofing membrane industry and insulating products.
• ASPPC 214 CQS — Polymerized Cationic Quick Setting Asphalt Emulsion (ASTM D2397) Polymerized Cationic Quick Setting Asphalt Emulsion (CQS-1HP), cold applied, compliant with ASTM D2397.
• ASPPC 215 — CSS Cold Mix Asphalt Emulsion Medium to high viscosity cationic asphalt emulsion, cold applied, ideal for cold mix, cold recycling, and slurry seal applications.
• ASPPC 401 — Cerecin Wax Low viscosity wax blend used for industrial applications.
• ASPPC 403 — Hot Melt Wax Low viscosity compound wax blend for industrial applications.
• ASPPC 405 — Anti Ozone Wax High melting point wax for industrial anti-ozone applications.
• ASPPC 406 — PVC Wax Relatively high melting point compounded wax for industrial applications.
• ASPPC 409 — Lamination Wax Compounded adhesive wax used in lamination applications.
• ASPPC 410 — High Viscous Hot Melt Wax High viscosity compounded wax blend for industrial applications.
• ASPPC 411 — Hot Melt Wax (Medium Viscosity) Medium viscosity compounded wax blend for industrial applications.
• ASPPC 413 — Coating Wax Low viscosity compounded wax blend for coating applications.
• ASPPC 415 — Petroleum Bees Wax Highly purified and modified petroleum wax blend for industrial applications.
• ASPPC 462 — Releasing Wax Mixture of hydrocarbon waxes used as a releasing agent in industrial processes.
• ASPPC 503 — Cable Jelly High-quality cable-filling compound based on mineral hydrocarbons, sold to cable manufacturers and industrial customers.
• ASPPC 506 — Snow White Vaseline Snow-white, translucent, semi-solid mixture of highly refined hydrocarbons for industrial applications.
• ASPPC 521 — H.C Petroleum Oil H.C. petroleum oil product for industrial applications.
• Customized Cable Jelly Customized cable jelly product tailored to specific customer requirements.

Quantifiable outcome

• Egypt's leading national producer of specialized bitumen emulsions

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Tipco Asphalt Public Company: Thailand-based specialized asphalt emulsions and cutback producer serving road construction across Asia. Most directly comparable to ASPPC's bitumen emulsion and cutback production lines with similar product portfolio and B2B government/contractor customer base.
• Nynas AB: Specialty bitumen producer focused on polymer-modified bitumen and emulsions for road and industrial applications. Directly comparable to ASPPC's bitumen emulsion and cutback business with emphasis on performance-grade formulations.
• Aggregate Industries UK: UK-based producer of asphalt products including emulsions and cutbacks for road construction and maintenance. Directly comparable on paving-grade bitumen products with similar B2B sales-led GTM.
• Colas SA: French road construction and specialty bitumen emulsion manufacturer with global operations. Closely comparable on the bitumen emulsions side and on government road infrastructure customer overlap.

Broad incumbents

• CEMEX S.A.B. de C.V. Global building materials company producing asphalt mixtures and construction materials. Adjacent in supplying road-building products through government infrastructure channels, though much broader portfolio.
• Shell Bitumen: Global integrated oil major with a leading bitumen and asphalt emulsion business. Overlaps with ASPPC in cutback and emulsion products at global scale, but as part of a much broader downstream portfolio.
• Indian Oil Corporation (Bitumen Division): Indian state-major refining and bitumen producer serving domestic infrastructure programs. Comparable in being state-affiliated and serving large government road-building programs like Egypt's National Roads Plan.
• TotalEnergies Bitumen: Global integrated energy company's bitumen division producing emulsions, cutbacks, and polymer-modified binders. Comparable on product category though much larger scale and broader portfolio.

Emerging players

• Iterchimica Srl: Italian specialty bitumen additives and emulsions producer focused on sustainable and high-performance road applications. Comparable emerging player intersecting with ASPPC's polymerized cationic quick-setting emulsion line.

Regional players

• Saudi Bitumen Industries Company: Saudi-based modifier bitumen and cutback producer serving Middle East road and infrastructure projects. Comparable regional competitor with overlapping product portfolio aimed at government-led infrastructure markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutu.be/t2v_zG1G4yI
• LinkedInlinkedin.com/company/alexandria-specialty-petroleum-products-company

Compliance10 records

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 Alexandria Specialty Petroleum Products Company