Wataniya Group

What Wataniya Group does

Wataniya Group is a privately held Iraqi industrial conglomerate founded in 2012 with reported capital of 24 Billion IQD, headquartered in Sulaimaniyah and operating across Iraq and the United Arab Emirates. The group is organized into Industry and Trading divisions, with manufacturing assets co-located adjacent to the Samawa Refinery in Samawa (Muthanna). Its portfolio includes the Wataniya Bitumen & Oil Refinery, the Saman Cement Plant, the Saman Power Plant, and a Naphtha Hydrotreating Unit, producing bitumen, cement, gasoline (RON 97+ Euro V), LPG, and captive electricity for industrial buyers and Iraqi infrastructure projects.

The company produces paving-grade bitumen (penetration grades 40/50 through 200/300 and viscosity grades VG10–VG40) and cutback bitumen (MC30–MC3000) using the Pörner-licensed Biturox® Bitumen Blowing Unit with a design capacity of 500,000 MTPA, alongside a 300 MTPD Cut-Back Bitumen line and a 900,000 MTPA Vacuum Distillation Unit under development upstream. Cement is produced at the 4,000,000 MTPA Saman Cement Plant built by Sinoma International, while refined petroleum products — gasoline and LPG — are produced at the 4,000,000 BPA Naphtha Hydrotreating Unit using Honeywell UOP technology. A 50 MW captive Saman Power Plant, equipped with six MAN 18V32/40 engines and built by CGGC-UN Power, supplies on-site electricity. Distribution covers poly bags, steel drums (150/180/220 kg), flexitanks, and 800–5000 MT bulk vessels and bitumen tankers.

Wataniya monetizes through direct B2B industrial sales to construction companies, government infrastructure programs, and petroleum buyers, with quote-based pricing on bulk volumes rather than disclosed list pricing. Products carry ISO 9001, ISO 14001, ISO 18001, and CE marking certifications verified by SGS, GEOCHEM, and Bureau Veritas, supporting bids on international-standard tenders. The strategic partnership with Khairat Abar Iraqiya anchors co-development of multiple Samawa assets, and the company promotes itself through direct sales, its corporate website (TDS/MSDS hosting), and participation in the AMEA Bitumen and Base Oil Conference.

Name

Wataniya Group

Legal name

Wataniya Group

Website

https://wataniyagroup.com

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Wataniya Group is a privately held Iraqi industrial conglomerate (founded 2012) operating a 500,000 MTPA bitumen refinery, a 4,000,000 MTPA cement plant, a 4,000,000 BPA naphtha hydrotreater, and a 50 MW captive power plant at Samawa, selling paving-grade bitumen, cement, gasoline, and LPG to construction companies and government infrastructure buyers in Iraq and the UAE.

Ownership category

akta.pro rank

Product category

Bitumen & Construction Materials Manufacturing

NAICS

Petroleum Refineries (32411), Petroleum and Coal Products Manufacturing (3241)

SIC

Petroleum Refining (2911), Cement, Hydraulic (3241)

akta.pro primary industry

Oxidized/Blown Bitumen (Industrial Grades) (EUALAKAE)

akta.pro secondary industries

Bitumen Logistics & Terminals (Bulk Storage, Heating, Packaging, ISO Tanks) (EUALAKAI), Refinery Offsites, Storage & Loading (Tankage, Truck/Rail/Marine Loading) (EUALAGAK)

Keywords

• Bitumen refining
• Paving bitumen
• Cement manufacturing
• Petroleum refining
• Industrial manufacturing

Headquarters

HQ city

Al Sulaimaneah, Al Sulaimaneah

HQ country

Iraq

HQ region

Middle East

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Bitumen Products Sales: Sale of various bitumen products including Penetration Grade, Viscosity Grade, and Cutback Bitumen for road construction and industrial applications. Products sold in multiple packaging formats.
2. Cement Production and Sales: Saman Cement Plant produces cement for construction sector, distributed through commercial networks throughout Iraq.
3. Refined Petroleum Products: Production and sale of gasoline (RON 97+ EURO V specifications) and LPG from Naphtha Hydrotreating Unit.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels3 records

Core offering

Wataniya Group is an Iraqi industrial conglomerate that refines and manufactures bitumen products, cement, and refined petroleum products for construction and industrial buyers. Its flagship is the Wataniya Bitumen & Oil Refinery (adjacent to Samawa Refinery) using Pörner's Biturox® technology with 500,000 MTPA capacity, producing penetration-grade, viscosity-grade, and cutback bitumen meeting ASTM and BS/EN international standards. The group also operates the Saman Cement Plant (4,000,000 MTPA), Naphtha Hydrotreating Unit (gasoline RON 97+ EURO V, LPG), and Saman Power Plant (50 MW captive).

Product overview

Wataniya Group operates as a diversified industrial conglomerate with bitumen refining as its primary focus. The company offers a comprehensive portfolio of bitumen products including Penetration Grade Bitumen (40/50 through 200/300), Viscosity Grade Bitumen (VG10-VG40), and Cutback Bitumen (MC30-MC3000). These products are manufactured at the Wataniya Bitumen & Oil Refinery using Biturox® technology with a design capacity of 500,000 MTPA. The company provides multiple packaging solutions including Poly Bags (30-40Kg and 1000Kg), Bitumen Drums (150Kg and 180Kg), Bulk Packing via vessels and tankers, and Flexitanks. The product portfolio also includes technical documentation (TDS and MSDS) for all grades meeting ASTM and BS/EN international standards.

Differentiator

Problem solved

Functional benefit

Products and services

• Penetration Grade Bitumen Standard paving grade bitumen essential for road construction and asphalt pavement production, available in multiple penetration grades that bind aggregates to create cohesion and stability in bituminous mixes.
• Viscosity Grade Bitumen Bitumen graded by viscosity at 60°C, available in VG10, VG20, VG30, and VG40 grades for road construction and industrial applications.
• Cutback Bitumen Bitumen reduced in viscosity by adding petroleum distillates (kerosene), available in grades MC30, MC70, MC250, and MC3000, used for spray sealing and penetration applications in cooler temperatures.
• Saman Cement Cement produced at the Saman Cement Plant for the Iraqi construction sector, distributed through commercial networks throughout Iraq.
• Refined Petroleum Products (Gasoline and LPG) Production and sale of gasoline (RON 97+ EURO V specifications) and LPG from the Naphtha Hydrotreating Unit.
• Saman Power Plant (Captive Power) 50 MW captive power generation facility supporting operational reliability for Wataniya's Samawah industrial complex.
• Bulk Packing (Bulk Vessels and Bitumen Tankers) Transportation of bitumen via bulk vessels (800–5,000 MT capacity) or bitumen tankers equipped with integrated heating systems or direct flame heating.
• Bitumen Drum Packaging Steel drum packaging for bitumen available in 150 Kg and 180 Kg sizes, shipped in containers or barges.
• Poly Bag / Jumbo Bag Packaging Environmental packaging technology for bitumen using two-layer polyethylene/polypropylene bags in 30-40 Kg and 1,000 Kg sizes with melting temperatures of 120°C and 130°C respectively.
• Flexitank Packaging Flexible bladder bag fitted into standard ISO containers for transport and storage of non-regulated liquid bitumen.

Quantifiable outcome

• 500,000 MTPA bitumen production capacity
• +3 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Ten partnerships are on record, tiered core, major and minor.

• PörnercoreTechnology or IntegrationPörner designed and licensed the Biturox® - Bitumen Blowing Unit for production of paving and industrial bitumen grades. This is a critical technology partnership for Wataniya's core bitumen manufacturing operations.
• Honeywell UOPcoreTechnology or IntegrationHoneywell UOP provides licensed technology for oil field operations including Naphtha treating unit and other advanced oil industries.
• Sinoma International Engineering Co.Ltd.coreImplementation/ SI/ Consulting PartnerSinoma was selected as EPC contractor for Saman Cement Plant project. The plant consists of two parallel production lines with capacity of 4,000,000 MTPA.
• Khairat Abar IraqiyacoreStrategic or Co-development PartnerStrategic partnership for multiple investment projects including Saman Cement Plant, Saman Power Plant, and Naphtha Hydrotreating Unit located in Samawah, Iraq.
• SEPCOcoreImplementation/ SI/ Consulting PartnerSEPCO contracted on EPC basis for the Naphtha Hydrotreating Unit project with daily treating capacity of 4,000,000 BPA.
• CGGC-UN Power Co Ltd. (China Gezhouba Group)majorImplementation/ SI/ Consulting PartnerCGGC-UN Power is EPC contractor for the 50 MW captive power plant project in Samawah, Iraq, building the facility for Kairat Abar Iraqya co.
• MAN Diesel & TurbocoreTechnology or IntegrationMAN Diesel & Turbo delivered six MAN 18V32/40 engines including gensets and mechanical equipment for the Saman Power Plant. Engines run on heavy fuel oil (HFO) in base load mode.
• SGSminorOthersInternational inspection organization for quality compliance of bituminous materials.
• GEOCHEMminorOthersInternational inspection organization for quality compliance of bituminous materials.
• Bureau Veritas (BV)minorOthersInternational inspection organization for quality compliance of bituminous materials.

Scale indicators9 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Emirates National Oil Company (ENOC): Dubai-based integrated energy company operating refining, bitumen, lubricants and retail fuel businesses. Comparable as a broader regional incumbent with overlapping bitumen, refined fuels and LPG product lines.
• Puma Energy: Global downstream energy company with bitumen terminals, refineries and fuel distribution across Africa, Middle East and Latin America. Comparable as a broader incumbent active in regional bitumen and refined fuels trading adjacent to Wataniya's markets.
• Kuwait National Petroleum Corporation (KNPC): Kuwait's national refiner producing gasoline, kerosene, LPG and bitumen for domestic and regional markets. Comparable as a regional refining incumbent with bitumen output serving similar infrastructure end markets.
• TÜPRAŞ (Turkish Petroleum Refineries Corporation): Turkey's largest refinery operator producing bitumen, gasoline, LPG and middle distillates. Comparable as a large-scale regional refiner with overlapping product slate, though at materially greater scale than Wataniya.

Direct peers

• Kolmar Group: US-headquartered asphalt and bitumen specialist with global terminals and trading operations. Comparable as a dedicated bitumen player offering penetration and cutback grades under international specifications, mirroring Wataniya's product focus.
• Tipco Asphalt Public Company: Thailand-listed pure-play asphalt and bitumen manufacturer with regional operations. Comparable as a dedicated bitumen specialist offering penetration, viscosity and cutback grades under international standards, similar to Wataniya's core product portfolio.
• GP Global (formerly Gulf Petrochem): UAE-headquartered integrated bitumen and lubricants player with own refineries and bitumen terminals across the Middle East and Africa. Directly comparable to Wataniya as a regional bitumen manufacturer/refiner serving similar construction and infrastructure customers.

Others

• Iraqi Drilling Company (IDC): Iraqi oilfield services and drilling contractor serving the domestic upstream sector. Comparable as an Iraqi industrial peer co-located with Wataniya in the local oil-and-gas ecosystem though not a direct bitumen or refining competitor.
• Sinoma International Engineering: China-based cement industry EPC contractor that built Wataniya's Saman Cement Plant. Comparable as a strategic technology/EPC partner and as an adjacent participant in the Middle East cement value chain.

Regional players

• SOCAR (State Oil Company of Azerbaijan Republic): Azerbaijan's state energy company with refining, bitumen production and regional trading operations serving Middle East, Caucasus and Mediterranean markets. Comparable as a regional refining/bitumen peer operating adjacent to Wataniya's Middle East footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/al-wataniya-group

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

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 Wataniya Group