Global Supplier of Glycols, Brake Fluids & Base Oils | Millennium Refinery

What Global Supplier of Glycols, Brake Fluids & Base Oils | Millennium Refinery does

Millennium Lubricant Refinery LLC is a private UAE industrial refiner founded in 2013 and operating under Millennium Group from Ras Al Khaimah. It manufactures glycols including MEG, DEG, TEG, MPG, DPG, and TPG; recycled base oils including SN150, SN300, and SN500; and DOT 3 and DOT 4 brake fluids. Its reported production capability exceeds 300 MT/day and annual capacity exceeds 16,000 m³. Core technology includes re-refining used lubricants into Group II base oils at a reported 72 MTPD, together with in-house physical, chemical, and performance testing and batch-level technical documentation.

Name

Global Supplier of Glycols, Brake Fluids & Base Oils | Millennium Refinery

Legal name

Millennium Lubricant Refinery LLC

Website

https://millenniumrefinery.com

Company type

Private

Founded year

2013

Operating status

Operating

Short description

Millennium Refinery is a private UAE-based industrial refiner producing glycols, Group II recycled base oils, and certified brake fluids for lubricant, automotive-chemical, resin, oil-and-gas, trading, and industrial buyers through bulk export sales.

Ownership category

akta.pro rank

Product category

Industrial Chemicals (Glycols, Base Oils, and Brake Fluids)

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191), Petrochemical Manufacturing (325110), Petroleum Refineries (32411)

SIC

Petroleum Refining (2911), Industrial Organic Chemicals (2860), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Commodity Monomers & Feedstocks (e.g., Methanol, Ethylene Oxide) (IMAEAAAD)

akta.pro secondary industry

Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives) (EUALAGAJ)

Keywords

• Industrial glycols supply
• Recycled base oils
• Brake fluid manufacturing
• Chemical refining
• Lubricant intermediates

Headquarters

HQ city

Ras Al Khaimah

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Industrial Chemical Product Sales: Sale of glycols (MEG, DEG, TEG, MPG, DPG, TPG), recycled base oils (SN150, SN300, SN500), and brake fluids (DOT 3, DOT 4) to industrial customers globally. Revenue generated through bulk and packaged product sales with flexible MOQs starting from 20 MT, offering FOB, CIF, and ex-works pricing terms.
2. Private Label / OEM Supply: Supply of brake fluids under private label or bulk supply arrangements for automotive chemical manufacturers and distributors

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Millennium Refinery is an industrial chemical manufacturer producing ethylene and propylene glycols (MEG, DEG, TEG, MPG, DPG, TPG), recycled Group II base oils (RC SN150, RC SN300, RC SN500), and DOT 3/DOT 4 brake fluids for global B2B customers. Products are sold in bulk (minimum 20 MT) or packaged formats (drums, IBC, flexi tank, ISO tank) to lubricant blenders, brake fluid formulators, resin producers, oil & gas operators, and chemical traders under FOB, CIF, and ex-works terms.

Product overview

Millennium Refinery operates as a specialized chemical manufacturing facility producing three core product categories: (1) Glycols including MEG, DEG, TEG, MPG, DPG, and TPG for industrial applications such as polyester production, antifreeze, gas dehydration, and chemical synthesis; (2) Recycled Base Oils including RC SN150, RC SN300, RC SN500, Process Lube Oil, and WFE Residue for lubricant blending and industrial use; and (3) Brake Fluids including DOT 3 and DOT 4 meeting international automotive safety standards. The company positions itself as a sustainable alternative by using upcycled and used lubricants as source material for its base oil products. Annual capacity exceeds 16,000 m³ with 300+ MT/day production capability, serving 15+ export markets across Middle East, Africa, Europe, South Asia, and Southeast Asia.

Differentiator

Problem solved

Functional benefit

Products and services

• Monoethylene Glycol (MEG) Clear, colorless, odorless industrial-grade glycol (99.5% minimum purity) used primarily in polyester fiber and resin manufacturing, antifreeze and coolant formulations, and as an industrial coolant. Sold in bulk to resin producers, lubricant manufacturers, and industrial buyers.
• Diethylene Glycol (DEG) Versatile chemical intermediate used in unsaturated polyester resin production, solvents, and plasticizers. Offers excellent hygroscopic properties for various industrial applications, supplied in bulk to resin and chemical manufacturers.
• Triethylene Glycol (TEG) Industrial glycol used primarily for natural gas dehydration and as a solvent in industrial processes, valued for excellent water absorption properties. Supplied to natural gas producers, LNG operators, and midstream oil & gas companies.
• Mono Propylene Glycol (MPG) Food-grade, pharmaceutical-grade glycol used in food processing, pharmaceuticals, cosmetics, and as a heat transfer fluid. Non-toxic and safe for sensitive applications, supplied to consumer goods and industrial buyers.
• Di Propylene Glycol (DPG) Versatile solvent used in fragrances, cosmetics, and polyurethane resin production, offering excellent solvency properties and low toxicity for personal care and industrial applications.
• Tri Propylene Glycol (TPG) Industrial glycol used in production of plasticizers and synthetic lubricants, providing excellent thermal stability and low volatility for demanding industrial applications.
• RC SN150 Recycled Base Oil High-quality recycled Group II base oil (30–32 cSt at 40°C) used as a blending component in lighter-viscosity finished lubricants, suitable for lubricant manufacturers and industrial blending operations.
• RC SN300 Recycled Base Oil Medium viscosity recycled Group II base oil (60–65 cSt at 40°C) ideal for hydraulic and gear oil formulations, offering excellent oxidation stability and load-carrying capacity.
• RC SN500 Recycled Base Oil High-viscosity recycled Group II base oil (105–110 cSt at 40°C) designed for heavy-duty lubricant applications, providing superior film strength and thermal stability for extreme operating conditions.
• Process Lube Oil (MRL-PLO) Industrial-grade oil designed for process and lubricant-related applications requiring controlled viscosity, thermal stability, and consistent product characteristics.
• WFE Residue / Furnace Oil (MRL-WFE-R) Heavy, viscous refinery-derived product with high flash point (350–400°C) intended for suitable industrial fuel and furnace applications.
• DOT 3 Brake Fluid Glycol-based hydraulic brake fluid for automotive braking systems (dry boiling point 205°C, wet boiling point 140°C), suitable for passenger cars, light commercial vehicles, and motorcycles. Meets FMVSS 116 / SAE J1703 standards with annual testing for ongoing compliance.
• DOT 4 Brake Fluid High-performance glycol-based hydraulic brake fluid with borate ester compounds (dry boiling point 230°C, wet boiling point 155°C), designed for modern vehicles with ABS and ESP systems. Available for private label/OEM supply and bulk distribution.

Quantifiable outcome

• 80% waste reduction through recycling program
• +3 more outcomes

Segments6 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered minor and core.

• International Lubricants Standardization and Approval Committee (ILSAC)minorOthersCompany is a member of ILSAC, participating in industry organization for lubricant standardization and approval requirements.
• European Chemicals Agency (ECHA)coreOthersRegistered with ECHA for REACH compliance, enabling legal export of chemical products to European markets with proper registration and documentation.
• American Petroleum Institute (API)minorOthersCompany is a member of API, participating in petroleum industry standards and advocacy organization.
• UAE Ministry of Climate Change and EnvironmentcoreOthersApproved supplier certified by the UAE Ministry of Climate Change and Environment, meeting national regulatory requirements for chemical manufacturing and export.

Scale indicators9 records

Recent moves5 records

Expansion highlights4 records

Direct peers

• Gandhar Oil Refinery: India-based manufacturer of white oils, petroleum jelly, and specialty lubricant base oils from a single refining facility. Comparable as a similarly-sized independent specialty refiner producing industrial lubricant feedstocks and value-added petroleum derivatives for export markets.
• India Glycols Limited: Indian manufacturer of MEG, DEG, TEG, and other glycol ethers along with specialty chemicals and bio-fuels. Directly comparable as a standalone glycols producer serving polyester, antifreeze, and industrial customers globally.
• Eastern Petroleum: India-based manufacturer of industrial lubricants, metalworking fluids, and specialty base oils. Comparable as an independent mid-sized specialty lubricant refiner targeting global B2B customers across similar export geographies.
• Panoli Intermediates: Indian manufacturer of glycols, glycol ethers, and chemical intermediates for pharmaceutical, cosmetic, and industrial applications. Directly comparable as a manufacturer of MEG/DEG/TEG-class glycols serving similar resin, brake fluid, and industrial customer segments.
• Tide Water Oil: India-based lubricant manufacturer (Veedol brand) producing engine oils, industrial lubricants, and greases from base oils. Comparable as an independent blender/formulator that depends on similar base oil feedstocks and serves comparable industrial B2B customers.

Regional players

• ENOC (Emirates National Oil Company): UAE-based integrated energy company with lubricants, base oils, and specialty fluids operations. Comparable as a same-region competitor producing lubricants and base oils for Middle East and export markets, with stronger downstream brand presence.

Broad incumbents

• SABIC: Saudi Arabia-based global petrochemical major including MEG, DEG, and other glycols produced from captive ethylene. Comparable as a large-scale incumbent in the same commodity glycol space, with structural cost advantages from integrated olefins production.
• BASF: Global chemicals giant producing ethylene glycols, propylene glycols, base oil intermediates, and automotive fluids. Comparable as a broad incumbent operating across all of Millennium's product categories (glycols, base stocks, brake fluid additives) with REACH-compliant European reach.
• Fuchs Petrolub: Germany-based global specialty lubricants manufacturer sourcing base stocks and glycol intermediates. Comparable as a large downstream buyer of similar feedstocks (base oils, glycols) and a competitor in finished lubricant segments where Millennium could expand.
• Valvoline: U.S.-based global lubricants and base oil company (now largely retail-focused post-sale of global products business to Aramco). Comparable as a major lubricant brand and finished-product manufacturer that competes for the same base oil and glycol feedstock procurement relationships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 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 Global Supplier of Glycols, Brake Fluids & Base Oils | Millennium Refinery