We wanted to get to know the Aminol brand, established in Sumgayit Chemical Industry Park that was opened by the decree of President Ilham Aliyev in Azerbaijan, and started exporting to many countries. Emel Kuşku, Alco LLC Production Manager, shared the company’s founding story and future plans with us.
Azerbaijani-origin Aminol oils are becoming more and more prominent in the industry. Let’s hear about Aminol from you.
Our facility is located in the Sumgayit Chemical Industry Park which was established by the decree of President of Azerbaijan Mr. Ilham Aliyev. Since this is a free zone, our company is exempt from income tax and many other taxes for 7 years, and customs duties during import of equipment.
There is a great need for high-quality engine and industrial oils in a period of modernization, transportation and high technology machinery in Azerbaijan. Our facility cooperates with the world’s leading additive and base oil manufacturers to meet the demand. We buy the additives we use in our lubricants from the world’s largest companies such as Lubrizol, Eni, Evonik and Oleon.
Our personnel at the facility received long-term training from German and Italian experts. Thanks to our highly trained and experienced staff, the engineering and equipment production of the factory was carried out by German Fluid Solutions GmbH. Our lubricants are packaged in automatic filling equipment from OCME, one of the best in the world in this field.
What is the production capacity of the plant? Which products are manufactured here?
The annual production capacity of the plant is 30,000 tons. The main products manufactured in our plant are automotive and industrial oils. Industrial oils include oils used in heavy and light industrial machinery, marine oils, hydraulic oils and compressor oils. Our products have international approvals and meet the standards to be used by all car brands.
Which countries do you export your products from this plant? What about your export figures?
We recently started exporting our products from this plant. We currently have an average of 500 tons of exports per month. As of December 2018, we aim to increase this figure to 1000 tons per month.
Our main export markets are European countries, Ukraine, Georgia, Russia, Uzbekistan and Africa. Currently, our main goal is to export a portion of the manufactured goods to Turkey.
Azerbaijan has a significant place in the world in terms of oil production. Does it have any advantage or disadvantage for a lubricant manufacturer in Azerbaijan? To what extent does your geographical position affect your position in the sector?
Of course, being an oil country is a great advantage for the lubricant manufacturer. We are able to manufacture high quality products at affordable prices as a result of mixing some local base oil with imported base oil. Our geographical location is very suitable for exporting to neighboring countries. Especially, recently opened Baku-Tbilisi-Kars railway provides us certain economic advantages and facilitates exports to Turkey.
What are your plans for the future?
We are planning to continue our business in 2 directions. First of all, we will continue our sales with reasonable prices, high quality and delivery of products at the customer’s door. Secondly, the capacity of our facility will be increased, our production in line with the highest standards will continue, and original equipment manufacturer approvals will be obtained.
