Pak HY Oils Limited (PHOL) was established in 1974 in the public sector as an ancillary unit of national refinery limited by PERAC government of Pakistan to produce value-added downstream products of oil refining, like specialty Asphalts, polymer modified Asphalts, Bituminous Water Proofing membrane, Oils, and Lubricants.
Since acquiring Pak Hy Oils Limited from the Government, The company has seen formidable growth which is visible from its assets base which has increased from PKR 92 million in 1996 to PKR 500 million in 2016 and Capital reverses has grown from PKR 20 million in 1996 to PKR 100 million in 2016.
The management believe in diversification and keeping them self-up to new technologies and base on the methodologies since the acquisition, Pak Hy - oils always thought to diversified into different related fields and we have also diversified into Molecular Distillation plant in Oil field, value added Lubricants, Bituminous membrane plant, various joint sealing compound by prime coat & Tack coat.
Pak Hy Oils enjoys overall 2% of the lubricants industry of 3,080,000 M/tons of annual market share.
Pak Hy Oils markets its lubricants under the brand of “Black Tiger”
PHOL is in discussions to collaborate with renowned foreign brand to caters its Pakistan market needs.
PHOL provides blending services to following renowned company in Pakistan such as
To be the market leader in lubricants, asphalts, and water proofing membrane industry by providing consistent quality products and contribute for betterment of the economy.
To be recognized as a manufacturing unit, meeting and exceeding customer expectations through continues improvement by a professional and committed team.