The manufacturing industries are simple operations, and they are done by mixing a group of chemicals that are effective for the products to be produced with the basic material (as a production base) for these products, which is (Base Oil: a hydrocarbon compound with carbon atoms from 18 to 40, and is characterized by a high boiling point ranging between 550 – 1050 degrees Fahrenheit). It is clear to us through the participation of Base Oil in most products in proportions ranging between 65-99% of the chemical composition of these products, depending on the quality and effectiveness of the products to be obtained. Therefore, from the high proportions of Base Oil in the compositions of these products, it is clear that production costs are in line with the global prices of this component! With a thorough understanding of market needs and demand for specific products at specific prices, based on the competition between factories offering high-quality, medium-quality, and popular-quality products, the production process and costs can be controlled. This is achieved by using more than one brand name, in line with market requirements that accommodate all types of products with varying qualities. To establish a distinctive foundation for the facility, it is necessary to operate with at least two brand names. The first should carry the factory’s basic brand name, with a distinctive product quality and an external appearance for the packaging and labels used, distinct and distinct from what is available on the market, with more attractive packaging and labels using a different, unconventional design style. The second brand name, with relatively lower quality and an external design that matches what is available in the local and international market, should be used to increase sales rates for both brand names and two different qualities. ..
The manufacturing industries, including the mineral oils and greases industry, are characterized by simple production and high consumer demand for these products, with their varying qualities and types depending on the product’s specialty. The product’s rapid consumption is due to its connection to the daily life of the consumer (the end user). It also has a direct connection, via sales intermediaries, with the establishment, ensuring continued production and supplying the market with products that consumers trust. This establishes a solid foundation for the brand name, leading it to the ranks of the largest companies and factories operating in the field. This is achieved with a long-term business plan, through which the establishment is developed to achieve the desired goal set by the Board of Directors, with its plans aimed at commercializing the brand name and achieving global recognition in a short period of time.
The manufacturing industries rely on their profit rates based on production capacity, with profit rates for mineral oils and grease products ranging between 20% and 50% of the production cost.