Established in 1997, AMOC is a second-stage refinery, operating two complexes in Alexandria. It produced 1.23 million tons of gas oil, naphtha, LPG, and fuel oil and 177,000 tons of oil and wax during the fiscal year 2023/24. The company owns 86.45% of the Alexandria Wax Products Company. AMOC’s sales increased by 39.5% in 2023/24. The Alexandria Petroleum Company is AMOC’s largest shareholder, with a 20.8% stake as of March 2025.