NAICS code 324 - Petroleum and Coal Products Manufacturing

Basic Industry Description for NAICS Code 324

The Petroleum and Coal Products Manufacturing subsector is based on the transformation of crude petroleum and coal into usable products. The dominant process is petroleum refining that involves the separation of crude petroleum into component products through such techniques as cracking and distillation.

In addition, this subsector includes establishments that primarily further process refined petroleum and coal products and produce products, such as asphalt coatings and petroleum lubricating oils. However, establishments that manufacture petrochemicals from refined petroleum are classified in Industry 32511, Petrochemical Manufacturing.

Numbers of Companies in FINTEL Data	174
Numbers of Small or Large Companies	43
Small Companies - in Net Sales less than	$2,134,195
Large Companies - in Net Sales above	$35,818,363

Reliable Industry Metrics for
NAICS Code 324 - just $ 79

Interest Coverage Ratio = 9.00

Our Report Content

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