Saudi Arabia

Luberef Expansion Will Add 230,000 T/y
A view of the Luberef refinery in Yanbu, Saudi Arabia. Photo courtesy of Luberef

Luberef Expansion Will Add 230,000 T/y

Lube Report EMEA - February 28, 2023

Luberef said Sunday that a previously announced expansion of its base oil plant in Yanbu’ al Bahr, Saudi Arabia, will ...

Aramco Subsidiary Absorbs Motiva Trading

Aramco Subsidiary Absorbs Motiva Trading

Lube Report Americas - January 25, 2023

Saudi Aramco announced Jan. 18 that Houston-based Aramco Trading Americas LLC will be the sole supplier and “offtaker ...

Additive

Petromin Reportedly Prepares IPO

Lube Report EMEA - January 17, 2023

Saudi Arabian lubricants blender Petromin plans to raise up to $1 billion via an initial public offering, Bloomberg repo ...

Additive

Luberef Completes Stock Offer

Lube Report EMEA - December 27, 2022

Luberef said last week that it attracted strong interest to its initial public stock offering, as the retail portion of ...

Dussur Buys Stake in Italmatch

Dussur Buys Stake in Italmatch

Lube Report EMEA - December 13, 2022

Saudi investment firm Dussur has agreed to buy a minority stake in Italmatch Chemicals, a growing Italy-based company th ...

Luberef Plans IPO; Will Make Group III

Luberef Plans IPO; Will Make Group III

Lube Report EMEA - November 29, 2022

Luberef on Sunday announced plans for an initial public stock offering – which analysts estimated could raise U.S. $1 ...

Lubref Recruits Producers for LubeHub

Lubref Recruits Producers for LubeHub

Lube Report EMEA - November 22, 2022

Luberef signed memorandums of understanding with several companies this month, agreeing to explore the possibility of co ...

Additive

Aramco Eyes Valvoline Unit

Lube Report EMEA - May 31, 2022

Saudi Aramco, the world’s largest oil company, has approached Valvoline, one of the world’s largest independent lubr ...

Additive

IPO Considered for Luberef

Lube Report EMEA - April 5, 2022

Luberef, a base oil joint venture of Saudi Aramco, is considering an initial public stock offering that would aim to rai ...

Aramco Enters Lubricants Business

Aramco Enters Lubricants Business

Lube Report EMEA - December 7, 2021

The world’s largest crude oil supplier and one of the largest owners of base oil assets is getting back into the finis ...

Additive

Dorf Ketal, TriBonds Form Saudi JV

Lube Report EMEA - September 21, 2021

Dorf Ketal Chemicals and TriBonds Chemical Co. announced today the formation of a joint venture that will manufacture lu ...

Additive

Saudis Form Lubes Business Group

Lube Report EMEA - June 29, 2021

Saudi Arabia’s main business association formed a committee this month to promote reforms for the nation’s finished ...

Fuchs Adds JV In Egypt

Fuchs Adds JV In Egypt

Lube Report EMEA - March 16, 2021

German independent lubricants blender Fuchs Petrolub SE announced on March 12 a joint venture in Egypt with longtime par ...

Luberef Touts Plan for Lubes Hub

Luberef Touts Plan for Lubes Hub

Lube Report EMEA - February 23, 2021

Luberef launched an initiative to encourage lubricant blenders to locate at a site adjacent to its base oil plant in Yan ...

Colonial Breaks Ground in Saudi Arabia

Colonial Breaks Ground in Saudi Arabia

Lube Report EMEA - February 9, 2021

A joint venture of United States-based Colonial Chemical Inc. announced on Jan. 20 that it broke ground on a specialty c ...

Additive

Rebound Forecast for Africa, Middle East

Lube Report EMEA - November 15, 2020

Although COVID-19 impacted the economies of Africa and the Middle East in three key ways – the cost of coping with the ...

Additive

PIB Plant Planned in Saudi Arabia

Lube Report EMEA - February 5, 2019

South Korea's Daelim Industrial will build an 80,000 tons per year polyisobutene plant in Jubail, Saudi Arabia, that is ...