Saudi Arabia

Luberef Plans IPO; Will Make Group III
Luberef’s base oil plant in Yanbu’ al Bahr, Saudi Arabia. © Luberef

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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...

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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 ...