Luberef is one of the largest producers of Group I and II base oils globally. It also produces various byproducts, including asphalt, marine heavy fuel oil, slack wax, extract, and sulfur. It has two ...

At the end of 2022, the company listed 30% of its shares on the Saudi Stock Exchange in an IPO. Saudi Aramco owns 70% of Luberef’s shares. In February 2023, Luberef signed a $148 million EPC contract ...