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Luberef signs MOU with APAR Industries Limited
Saudi Aramco Base Oil Company - Luberef has signed a Memorandum of Understanding with APAR Industries Limited, one of the key global industrial players with a presence in more than 125 countries.
APAR Industries current operates four production plants and this MOU will explore building a transformer oil/ white oil plant at LubeHUB, supporting localization of specialty products in KSA.
LubeHub is a value park located at Yanbu that will provide partners with access to the world-class Yanbu Ecosystem.