StockWatch
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Other Electrical Equipment
Partnership22 Jun 2026, 04:40 pm

Apar Industries Middle East inks supply deal with Luberef

AI Summary

Apar Industries Middle East Limited, a wholly-owned subsidiary of Apar Industries Ltd, has signed a supply agreement with Saudi Aramco Base Oil Company (Luberef) in Yanbu, Saudi Arabia. This agreement will enable APAR to produce its flagship transformer oils and other specialty oils within Luberef's lubeHub Value Park. The deal supports the strengthening of the downstream industrial ecosystem and enhances local content in Saudi Arabia, marking a strategic partnership for APAR in the region.

Key Highlights

  • Apar Industries Middle East secures supply agreement with Luberef.
  • Deal allows production of transformer and specialty oils in Saudi Arabia.
  • Enhances local content and downstream industrial ecosystem in Yanbu.
  • Strategic partnership for APAR in the Middle Eastern market.