Funds and ETFs Saudi Aramco Base Oil Company - Luberef

Saudi Aramco Base Oil Company SJSC (Luberef) is a Saudi Arabia-based base oil producer company. The Company is engaged to construct, own and operate refineries of lubricating oils and to purchase, sell, transport, market, import and export lubricating oils, additives, lubricating oil blending stocks, by-products and other related petroleum products. The Company operates in Jeddah and Yanbu region of Saudi Arabia and has an operation in Hamriyah in the United Arab Emirates. For management purposes, the Company is organized as a single business unit aligned with its principal business activity. The Company produces produce 1.3 million metric tons per annum of base oils. The Company offers three categories of base oils: aramcoDURA, which is group 1 base oils, aramcoPRIMA, which is group II and aramcoULTRA, which is group III. The Company exports its products around the world.