Luberef is one of the largest base oils producers in the world. The Company products are sold in the Kingdom and in other countries across the MENA region the Americas and Europe. The Company produces various Group I Base Oils and Group II Base Oils, and also produces various Byproducts such as asphalt marine heavy fuel oil MHFO slack wax bright stock extract and sulfur as well as White Products such as ultra low sulfur diesel ULSD naphtha and drilling fluid.
Company History
A Saudi joint stock company registered under commercial registration no. 4030010447 dated 03/09/1396H (corresponding to 29/08/1976G) in Jeddah and was converted into a joint stock company pursuant to resolution no. (1173) dated 20/01/1444H (corresponding to 18/08/2022G) issued by the Ministry of Commerce.
Company Bylaws
Equity Profile
- Authorized Capital (^)1,687,500,000
- Issued Shares168,750,000
- Paid Capital (^)1,687,500,000
- Par Value/Share10
- Paid Up Value/Share10
Last Update :2022-12-28
Investment limits
There are no investment limits on the company’s shares as per the amended Rules for Qualified Foreign Financial Institutions Investment in Listed Securities and Instructions for the Foreign Strategic Investors Ownership in Listed Companies based on Company’s bylaw and the issued Instructions by related regulators and supervisory authorities
- Company Details
- BOARD OF DIRECTORS AND SENIOR EXECUTIVES INFORMATION
- Date Established1976/06/19
- Financial Year End31/12
- Listing Date2022/12/28
- External Auditors[PricewaterhouseCoopers Certified Public Accountants]
- ISIN CODESA15M1HH2NH5
- Number of Employees630
Investor Relations
Contact Name:
Investors Relation
Company Address:
7168 Al Minaa, 3072 Petromin Dist., P.O. box 5518, Postal Code 22411, Jeddah, Kingdom of Saudi Arabia
Contact Details:
Telephone: 920003550
Fax : 0122685250
Email : [email protected]
