APAR Industries Limited has announced that its wholly owned subsidiary, APAR Industries Middle East Limited, Kingdom of Saudi Arabia (KSA), has signed a base oil supply agreement with Saudi Aramco Base Oil Company (Luberef) at the LubeHub Value Park in Yanbu, Saudi Arabia.
The agreement is aimed at strengthening the downstream industrial ecosystem and enhancing local content within the Kingdom. Under the arrangement, Luberef will supply base oils to APAR Industries Middle East Limited, enabling the company to manufacture its flagship transformer oils as well as a broad portfolio of specialty oils at the Yanbu Lubricants Value Park.
The collaboration marks a strategic step in expanding local manufacturing capabilities and supporting the development of Saudi Arabia’s lubricants and specialty oils sector. By leveraging Luberef’s base oil supply infrastructure, APAR will be able to establish production operations that cater to growing regional demand for transformer and specialty oil products.
Luberef highlighted that the partnership aligns with its objective of driving downstream growth while contributing to the Kingdom’s local content development initiatives. The agreement also reinforces efforts to build a stronger industrial value chain within Saudi Arabia’s energy and petrochemicals ecosystem.
APAR Industries is a leading manufacturer of conductors, transformer and specialty oils, and power and telecom cables. The company has a strong global presence spanning more than 140 countries and operates manufacturing facilities in India and the UAE.
Serving the power transmission, distribution, and telecommunications sectors, APAR Industries has evolved over the years from a power conductor manufacturer into a diversified electrical and energy solutions company. Its operations are organized across three key business segments: Conductors, Transformer and Specialty Oils (TSO), and Power and Telecom Cables.
