Al-Hamrani Fox Petroleum Company controls 30 percent of the Saudi lubricant oil market

Published March 11th, 2002 - 02:00 GMT
Al Bawaba
Al Bawaba

The Vice President of the Saudi Al-Hamrani Fox Petroleum Company, Muzahem Basrawy, said that Al-Hamrani Fox Petroleum Limited Company controls 30 percent of the lubricant oil market in the Kingdom, reported Al-Hayat . Market sources estimate lubricant oil sales in the Kingdom at 400,000 metric tons per annum. The company produces 125,000 metric tons of lubricant oils per annum at its plant in the Yanbu Industrial Estate. — (menareport.com) 

 

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