Top 10 Lubricant Companies in Saudi Arabia | Largest Manufacturers of Lubricants
Marcopolis.net has compiled the ranking of the top lubricant companies in Saudi Arabia. View the list of the largest motor lubricant, specialty lubricant and industrial lubricant manufacturers in Saudi Arabia. The largest companies are companies are Petromin, followed by Shell and Fuchs.
Top Lubricant Manufacturers in Saudi Arabia
Saudi Arabia’s Largest Lubricants Companies
Marcopolis.net has compiled the ranking of the top lubricant companies in Saudi Arabia. View the list of the largest motor lubricant, specialty lubricant and industrial lubricant companies. The largest companies are companies are Petromin, followed by Shell and Fuchs, one of the highest quality lubricant producers in Saudi Arabia.
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Alhamrani-Fuchs Petroleum Saudi Arabia has established itself as one of Saudi Arabia’s leading lubricant companies. It is the largest independent producer of lubricants in the region and is recognized for its innovative and technically superior lubricants and other related specialty products. Alhamrani-Fuchs Petroleum Saudi Arabia has always been at the forefront of the lubricants market and continues to set the standards for its competitors.
By 2008 it reached production heights of 154,000 MT and became the first plant in the region to get OHSAS 18001, and the first to obtain ISO 9001 and ISO 14001. Today, Fuchs Yanbu plant supplies over 30 countries across the globe. A state-of-the-art blending & grease plant which is currently in the midst of capacity expansion to reach 200,000 metric tons/year once automation and facility upgrade is completed by the end of 2015. Founded in 1931, the FUCHS GROUP has grown to become the largest independent manufacturer of specialty lubricants in the world.
The global lubricants market is estimated to be worth of $140.5 billion in 2013 and is projected to reach $162.3 billion by 2019 and is growing with a CAGR of 2.5% between 2014 and 2019. Saudi Arabia is the largest lubricants market in the GCC. The annual use of lubricants stands at around 420,000 metric tonnes. The growth of the lubricant sector is 3.2% per annum. In 2010 the total use of lubricants in Saudi Arabia stood at 300,000 metric tonnes. With 8 million cars, Saudi Arabia will continue to grow the usage of lubricants.
The sector is dominated by 5 major international ocmpanies such as Petromin, Shell, Fuchs, Castrol and Mobil.
The List of Top Lubricant Companies in Saudi Arabia
| Rank | Company | Country | Industry | Market Share | Description |
|---|---|---|---|---|---|
| 1 | Saudi Arabia | Lubricants – Petrochemicals | 40% | Petromin Corporation produces over 150 different products, is the market leader in the Kingdom of Saudi Arabia, exports to over 35 countries in the GCC, Middle East, Africa and Asia. Petromin Corporation currently employs 1900+ employees representing more than 20 nationalities. The company produces 150,000 MT annually and enjoys more than 40% market share in Saudi Arabia. Since 2008, the company is now simply called Petromin Corporation, a subsidiary of Al-Dabbagh Group. | |
| 2 | Saudi Arabia | Lubricants – Petrochemicals | 20-30% (Estimate) | Aljomaih and Shell Lubricating Oil Company Limited is a joint venture between Aljomaih Holding Company and Shell. The company blends, markets and sells Shell lubricants in the assigned boundaries of the Kingdom of Saudi Arabia. The company has a state-of-the-art Lube Oil Blending Plant that is situated in Riyadh. The plant has the capability to produce the world class Shell lubricants. | |
| 3 | Saudi Arabia | Lubricants – Petrochemicals | 16% | Alhamrani-Fuchs Petroleum Saudi Arabia has established itself as one of Saudi Arabia’s leading lubricant companies. It is the largest independent producer of lubricants in the region and is recognized for its innovative and technically superior lubricants and other related specialty products. Alhamrani-Fuchs Petroleum Saudi Arabia has always been at the forefront of the lubricants market and continues to set the standards for its competitors. A state-of-the-art blending & grease plant which is currently in the midst of capacity expansion to reach 200,000 metric tons/year once automation and facility upgrade is completed by the end of 2015. Founded in 1931, the FUCHS GROUP has grown to become the largest independent manufacturer of specialty lubricants in the world. | |
| 4 | Saudi Arabia | Lubricants – Petrochemicals | N/A | Alkhorayef Lubricants has exclusive rights to distribute Castrol oils and lubricants within Saudi Arabia. Castrol is the world leader in advanced and specialist lubricants for engines and machines, and our partnership with the brand dates back to 1991. | |
| 5 | Saudi Arabia | Lubricants – Petrochemicals | N/A | APSCO– LOBP built in 1997 at Jeddah Industrial city phase V at total area of 41,000 M2 to produce different type of lubrication oil with total capacity of 55,000 MT per shift per year in different packages type and size, and has additional warehousing facilities in Jeddah, Riyadh and Dammam. The company is part of Haji Abdullah Alireza & Co., Ltd. |