‘Saudi Arabia is shaping the base oils and lubricants landscape’ – Luberef CEO Samer Al Hokail
At the 19[th] ICIS Middle East Base Oils and Lubricants conference, Samer Al Hokail, President and CEO of Luberef, gave a presentation on Base oils and lubricants development in the Middle East: Driving growth in the region and the global market.He opened with a quick overview of where the industry currently stood. “There are a number of geopolitical issues currently, as well as the fed cutting interest rates, so it is becoming a little more demanding in terms of supply and outlook. But we have bounced back since Covid, and the global outlook with regards to demand for lubricants is