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Apar Industries’ arm inks pact with Saudi Aramco Base Oil Company

23 Jun 2026 Evaluate

Apar Industries’ wholly owned subsidiary -- Apar Industries Middle East, KSA, has signed an agreement with Saudi Aramco Base Oil Company-Luberef, for supply of base oils within the lubeHub Value Park in Yanbu. This agreement enables the company to produce its flagship transformer oils, along with a wide range of other specialty oils.

Apar Industries is one among the best-established companies in India, operating in the diverse fields of electrical and metallurgical engineering offering value added products and services in Power Transmission Conductors, Petroleum Speciality Oils, Power & Telecom Cables and House wires.

Peers
Company Name CMP
Waaree Energies 2491.80
Apar Industries 17767.45
Havells India 1095.00
Suzlon Energy 40.78
Siemens 3874.65
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