EBITDA
2,511 SAR Mn
(2021:2,096 SAR mn)
(Managed / leased by Luberef)
(Managed / leased by Luberef)
(Managed by strategic partner)
(Managed by strategic partner)
Located in Proximity
to Key End Markets
Jeddah Facility
275,000 MT
Annual
Production Capacity
Yanbu Facility
1,070,000 MT
Annual
Production Capacity
Luberef's Total Production
+ 1.3million
MT
(Managed / leased by Luberef)
(Managed / leased by Luberef)
(Managed by strategic partner)
(Managed by strategic partner)
Located in Proximity
to Key End Markets
Our efforts yielded a strong operating performance with base oil volume growth, which contributed to outstanding financial performance.
Our efforts yielded a strong operating performance with base oil volume growth, which contributed to outstanding financial performance.
We continued to focus on our core strengths which led to us being the dominant base oil supplier in the region.
Total Recordable Incident Rate
Zero
Incidents
We maintain a strong focus on the safety of our operations with our safety management system which has been in place for more than
10 years
Luberef creates value for shareholders, Luberef
cares for the wellbeing of society and takes pride
in our corporate social responsibility programs
which focus on supporting local communities
Luberef creates value for shareholders, Luberef cares for the wellbeing of society and takes pride in our corporate social responsibility programs which focus on supporting local communities
Luberef is a well-established and profitable company with a strong market position
Declared Dividend
SAR 840 Mn
5.0 SAR per share
Base Oil Production
439 SAR/Mt
Unit Cost
* Byproducts Volumes include White Products
** It refers to the sales made by Aramco Base Oil Alliance members (S-oil
and Motiva)
in the Company's Zone and it includes minimal alliance Group I sales
Total Recordable incident-rate (TRIR)
Zero incidents
Flaring reduction
70%
All figures in SAR
Total Recordable incident-rate (TRIR)
Zero incidents
Flaring reduction
70%
With our cost leadership and advantaged value
chain position, we will leverage our position to
maximize our value capture.
With our cost leadership and advantaged value chain position, we will leverage our position to maximize our value capture.
Our volume growth of 6% in 2022 has ensured we have fully captured the benefits resulting from the overall healthy crack margin environment
Net Income and Free Cash Flow
SAR 1978 Mn
Revenues
SAR 10,614 Mn
As part of Luberef’s sustainability efforts, Luberef strives to meet industry standards and is certified for the ISO 14001:2015 Environmental Management Systems, and ISO 50001:2018 Standard for Energy Management Systems.
The testing laboratories at both Yanbu and Jeddah facilities are accredited by the American Association for Laboratory Accreditation (A2LA) for technical compliance in chemical testing (ISO/IEC 17025:2017).
Luberef acknowledges its responsibility in helping achieve this goal, and is committed to playing its part in addressing climate change. Luberef will continue to monitor and report on its progress going forward to reduce its impact on the environment.
The other key highlights
are as follows:
Programmes on workers’ safety
such as E-Learning, Safety
Orientation and Training Plan
Regular investment in employee
training and development
related initiatives
Other monetary and
non-monetary support for
educational activities such as
Certification fee reimbursement
and Exam leave