Saudi Aramco Base Oil Company-Luberef
Andrew Katz is an accomplished executive currently serving as Vice President of Downstream Growth and Development at Saudi Aramco since August 2015, where oversight includes the origination and execution of acquisitions and partnerships within the global Downstream operations. Prior roles in Saudi Aramco include leading the Downstream Business Development and the Capital Markets & Financing Department, where significant responsibilities encompassed managing debt portfolios and executing high-stakes transactions, including a $69.1 billion acquisition of SABIC. Additionally, Katz holds positions on various boards, including the Saudi Aramco Base Oil Company-Luberef and Huajin Aramco Petrochemical Company. Prior experience includes senior roles at Standard Chartered Bank, Benmore Advisors, Merrill Lynch, Deutsche Bank, Salomon Smith Barney, and AB Bernstein, with educational credentials comprising an MBA from NYU Stern and a BE in Chemical Engineering from Stevens Institute of Technology.
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Saudi Aramco Base Oil Company-Luberef
Luberef keeps the world in motion. Established in 1976, Saudi Aramco Base Oil Company - Luberef is one of the world’s leading suppliers of high-quality base oils and the only virgin base oil producer in the Kingdom of Saudi Arabia. From our two facilities, strategically located on the maritime Silk Road in Yanbu and Jeddah, we have a combined capacity to produce 1.3 million metric tonnes per annum of base oils. From light vehicles such as passenger cars, to more heavy goods vehicles such as buses and earth movers, base oils are used in a wide range of applications and help to power functions such as gear oils and transmission fluids. Our products not only help power vehicles but are an important component for all types of machinery. Base oils are critical across multiple industries, where hydraulic, turbine and transmission fluids are required for production and manufacturing machinery such as in the steel industry, food production, textiles and clothing. We offer three categories of base oils: aramcoDURA (Group I base oils), aramcoPRIMA (Group II) and aramcoULTRA (Group III). We also produce various by-products. As an integral part of so many industries, our products impact millions of lives around the world.