SIECO inks deal to buy sulfur from Luberef

30/01/2018 Argaam

 

Saudi Industrial Export Co. (SIECO) signed on Jan. 30 a contract with Saudi Aramco Base Oil Co. (Luberef) to buy its full production of sulfur for one year, amounting to 37,000 tons, SIECO said in a statement to Tadawul today.

 

The value of the deal was not disclosed.

 

The agreement has no related parties, the statement said, adding that further developments and financial impact will be revealed later.

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