Omnipreneurship Newsletter
Petrolube and Hyundai Sign Strategic Agreement to Advance Saudi Automotive Manufacturing
Petrolube signed a Memorandum of Understanding (MoU) with Hyundai Motor Manufacturing Middle East (HMMME) during the PIF Private Sector Forum, marking a strategic step in strengthening Saudi Arabia’s automotive supply chain.
Under the agreement, Petrolube will supply a full range of operational fluids to Hyundai’s new facility in King Abdullah Economic City (KAEC), showcasing its strong product portfolio and ability to deliver end-toend solutions across the lubricants and fluids value chain.
This partnership supports Petrolube’s growth strategy leveraging its Saudi manufacturing base to expand globally while strengthening partnerships with leading OEMs.