VOL. XXXIX

No. 11

11-December-1995

SAUDI ARABIA

OK Petroleum And Hydro Texaco Form Scandinavian Lube Oil Company

Saudi-owned OK Petroleum AB of Sweden has joined with Hydro Texaco Holdings A/S to form the largest lubricating oil plant in Scandinavia, which will be located at a refinery in Gothenborg, Sweden, previously wholly-owned by OK Petroleum. The company is called Scanlube and it will supply Scandinavia and the Baltic states with 50,000 tons/year of lubricating oils. Plans call...