PETROMIN CELEBRATES WITH ITS PARTNERS

Jeddah, January 2010: Petromin the leading lubricant oil company in the Kingdom of Saudi Arabia, celebrated the launch of its new identity with its partners -distributes of Petromin’s products- in a special celebration. Various distributers and government officials attended the special occasion, where they witnessed the unveiling of the company’s new logo, in a special atmosphere at the Four Seasons Hotel in Riyadh.

This celebration along with the new logo and identity are part of Petromin’s new strategic plans in the next period. Petromin has also announced additional investments in the Saudi market, as well as developing programs in the field of client servicing, and the pursuit of maintain and strengthening its leadership in producing lubricant oils in the Saudi market. 

Mr. Samir Nawar, CEO of Petromin Corporation, gave a speech during the occasion where he thanked all the partners for their commitment and contribution in the success of Petromin, and their aggressive encouragement to achieve more success in the next period. Mr. Nawar commented on the new logo and identity by stating “Today, we find ourselves with you at the beginning of our new stage, which focuses on change. Some of you might ask: why change? And our answer is that we are adopting change to renew our commitment, improve our products, developing our existence in the market, and strengthening our marketing and advertisement abilities. Thus, we have set up all standards to live with the world we live in today, and to meet our client’s expectation.”

Petromin’s activities have a positive impact on the Saudi Arabia’s labor market and the new factory has already and will further provide jobs for highly-skilled people in the region. The company's new corporate identity which reflects the new energetic spirit of Petromin is part of its all new business strategy to maintain and further enhance its capabilities to develop new world class products for the Saudi and regional market.