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Article: Alhamrani-Fuchs sets target.
- Article from:
- Gulf Industry
- Article date:
- June 1, 2008
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(Image: AlHamrani-Fuchs.jpg )
Alhamrani-Fuchs Petroleum has said it is targeting sales of 75,000 tonnes this year, 60 per cent of which will be automotive products and the remainder industrial.
The company produces engine oils for both diesel and gasoline engines, hydraulic and automotive oils, industrial grades and speciality products. During 2007, the company achieved total sales of SR751 million ($200.2 million), of which exports accounted for SR212 million. Export destinations are the GCC region and countries adjoining it and Africa. C[pounds sterling]We are making big efforts to increase our share in the region and we are providing sales, marketing ...