Petroleum Specialties Pte. Ltd., the Singapore-based specialised oil trading subsidiary of diversified conglomerate Apar Industries Limited, has opened a new manufacturing operation in Sharjah’s Hamriyah Free Zone. The group’s first fully-owned factory outside of India, the new US$18 million (AED 66m) Petroleum Specialities (FZE) unit will manufacture industrial white oils. The term ‘Industrial white oils’ typically refers to pure petroleum ...
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