ULC was incorporated in 2015 as a subsidiary of the Asyad Holding Group, and specializes in the marketing of a wide range of lubricants to consumers and industrial firms. In the same year, ULC signed an agreement with PETRONAS for the exclusive distributorship of its lubricants in Saudi Arabia, and commenced operations in 2016. The distributorship agreement was an extension of the strong partnership formed between PETRONAS and Asyad in 2012, when they joined in creating United Fuel Company LLC, which provides aviation-fuelling services at airports in Saudi Arabia. ULC seeks to build on PETRONAS/PLI’s legacy in lubricants technology, a fundamental differentiator which drives sustainable growth by delivering innovative products that meet both retailers and end consumers’ needs.