Varo Energy has completed the Preem acquisition, marking the successful delivery of Varo Energy’s 2022 One Varo Transformation strategy.  (Source: Pixabay)
Business Strategy

Varo Energy Successfully Completes Acquisition of Preem

Varo Energy has delivered its 2022 One Varo Transformation strategy ahead of schedule by successfully acquiring Preem. This move has led to the establishment of Varopreem which is now one of Europe’s most significant energy companies, combining deep industrial capabilities with global trading reach to serve mobility and industrial customers.

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Organized by Dechema in strategic partnership with Messe Frankfurt and supported by the Saudi Ministry of Industry and Mineral Resources, the launch event brought together senior figures from government, business, and the global scientific community to unveil the upcoming Achema Middle East 2026 event.  (Source: Messe Frankfurt)
Trade Show

Achema Middle East Launched in Saudi Arabia

On September 18, 2025, Achema Middle East was officially launched in Riyadh, Saudi Arabia at an executive-level ceremony. Expected to take place from October 26–28, 2026 at the Riyadh International Convention and Exhibition Center, the show is being held in the Middle East region for the very first time.

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