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Lubetech seals deal with car maker

Malaysian lubes producer, LubeTech, has signed a major supply deal with the country's car maker.

Perodua Wolfrace

Perodua's Myvi Wolfrace concept Image: Perodua

LubeTech will provide non-motor oil lubricants and additives to Perodua in a deal with a potential $19.5m over five years.  The contract will see LubeTech supplying a variety of products, including transmission and brake fluids and radiator coolant to the car maker's distribution and after-sales division - Perodua Sales.

Earlier this year, Perodua inked a deal with Malaysia's oil producer, Petrona, to supply motor oil under the Perodua Genuine Oil banner. Just one month later, Perodua turned to LubeTech to become a sub-supplier, before formalising the long-term arrangement at the end of September.  In that time, LubeTech has already provided around half a million litres of products to Perodua with a value of RM4m ($1.3m).

Tags: Asia, automotive industry, Corporate News, Lubricants

Published 9th October, 2012

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