x close

We use cookies to improve our site and your experience. By continuing to browse on this website you accept the use of cookies.

Bookmark and Share

Repsol signs Asian lubes deal

Spanish oil producer Repsol has signed a five-year distribution deal with Malaysia's UMW.

Repsol LogoThe contract, for 20,000 tons of car, motorcyle and industrial lubricants annually, will take Repsol into Malaysia and China and will, by the end of the contract, equate to one quarter of all Spanish lubes sales.

The alliance with the Malaysian conglomerate will also allow the Spanish lubes maker to grow into other Asian markets where UMW has a presence including Singapore, Brunei, Papua New Guinea and Myanmar.

UMW Holdings Bhd president and CEO, Datuk Syed Hisham Syed Wazir likened the new partnership to the first year of a marriage, where "each partner gets to know one another better so that we can, together, weather any challenges we may face in the future."

Tags: Asia, China, Corporate News, Lubricants, Repsol

Published 20th December, 2010


Looking for more information about OATS products and services?

FREE lubes bulletin

Subscribe to the OATS Bulletin: a streamlined look at the month's lubricants and additives news.

First name
Last name

We will never pass your details to anyone else.
Privacy policy...