29 November 2010 - 00:00 CET | PDF | 83.45 KB
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The deal includes the possibility of sales in other markets in Asia and Oceania
Repsol signs an agreement with UMW to manufacture and distribute lubricants in China and Malaysia
Press Release
29/11/2011 07:02
- Repsol plans to market more than 20,000 tons of lubricants by the fifth year, equivalent more than 25% of its annual sales in Spain.
- The agreement represents an important step in the process of internationalising Repsol’s lubricants, already present in more than 60 countries on five continents.
- UMW is an international conglomerate from Malaysia that is involved in automotive, equipment, manufacturing & engineering, and oil & gas industries.
- With this agreement, Repsol expands its competitive, technological and branding attributes in countries such as China, Malaysia, Singapore, Brunei, Papua New Guinea and Myanmar.
- Repsol offers a wide range of technologically advanced lubricants that meet the highest quality standards, in the automotive, motorcycle and industrial sector as well as that of ancillary products.