ENOC Group, Japan’s Idemitsu sign agreement for lubricants supply and distribution
The agreement enables ENOC to produce lubricants for Idemitsu and its customers, in addition to managing the supply and distribution of lubricants.
ENOC Group has signed an agreement with Idemitsu for the supply and distribution of lubricants in the UAE and neighbouring countries.
The agreement enables ENOC to produce lubricants for Idemitsu and its customers such as the original equipment manufacturer (OEM) for Toyota, in addition to managing the supply and distribution of lubricants. The lubricants will be blended at ENOC’s Lubricant and Grease Manufacturing Plant (ELOMP).
“The agreement with Idemitsu further underlines our strength in the lubricants business, expanding our range, and scaling up our manufacturing competencies. This is an ideal fit to Dubai’s Industrial Strategy to promote local manufacturing,” said CEO, ENOC Group, Saif Humaid Al Falasi.
“Our partnership with ENOC marks a key milestone in our presence in the region and we look forward to continue our expansion plans in the in Middle East and Africa,” commented General Manager of Idemitsu Lube Middle East and Africa, Ganesan Mahadevan.
Idemitsu Kosan company is a 108 year old Japanese conglomerate that provides oil and energy services to Japan and has a strong global presence.