ENOC Misr, a joint venture between Proserv. Egypt Group and the UAE’s Emirates National Oil Company (ENOC), have agreed to blend and fill lubricants at Misr Petroleum’s refinery.
The agreement was signed by Mr. Ahmed Hashem Abouelamaim, Vice Chairman of the Board of Directors and Managing Director, delegate of ENOC Egypt, and Mr. Mohamed Shaaban, Chairman of the Boards of Directors of Misr Petroleum.
According to the company, ENOC Misr will combine lubricants in Egypt as part of this three-year partnership, which will contribute to significant operational efficiencies and assure a continuous product supply in the market while following ENOC’s high standards and dedication to excellence.
The Egyptian economy’s ability to mitigate the negative ramifications of the COVID-19 pandemic while demonstrating its agility and resilience as the country continues to drive investments in critical infrastructure and employment opportunities boosted confidence to invest in projects that serve the industrial sectors in Egypt and bolster our presence.”
Misr Petroleum uses the finest types of base oils that meet international standards, with an annual production capacity of 150,000 to 180,000 tonnes. To reach the required performance levels for lubricating oils, it also sources the most latest additives from world-renowned additive providers. The oil mixing facility makes use of the latest mixing and filling control systems available.
Misr Petroleum is the owner of Egypt’s largest oil analysis laboratory. In Egypt, it also owns and runs around 1,500 petrol and diesel car fuel stations.
ENOC’s products are sold in over 60 markets in the Middle East, India, South and Central Asia, and Africa.