UAE’s leading integrated global oil and gas company ENOC Group has renewed its agreement with Meisheng Investment Development to supply and distribute the ENOC Lubricant products in China for another five years.
China-based Meisheng Investment Development is a private company and it is involved in import, export, and trade. According to the company statement, the agreement allows ENOC to meet its ambitious plans of distributing more than 20 million liters of products over the next five years.
Furthermore, it will satisfy the growing demand for lubricants, greases, and oils in China’s construction, transportation, general manufacturing, power generation, and original equipment manufacturer (OEM) markets.
“Our agreement with Meisheng Investment Development Co. Ltd underlines our commitment to expand our international footprint, offering our international customers the best, safest, and latest product range. China is one of the strong global markets where we are actively seeking to expand our presence. The new partnership will enable us to gain significant market share.”
Through its partnership with Meisheng Development, ENOC plans to market a broad product portfolio, which includes Engine Oils, Automotive Gear Oils, Automatic Transmission Fluids, Hydraulic Oils, Industrial Oils, Greases, Brake Fluids, Engine Coolants, and Injector Cleaners.
“Meisheng is proud to have been associated with ENOC for the past seven years; marketing ENOC products in various cities in China. We are honored at the confidence ENOC has in us and are thankful for their support,” noted Mr. Qiu Weihao, CEO at Meisheng Investment Development Co. Ltd.
Earlier this year, nine products of the Group’s lubricant oils range have been certified by the American Petroleum Institute’s (API) ‘API Service SP’, the newest API gasoline engine oil specification standard.