Enoc renews supply deal with Chinese group Meisheng

  • Date: 06-Jul-2021
  • Source: Trade Arabia
  • Sector:Oil & Gas
  • Country:Middle East
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Enoc renews supply deal with Chinese group Meisheng

Emirates National Oil Company Group (Enoc) has renewed its agreement with Chinese group Meisheng Investment Development for another five years for the exclusive supply and distribution of its lubricant products.

 

The agreement enables Enoc to achieve its ambitious plans of distributing more than 20 million litres of products over the next five years.

 

It also helps meet the increasing demand for lubricants, greases and oils in the Chinese market, including construction, transport, general manufacturing, power generation and OEM.

 

Enoc Group CEO Saif Humaid Al Falasi said: "Our agreement with Meisheng Investment Development Co. Ltd underlines our commitment to expand our international footprint, offering our international customers 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," noted Al Falasi

 

Through its agreement with Meisheng Development, Enoc plans to distribute a comprehensive 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 Investment Development CEO Qiu Weihao said: "We are proud to have been associated with Enoc for the past seven years; marketing Enoc products in various cities