Under the agreement, the companies will develop scientific and technological cooperation, including the supply of service fill oil for the partner's equipment
Beijing, June 25 - Neftegaz.RU. Lukoil Lubricants (China), a
LUKOIL Group entity operating in China, and Shandong Lingong Construction Machinery (SDLG), a leading international construction machinery manufacturer, have signed a strategic partnership agreement.
It’s a comprehensive project, within which Lukoil will
develop and test high-tech lubricants that meet the requirements of SDLG, as well as implement effective service solutions for the maintenance of the partner's equipment.
The cooperation includes supply of oil to Russia and other markets of the brand’s presence, with subsequent
expansion to other regions, including China.
Evgeniy Korneev, Executive Director, Lukoil Lubricants (China), said:
- Global and long-term partnership with OEMs is one of the key business priorities of our company in China
-
It is extremely valuable for us that SDLG, one of the world's leading manufacturers of construction machinery, trusts the quality and reliability of Lukoil lubricants
Rich experience in cooperation with OEMs (Original Equipment Manufacturers) and wide product portfolio of Lukoil
lubricants and greases, that includes more than 800 items, allow the company to offer its customers the most effective solutions.
In 2020, Lubricants Plant of Lukoil in Kazakhstan
shipped the 1
st batch of Lukoil industrial and motor oils for passenger and commercial vehicles to the Chinese market.
The volume of the 1
st delivery was more than 200 tons of
Kazakh-made oils.
The favorable geographical location of the plant allows prompt deliveries of Lukoil oils to
China.
The Chinese oil market is developing rapidly and has the potential for further growth.
