Gazpromneft-Lubricants and Enso Global Trading have signed a strategic cooperation agreement to broaden the distribution of lubricant assets across the South Asian region. The partnership provides regular supplies of base, motor, hydraulic and gearbox oils for sale in the actively developing Indian market.
Enso Oils & Lubricants, a subsidiary of Enso Group, will specialise in the importation and distribution of Gazpromneft-Lubricants' oils, lubricants, and technical fluids.
On the partnership, Vinay Maloo, Chairman of Enso Group, said “I am sure that the relationship will bring positive gains to both entities.”
The partnership will supplement the supply of specialised lubricants to the manufacturers of industrial equipment and machinery, as well as other enterprises. For modern passenger vehicles manufactured in India, Gazpromneft-Lubricants will supply premium lines of engine and transmission oils with improved characteristics for reliable engine operation in hot climates.
“Gazpromneft-Lubricants has world-class products in both automotive and industrial segments to fulfill the requirements of the Indian customers,” said Radhakrishnan Ramarathnam, CEO of Enso Oils & Lubricants.
The company's own R&D department, including Russia's only digital platform for developing oils based on artificial intelligence technology, ensures the uniqueness of the formulations.