ENOC Misr inks agreement with Misr Petroleum to blend lubricants in Egypt

ENOC Misr will blend lubricants in Egypt to enhance operational efficiencies and ensure a continuous product supply in the market

  
General view of Enoc petrol station logo on September 25, 2017 in Dubai, United Arab Emirates. Image for illustrative purposes.

General view of Enoc petrol station logo on September 25, 2017 in Dubai, United Arab Emirates. Image for illustrative purposes.

Getty Images/Tom Dulat / Stringer

Egypt - ENOC Misr, a joint venture between Proserv. Egypt Group and the Emirates National Oil Company (ENOC), has signed a three-year agreement to blend and fill lubricants at Misr Petroleum’s plant in Egypt.

Under its partnership with Misr Petroleum, ENOC Misr will blend lubricants in Egypt to enhance operational efficiencies and ensure a continuous product supply in the market, according to a press release on Sunday.

The agreement will benefit from Misr Petroleum's experience in the field of manufacturing and marketing lubricants in Egypt for more than 60 years.

In 1995, the Egyptian company established the largest oil mixing facility in Alexandria, spanning over an area of ??about 100,000 square metres, to mix and produce over 200 types of motor oils, industrial oils, and specialised oils.

Meanwhile, ENOC Group owns and operates two lubricant and grease manufacturing plants, located in Fujairah, and Jebel Ali Freezone (JAFZA) in the UAE.

The blending plant in Fujairah has an annual design production capacity of 250,000 MT/annum of blending and filling.

The Group CEO of ENOC, Saif Humaid Al Falasi, said: "Our latest partnership with Misr Petroleum - for oil blending and filling operations - will support ENOC Misr to grow and expand its operations and meet the demand for lubricants. Our ability to blend lubricants locally will not only ensure seamless production and supply; but will immensely contribute to significant cost savings."

Source: Mubasher

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