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Gazpromneft-Lubricants and Kuwait Petroleum International to sign the cooperation agreement

Gazpromneft-Lubricants, the operator of the Gazprom Neft lubricant business, has signed the partnership agreement on cooperation in lubricant production with Kuwait Petroleum International (KPI), a part of Kuwait Petroleum Corporation, one of the largest global oil corporations.

KPI is specialized on the development and production of lubricants and has 3 blending facilities. KPI’s blending plant in Antwerp (Belgium) is one of the largest and most advanced in Europe, following a 100$multi-million modernization programme that has doubled the plant’s capacity and created state-of-the-art facilities. In recent years toll blending has become a significant part of KPI’s business.

The parties agreed on scientific and technical cooperation in lubricant manufacture: Gazpromneft-Lubricants will have the granted access to KPI high-tech production facilities, located in Antwerp (Belgium), well-organized logistics system and the opportunity to use the deep industry expertise of the partner in the production of its own brand Gazpromneft and, prospectively, G-Energy and Gazpromneft Ocean products.



Alexander Trukhan, General Director, Gazpromneft-Lubricants:
“Due to the growing demand for our company’s production and the presence geography expansion in Western and Northern European markets, it was decided to launch the project for the foreign production development through the cooperation with the leading European manufacturing partner. Kuwait Petroleum International is one of the largest lubricant manufacturer in Europe, our cooperation is the most important step in the implementation of our global strategy for the Gazprom Neft international lubricant business development”.

Frank Rouwens, General Manager, Kuwait Petroleum International – Q8Oils:
“As a result of long but fruitful discussions, we were able to reach the cooperation agreement with a valuable and internationally recognized partner. By signing this agreement, both companies will benefit on both short as long term from each other’s knowledge and will be able to fulfill their respective strategies. We are sure this is only the beginning of a long lasting cooperation that will bring many advantages for all stakeholders involved.

NOTE:


Gazpromneft-Lubricants (Gazpromneft-Lubricants Ltd.) is a subsidiary of Gazprom Neft focusing on the production and sales of oils, greases and technical fluids. Established in November 2007.The products are manufactured at six production sites in Russia, Italy and Serbia. The total production volume is over 500,000 tons of high-quality oils, greases and technical fluids per year.The Omsk Lubricant Plant (OZSM) has the Russia’s most advanced process line for the mixing, filling and packaging of lubricants with total annual mixing-and-packaging capacity of 300,000 tons. The management system of Gazpromneft-Lubricants and its production assets meets the requirements of the international standards ISO 9001, ISO 14001, ISO 16949, and OHSAS 18001. The company supplies its products to the conveyors of DAIMLER KAMAZ RUS, KZ ROSTSELMASH, KAMAZ, UAZ (Sollers), BELAZ and others. The consumers of Gazpromneft-Lubricants products are Severstal, Sibur, Gazprom, Evraz, MMK, TMK, NLMK, Rusal, Alrosa, RZD, MECHEL, Metalloinvest, SUEK, ILIM and other leading industrial enterprises. The product range includes 500 items of oils and greases for all market sectors (more than 2500 commodity items). The company’s products have the approvals of over 250 leading equipment manufacturers: BMW, Mercedes-Benz, Volkswagen, Volvo, Renault, General Motors, Cummins, MAN, ZF, KAMAZ, Avtovaz, Bosch Rexroth and others. The company also produces and sells marine oils, supplies marine lubricants to Sovcomflot, Rosmorport, Rosnefteflot, Norilsk Nickel and other Russian and foreign shipowners. Through the integration into Chevron global supply chain the company’s clients are able to get marine oils in over 800 ports throughout the world. The company controls 15% of the Russian lubricant market and also operates in the CIS and the Baltic, Europe, Central and Southeast Asia, Africa, South America and beyond. All in all, the company’s products are presented in 72 countries worldwide.



10.01.2018
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Tel: +7(495) 642 99 69 (11-90)

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