Apar signs MoU with ENI of Italy

Apar Industries, India’s largest manufacturer of transformer oil, has signed a Memorandum of Understanding with ENI of Italy, one of the largest manufacturers of lubricants and engine oils in the world. They market their lubricants through the AGIP brand in India as part of the joint venture with Apar Industries.

AGIP products are approved by global auto majors like the Volkswagen Group (Skoda, Audi, and VW), Mercedes-Benz, BMW, Piaggio, Aprilia, Maserati, Porsche, Peugeot, Rolls-Royce, Renault, Ford, Wartisla, MAN B&W, and Volvo among many others.

Agip lubricants comply with the most recent and strict specifications of constructors and international regulators and consequently assure the best protection and conservation of every part of the engine.

Eni, which owns the AGIP brand, is currently ranked 26th on the Global Fortune 500 list, with a turnover exceeding $ 110 billion and a market capitalisation of over $140 billion.