Gazpromneft-Lubricants and Enso Global Trading, signed a strategic cooperation agreement to broaden the distribution of lubricant assets across the South Asian region.
The partnership will provide regular supplies of base, motor, hydraulic and gearbox oils for sale in the actively developing Indian market.
Enso Oils & Lubricants, a leading subsidiary of Enso Group, will specialise in the importation and distribution of Gazpromneft-Lubricants' high-quality oils, lubricants, and technical fluids that cater to a wide array of industries.
Vinay Maloo, Chairman, Enso Group said “Enso is proud to be the strategic partner of Gazpromneft for their products and am sure that the relationship will bring positive gains to both entities.”
“Gazpromneft-Lubricants has products in both automotive and industrial segments to fulfill the requirements of the Indian customers,” said Radhakrishnan Ramarathnam, CEO, Enso Oils & Lubricants.
The partnership will supplement the supply of specialised lubricants to India's largest 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.
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, stated a company press release.