UAE - Mubasher: ENOC Group has renewed its agreement with Meisheng Investment Development Co, involved in import, exports, and trade, for another five years to supply and distribute ENOC Lubricant products in China.
Under the agreement, ENOC will achieve its objective to distribute over 20 million litres of products over the next five years, according to a recent press release.
Hence, the global oil and gas company will meet the increasing demand in the Chinese market for lubricants, greases, and oils, including construction, transport, general manufacturing, and power generation.
The CEO of ENOC Group, Saif Humaid Al Falasi, said: "China is one of the strong global markets where we are actively seeking to expand our presence. The new partnership will enable us to gain significant market share."
Meanwhile, the CEO of Meisheng Investment Development Co., Qiu Weihao, commented: "Meisheng is proud to have been associated with ENOC for the past seven years; marketing ENOC products in various cities in China."
