Set for double-digit growth
“We are very strong in our research and development (R&D). With a technological edge, we aim to meet the needs of our customers.
“We understand our customers well as we are also involved in a big logistics operation, for example, Petronas Dagangan Bhd, delivering diesel, LPG, so we know first hand that it is important to avoid any unplanned downtime which could affect our consumers’ business.”
Other parameters used include longer lifespan of engine and preventing aggressive wear and tear of engine, Zubair said, adding that this was also in line with the company’s strategic growth aspiration to be among the world’s top lubricant players by 2019.
The global lubricants market is projected to be worth US$166.59 billion by 2021. Sales of commercial vehicle in Malaysia are expected to grow over five to six years from 2017, says Petronas Lubricants Marketing (Malaysia) Sdn Bhd chief executive officer