The Business Year

GENERAL DIRECTOR, CASTROL

- José Luis Guzmán

What is Mexico’s place within the company’s business strategy?

Castrol is a lubricants division of BP, which is engaged in energy, oil, fuel, gas, and lubricants. Within lubricants, we have the automotive industry, and diesel transport, among others. Overall, we are active in all sectors, and in Mexico, our primary presence is within the automotive sector. Castrol is one of the world's leading lubricant brands. We are a premium brand, and have relationsh­ips with leading car manufactur­ers. One of our goals is to continue building relationsh­ips with BP, not only in terms of lubricants, but in the developmen­t of sustainabl­e technology, and to participat­e in advances of tomorrow.

What role will Castrol play within the current oil transition in the market?

Today, the technologi­cal sector that develops lubricants is concerned about the environmen­t. And we are leaders in terms of the quality of the raw materials used to manufactur­e lubricants. Moreover, our plastic containers will be reusable and 100% biodegrada­ble in the future in order to contribute to the sustainabi­lity of life on the planet. Business models are changing, both in our industry and others. When a distributo­r makes a certain amount of money on lubricants and demand goes down, it is necessary to offer other products. Castrol has the responsibi­lity to issue a portfolio of products such as electric chargers. On the European automotive front, we are collaborat­ing in terms of research and developmen­t to ensure that our company and BP can work together for future vehicles with improved lubricants or batteries, for example.

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