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Media in Dubai 21-05-2019 /
EPPCO Lubricants signed an exclusive three-year memorandum of understanding with Al-Futtaim Machinery and machinery Company (FAMCO) for the supply of oils, refrigerants and lubricants for FAMCO operations in the UAE.
According to the memorandum, EPPCO Lubricants will supply approximately 22,500 barrels, equivalent to 3.577 million liters of products over the next three years.
“The growth in the manufacturing sector has resulted in a significant increase in demand in the automotive lubricants markets and industrial and marine machinery. Our strategic partnership with Al-Futtaim Machinery and Machinery Company is helping to meet the current requirements of the market,” said Chief Executive Officer, ENOC Group.
“We at FAMCO are looking forward to working with ENOC to provide our customers with a whole new range of oils that enhance the productivity of commercial vehicles and construction machinery and help reduce ownership costs,” said Managing Director, Al Futtaim Machinery & Machinery.
The memorandum of understanding between EPCO Oil and FAMCO is one of the most important strategic contracts for ENOC over the last 15 years and will allow the two parties to work together to explore areas of common interest and future cooperation opportunities.
