Exciting times are ahead in the energy sector! The ENOC Group recently wrapped up its 9th Lubricants Global Distributors Meet in beautiful Thailand. This event was more than just a gathering; it was a platform where key distributors from over 25 countries came together to explore advancements and challenges in the global distribution network.
This year’s meet was remarkable, with first-time participation from countries like Thailand, Pakistan, Kyrgyzstan, Kuwait, Jordan, and Congo. ENOC’s expanding international footprint speaks volumes about its successful market penetration and commitment to growth.
Now, here’s where things get particularly interesting—the global electric vehicle (EV) fluids market is set to experience incredible growth, projected at a compound annual growth rate of 28.6% from 2024 to 2030. In response to this trend, ENOC introduced “Elektra,” a dedicated range of fluids tailored specifically for electric and hybrid vehicles. They also showcased three new petrol engine oils that meet the latest API SQ specifications, together with a redesign of their lubricant packaging first revealed at Automechanika Dubai last year.
His Excellency Saif Humaid Al Falasi, Group CEO of ENOC, commented, “Bringing together our key distributors in Southeast Asia allows us to discuss global trends and prepare for the future. The introduction of Elektra reflects our commitment to meeting the growing demand for electric vehicles.”
Currently, ENOC exports lubricants to over 60 countries across the Middle East, Africa, and Asia. The Group operates two state-of-the-art production facilities in the UAE, boasting an impressive annual capacity exceeding 300,000 tons. With these efforts, ENOC is not just keeping pace with industry demands—it’s shaping the future of the energy landscape.
Related Posts
