ENOC Misr partners with Misr Petroleum to blend lubricants in Egypt

ENOC Misr, a joint venture between Proserv. Egypt Group and ENOC, has signed an agreement with Misr Petroleum to blend and fill lubricants locally at Misr Petroleum’s plant for the next three years.

Saif Humaid Al Falasi, Group CEO ENOC said, “The Egyptian economy has been able to mitigate the negative ramifications of the COVID-19 pandemic; demonstrating its agility and resilience as the country continues to drive investments in critical infrastructure and employment opportunities. These factors instil confidence to invest in projects that serve the manufacturing and industrial sectors in Egypt and bolster our presence. Our latest partnership with Misr Petroleum for oil blending and filling operations will support ENOC Misr to grow and expand its operations and meet the demand for lubricants. Our ability to blend lubricants locally will not only ensure seamless production and supply but will immensely contribute to significant cost savings.”

Misr Petroleum company started in Egypt in 1911 under name of shell Egypt LTD and it became an Egyptian company in 1964. It manufactures and markets industrial and automotive lubricants as well as greases. Its lubricant blending plant has an annual production capacity of 150,000 tons.