31
Oct

PETRONAS and Univar Solutions sign a distribution agreement for the UK

PETRONAS Lubricants International (PLI) has signed an agreement with Univar Solutions to distribute PLI lubricants in the UK exclusively.

The agreement is expected to offer supply-chain efficiencies that enable the PLI brand to maintain a competitive position in the UK lubricants industry. Under the agreement, Univar Solutions will align with PLI’s growth objectives for the territory to ensure the brand sustains a strong foothold in Europe’s third-largest lubricants market. On behalf of PLI, Univar Solutions will continue sales of all product ranges currently available in the UK market. 

Nigel Hayes, senior vice president of EMEA chemical distribution for Univar Solutions, said: “This is a strong strategic partnership for both Univar Solutions and PLI. Suppliers like PLI rely on us to help reduce supply chain complexity while providing enhanced service, such as reduced lead times to the market. Working together, we highly anticipate Univar Solution’s sustainability focus and PLI’s product line will complement our shared goal of providing viable solutions to the market.”

Giuseppe Pedretti, PLI EMEA Managing Director, added: “Univar Solutions has a strong footprint in the UK IML industry. This partnership will undoubtedly be valuable for our business and growth ambitions in both OM and IML. Both parties are committed to a smooth transition process, and we are confident the team at Univar Solutions will provide our UK partners with the highest service level whilst enabling an efficient supply-chain through their strong distribution network.”

PLI is one of the lubricants producers in Europe, with production sites in Italy, Spain, and Belgium. Univar Solutions has an extensive warehouse and transportation network for distribution in the UK to meet the demand for finished lubricants from automotive and industrial market customers.