ExxonMobil Chemical Company announced the appointment of BLS Syn Inc. to solely represent and market its Group IV and Group V synthetics base stock portfolio in Korea.
The strategic relationship was formed based on BLS Syn Inc.’s technical expertise and strong knowledge of the local lubricants industry, combined with ExxonMobil’s broad portfolio and global supply reliability.
“We are excited to bring a new level of service and technical capabilities to customers in Korea developing innovative lubricants for some of the most complex and challenging industries in the world,” said Michael Chuah, Asia Pacific sales manager, ExxonMobil Chemical Company. “As industry needs continue to evolve, we are confident that BLS Syn Inc.’s knowledge of sector-specific customer needs together with our leading synthetics products and services will enable customers to develop high-performance lubrication solutions.”
Headquartered in Seoul, BLS Syn Inc. has an established supply chain and logistics system including local warehouses and drumming facilities. The company will be responsible for reliable delivery of Group IV and Group V synthetic base stocks and providing technical support to the local customer base.
“At BLS Syn Inc., providing exceptional customer service and ensuring supply reliability is an integral part of our operations,” said Song Seong-Han, chief executive officer, BLS Syn Inc. “We are thrilled to partner with ExxonMobil Chemical Company and combine the collective strengths of both companies to supply the Korean market with a wide array of industry-leading base stocks and application expertise.”
ExxonMobil Chemical Company and BLS Syn Inc. have begun preparing for joint consultative services pertaining to Group IV and Group V synthetics products to Korean customers which will commence from 1st January 2018.