Kroon Oil signs lubricant distributor agreement with UAE’s Lootah Biofuels
Lootah Biofuels, a major producer and supplier of biodiesel in the United Arab Emirates (UAE), has signed an exclusive distributor agreement with Kroon Oil, an independent lubricant manufacturer based in Almelo, Netherlands. Under the agreement, Lootah will distribute Kroon’s portfolio of products in the UAE.
“We’re excited about adding Kroon Oil’s products to our line card of best-of-breed lube products whose scope ideally fits in the UAE market,” said Yousif Lootah, CEO of Lootah Biofuels.
“In addition to products for the automotive, agricultural, shipping and manufacturing sectors, Lootah Biofuels will offer a complete range of Kroon Oil lubricants for bicycles, small marine craft and other specialist applications,” he said. “An important element of positioning Kroon Oil as our partner is to meet the needs of commercial and industrial customers looking for a wide range of lubricants for their specific requirements.”
“The venture has opened our gates to the UAE market where there is a huge potential and scope for lubricants,” said Petran Langeler, export area manager of Kroon Oil. “In a country like UAE where the automotive and industrial sector occupies a major portion of the economy, there is a great scope and opportunity for our products,” Langeler added.