Neste has tapped Multisol to distribute its Group III lubricating base oils in Central and Northern Europe, as well as Russia and former CIS countries. The arrangement will come into effect on Nov. 1, 2015.
“The relationship between Multisol and Neste spans 20 years with Multisol already undertaking supply and distribution of Neste premium grade Group III base oils in Western and Southern Europe,” said Multisol Commercial Director Graham Eden.
“This is a strategic marketing decision that reflects a commitment by both companies to provide Neste customers with exceptional value added services,” he added.
Multisol, which is part of Brenntag, the global leader in chemical distribution, has a market leading position in the formulation, blending and distribution of high value fuel and lubricant additives, base oils and speciality chemicals. Multisol’s customers range from global technology leaders and multinational petrochemical companies to regional and local industrial businesses and fuel and lubricant end users.
“Consequently, and in recognition of Multisol’s excellent performance during the last decade, Neste is pleased to announce that we have extended the distribution agreement with Multisol for all premium grade Group III base oils covering now nearly all countries of the EMEA region. We are convinced that this stronger partnership will definitely strengthen our customer portfolio,” said Neste Account Manager Bruno Cabanel.