Puma Energy, the globally integrated midstream and downstream energy company, and Singaporean independent lube manufacturer AP Oil, have signed a supply agreement wherein the latter would blend lubricants for Puma Energy as it expands marketing its lubricants across the Middle East and Asia Pacific.
Puma Lubricants so far is present in 31 countries, following the introduction of its lubricants brand in Africa and the Americas. The next expansion phase is to market its products in the Middle East and Asia-Pacific.
“With more than 40 years of experience in blending for major fuel companies, AP Oil is well equipped to blend Puma Lubricant products, ensuring that we deliver high-quality lubricant products on time to support our clients into the future,” said Govert Spit, global head of Puma Lubricants.
“The appointment of AP Oil is a major step in the execution and success of Puma Lubricants strategy to grow our own lubricants brand in the MEAP region. We have already a strong position in Middle East and Asia Pacific and now with a strategically well-placed partner, we will continue to enlarge our footprint in more countries.”
“This is a great recognition for AP Oil to be chosen by Puma Energy to support their lubricants business in the MEAP region. Puma Energy has a highly successful growth track record and we look forward to partnering with this dynamic, premium brand. With AP Oil’s expertise in the sector and experience in the region, we believe we can achieve great growth synergies with Puma,” said Ho Chee Hon, CEO of AP Oil.