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    Uzbekistan

    Saneg launches motor oil supplies to Uzbekistan, aiming for 80% sales increase

    Saneg launches motor oil supplies to Uzbekistan, aiming for 80% sales increase

    Saneg, a prominent player in the lubricant industry, has expanded its market presence in Uzbekistan by launching supplies of synthetic and semi-synthetic motor oils from its plant in Italy. The company's press service reported the introduction of SEG Motol Diesel 10W-40 (API CI-4/SL) oils, designed for heavy diesel-powered equipment such as long-haul tractors, off-road vehicles, and construction machinery. These oils are rated CI-4 by the American Petroleum Institute and E4/E7 by the European Association of Automotive Engineers.

    Photo: Saneg, a prominent player in the lubricant industry, has expanded its market presence in Uzbekistan 
    Source: Saneg

    Key features of SEG Motol oils include a synthetic oil base, providing a high viscosity index, anti-wear properties, and antioxidant capabilities. Saneg promises engine wear protection under demanding operating conditions.

    Saneg aims to increase its sales volume by 80%, with a target of 10,000 tons for the current year, up from 5,500 tons sold domestically in 2023. This accounts for approximately 8% of the entire Uzbek market.

    Saneg acquired the Italian CGC Lubricants plant in Bari in February, with plans to leverage its technologies and know-how to enhance production capacities in Uzbekistan. The agreement between SEG Motol and the Italian company involves the exchange of recipes and technologies, as well as pursuing European safety certifications for base oils produced by the Fergana Refinery.

    The company plans to introduce 25 new products to the production line of the Fergana Oil Refinery this year, including motor and transmission oils for passenger cars.

    Earlier Daryo reported that the net profit of Uzbekneftegaz experienced a reduction of over 50% in 2023.

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

     
    05.04.2024, 13:02   Comments (0)   1793
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