Shell Leads the Lubricants Market

Shell Leads the Lubricants Market

Shell Lubricants Company was named the No. 1 global lubricants supplier for the tenth year in a row, the company informed Egypt Oil&Gas in a press release.

According to  Kline & Company’s Global Lubricants Industry: Market Analysis and Assessment 2016 report, Shell Lubricants has retained the global market leading position in 2015 with 11.6% market share. Product sales estimations showed that Shell sold between 4,400 – 4,600 kilotons of finished lubricants in 2015, divided into 36% in consumer automotive, 34% in industrial and 30% in commercial automotive sectors.

Shell’s Downstream Director, John Abbott, stated that the company “has consistently invested in upgrading and growing our world-class supply chain, to align with demand in emerging markets. ”

To cover the growing demand, Shell invested hundreds of millions of dollars in its lubricants supply chain, upgrading three lubricant blending plants, building four new lubricant blending plants, and constructing a new grease manufacturing plant as well as one new Group II base oil manufacturing plant.

Shell Lubricants is the market leader in Philippines by 30% shares and Malaysia by 27% shares. It is also the leading company in the UK by 18% shares and in the US by 12% shared, according to the Kline & Company report.

Sarah Samir 2752 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

Login

Welcome! Login in to your account

Remember me Lost your password?

Don't have account. Register

Lost Password

Register