Published on June 1st, 2016 | by Amirul Mukminin0
Perodua and Petronas Lubricants Ink RM355 Million Deal
Perodua Sales Sdn Bhd, a wholly-owned subsidiary of Perodua, and PETRONAS Lubricants Marketing (Malaysia) Sdn Bhd (PLMM), a wholly-owned subsidiary of PETRONAS Dagangan Bhd inked a RM355 million deal for the latter to supply 17 million litres of engine oil to Perodua, an increase of 21% over the previous contract, for a period of 5 years.
The contract is a continuation of an existing genuine oils partnership between the two companies since 2003. This long term partnership is not just a business transaction but a clear testimony of Perodua’s confidence in PETRONAS’ capabilities to supply quality products and unparalleled services.
This contract renewal will also witness the launch of a higher grade engine oil which exceeds the API SM standard and is catered for Perodua customers servicing their vehicles at independent workshops or on their own.
This new product provides full engine protection as it is designed with improved oxidation resistance, higher protection against carbon deposits, better wear protection, and increased performance over the oil service life. This means the oil provides protection that is needed by Perodua engines.
The engine oil technology allows extended engine oil drain interval while at the same timemgive better fuel efficiency as the oil provides excellent lubrication when driving. It will be available beginning September 2016 and the price will be announced by then.
Managing Director of Perodua Sales, Dr Zahari Husin said that Perodua targets an intake of 2 million vehicles this year at its 189 service centres nationwide. This is an increase of 40,000 intakes from the 1.96 million intakes recorded in 2015.