Russian Gazpromneft Lubricants sealed a factory-fill agreement with Kazakh car and machinery maker Agromash Holding.
Under the deal, Gazprom is significantly increasing its finished lube shipments to the car assembly enterprise, which makes such brands as Peugeot, Toyota, Hyundai, SsangYong and Iveco, along with Agromash. This deal includes supply of motor and hydraulic oils, antifreeze and other products for passenger and heavy-duty vehicles as well as for agricultural machinery, Gazpromneft Lubricants said in an Aug. 18 press release. In the next five to six months we plan to ship about 250 tons of our finished production.
Agromash Holding owns the only car assembly and agricultural machinery manufacturing plant in Kazakhstan.
After Lukoil and Rosneft, Gazpromneft Lubricants is the third-largest lube marketer in Russia. In 2014 it held a 14 percent share of the countrys market, producing about 500,000 tons of base oils and lubricants. Also, it is a major lubricant supplier in Kazakhstan and other Central Asia countries, the company said.
Agromash Holding is located in the northern part of the country, in the city of Kostanay. Besides passenger and heavy-duty vehicles, it makes grain and fodder combine harvesters and a wide range of agricultural machinery, including universal grain sowing machines, ploughs, harrows or grain separators.