LukOil Joins Europe’s ATIEL

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OAO LukOil last week announced that its subsidiary lubricant business LLK-International has joined the Technical Association of the European Lubricants Industry (ATIEL), a nonprofit organization of engine oil producing companies and vendors operating in Europe.

In addition to LLK, the 16 largest global engine oil manufacturers – including BPCastrol, Chevron, ExxonMobil, Total and Shell – have previously become members of the association.

The association aims to solve technical issues concerning the European engine oil industry, coordinate compromise decisions with engine producers and additive developers, and work out regulations and tests for new engine oil specifications. ATIEL publishes an Industrial Code of Practice, guidelines for engine oil producers complying with ACEA requirements (the European Automobile Manufacturers Association).

Joining ATIEL is recognizing OAO LukOil as an equal member of the European engine oil market, which provides an opportunity to our company, represented by LLK International, to take an active part in creation of the European engine oil quality standards, and build a close cooperation with engine and industrial equipment producers, said Vladimir Nekrasov, LukOils first vice president.

LLK, set up by LukOil in late 2005, administers production and marketing of engine oil produced at six plants of the LukOil Group in Russia and overseas. It manufactures a wide range of industrial, engine and transmission oils as well as base oils. LLK produces more than 40 percent of all oils in Russia, and LukOil branded lubricants are marketed in more than 20 countries.

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