Bangkok--Nov 3--PTT
Today (Nov. 3, 2004), Mr. Apisit Rujikeatkamjorn, Senior Executive Vice President of PTT Public Company Limited — Oil Business Group, and Mr. Jerome PARE, Chairman of Total Lubrifiants S.A. have signed an agreement on the joint development of “PTT Lubmarine” which is a new marine lubricant with highest standard quality that expects to gain international market acceptance. PTT Lubmarine is ideally suited for use in marine engine and will be available in Thai and international ports. This step marks a significant milestone of Thailand’s marine lubricant product development to meet international standard.
PTT’s Senior Executive Vice President revealed that for 26 years as Thailand’s leader in energy business - oil, natural gas, petrochemical and refinery as well as other related businesses, PTT has never stopped its research and development activities in order to develop high quality product and services for its customers. Especially, maritime business is considered a core sector to help driving the country’s economic growth. Therefore, PTT has joined hands with Total Lubrifiants S.A. for the development of “PTT Lubmarine”. The research and development of PTT Lubmarine would benefit both vessel operators and customers.
Total Lubrifiants S.A. is the world’s fourth largest oil firm with extensive expertise in petroleum and energy business. Total Lubrifiants has more than 50 years of experience in marine lubrication technology, and has worldwide networks of about 700 ports in 70 countries. At the same time, PTT is fully equipped with its logistic, product storage, and strong marketing channel. Moreover, PTT’s affiliates are highly professional in the manufacturing of lube base oil as well as blending and packaging of lubricant. In particular, “PTT Lubmarine”, certified by OEM : Original Equipment Manufacturer, can assure satisfaction of marine operators both in Thailand and abroad. It is another pride for Thai in upgrading Thai lubrication product to match up with the international quality standard, Mr. Apisit added.
Corporate Public Relation
PTT Oil Business Group
Tel. 0-2537-2571, 2538
Fax. 0-2537-2517, 2572 End.