CEPSA signed distribution agreement for its lubricants in China with SAIC Group company APSIS

• CEPSA has entered into an agreement to distribute its products in China through APSIS, a SAIC Group company
• The agreement is part of CEPSA Group business area’s internationalisation expansion plan
• The pact will enable Bergé Automación to strengthen its relationship with China’s leading automobile group, SAIC, and will mark the beginning of its international trading activity with a variety of products

Madrid, Spain, 6-2-2014 — /EuropaWire/ — CEPSA, through its subsidiary CEPSA Lubricantes and intermediary Bergé Automoción, has made a deal to distribute on the Chinese market through SAIC Group company APSIS. This is a five-year agreement, which is renewable for a further five years.

The agreement will introduce CEPSA Lubricants to China, a market currently consuming more than 7 million tons/year. The operation is part of CEPSA’s internationalisation strategy.

Our Group, which is currently building a petrochemical plant in China to produce phenol and acetone, is diversifying its activity in this part of Asia by exporting and marketing its lubricants.

To do this, in collaboration with Bergé Automoción, APSIS will be using all the capacities of the SAIC Group, a leading Chinese industrial conglomerate.

The CEPSA Lubricantes products to be distributed in China are produced at the company’s plant in Spain and formulated using the latest technology on the market. They are designed in coordination with world-leading, highly demanding vehicle, engine and machinery manufacturers.

CEPSA is an energy group which is wholly owned by IPIC, employing more than 10,000 people and operating at every stage of the hydrocarbon value chain. It is engaged in petroleum and natural gas exploration and production activities; refining, transport and sale of crude oil and natural gas derivatives; biofuels, cogeneration and electricity sales. CEPSA has an important petrochemicals division which is closely integrated with its oil refining activities. The company manufactures and markets raw materials for producing high added-value products used mainly to produce new generation plastics and biodegradable detergent. CEPSA has a notable presence in Spain and by gradually internationalising its activities, it is now working in Algeria, Brazil, Canada, Colombia, the United Arab Emirates, Malaysia, Panama, Peru, Portugal, Surinam and Thailand, selling its products all over the world.

CEPSA Lubricantes is one Spain’s leading companies, marketing and distributing its lubricants in all sectors and segments under the CEPSA and Ertoil brands. In 2011 it sold 256,000 tons of base oils, paraffins, greases and finished lubricants.

Bergé y Cía  is one of the major Spanish corporate groups. It is present, with a sizeable international projection, in sectors such as port maritime, car distribution, logistics, renewable energies and finance.

Bergé Automoción is the automotive division of holding compoany Bergé y Cía., which was founded in 1870.  Bergé Automoción is nowadays the largest private car distributor on the Iberian Peninsula and in Latin America. It operates in six countries (Spain, Portugal, Chile, Peru, Colombia and Argentina) and has sold more than 400,000 units in the last five years. Bergé Automoción’s market strategy in China focuses on deepening its relationships with these countries leading motor manufacturers, including all types of automobile-related business in its scope of activity, in this case through lubricant distribution for OEMs and after-sales services.

La estrategia de Bergé Automoción para el mercado Chino se centra en la expansión de sus relaciones con los principales fabricantes de automóviles en ese país, incluyendo dentro de su ámbito de actividad todo tipo de negocios relacionados con la automoción, como es en este caso de la distribución de lubricantes para OEMs y servicios de post venta.

APSIS – SAIC Group: APSIS was founded in 2005 by SAIC, China’s leading automobile company, and by the National Center of Supervision and Inspection on Motor Vehicle Products Quality (Shanghai). Its two main lines of business are automobile component distribution and added value service centres (spare parts, components and repairs). In 2012, SAIC Motor produced over 4.5 million vehicles, the largest output of any China-based automaker. Some of the most important companies belonging to the group are: SAIC Motor Manufacturing Co., Ltd., Shanghai Volkswagen Automotive Co. Ltd., Shanghai General Motors Corp., Ltd., SAIC-GM Wuling Automobile Co., Ltd., NAVECO, and SAIC-IVECO Hongyan Commercial Vehicle Co., Ltd

For further details, go to:

Bergé Automoción – General Communication and External Relations Division
info@bergeauto.es
Tel: (34) 91 532 06 09
www.bergeauto.es

CEPSA – Communication and Institutional Relations Division
relaciones.institucionales@cepsa.com
Tel: (34) 91 337 62 02
www.cepsa.com