Neste signs new distribution agreement for its premium-grade NEXBASE(TM) Group III base oils in Greater China

Neste signs new distribution agreement for its premium-grade NEXBASE(TM) Group III base oils in Greater China

ESPOO, 23-Feb-2018 — /EuropaWire/ — Neste has signed a new distribution agreement concerning its premium-grade NEXBASE(TM) Group III base oils in Greater China with Brenntag (Shanghai) Enterprise Management Company Limited. Brenntag will start distributing Neste’s base oils in Greater China from 1 April onwards. The new distribution partnership is built on 20 years of collaboration between Neste and Brenntag Group companies.

“We are pleased to have Brenntag as our new distributor for NEXBASE Group III base oils in Greater China. We are confident that Brenntag meets the high quality, reliability, and compliance expectations we have for our NEXBASE Group III base oils deliveries in China,” says Peter Zonneveld, Vice President, Sales Europe at Neste. 

“It’s a great pleasure being appointed as distributor of NEXBASE Group III base oil for Greater China. This is a great step forward for Brenntag China to enlarge its business into the lubricants industry. As a professional chemical distributor, we are confident of providing efficient services for this industry in Greater China by working closely with Neste,” says Liu Hua from Brenntag Shanghai Enterprises Management Co Ltd, part of Brenntag Group. 

The main applications for NEXBASE base oils are high-performance engine oils and industrial lubricants. NEXBASE base stocks have high oxidation stability, low evaporation, excellent low-temperature fluidity, and extremely low sulphur content.
 
Further information:

Leonardo Matos, Specialty Products Sales Manager, Europe and Asia-Pacific, Neste, tel. +41 79252 6331, leonardo.matos(@)neste.com

Franphy Yu, Business Development Manager, Brenntag China, tel. +86 185 1192 9202, Franphy.yu(@)brenntag-asia.com

Neste in brief

Neste (NESTE, Nasdaq Helsinki) creates sustainable solutions for transport, business, and consumer needs. Our wide range of renewable products enable our customers to reduce climate emissions. We are the world’s largest producer of renewable diesel refined from waste and residues, introducing renewable solutions also to the aviation and plastics industries. We are also a technologically advanced refiner of high-quality oil products. We want to be a reliable partner with widely valued expertise, research, and sustainable operations. In 2017, Neste’s revenue stood at EUR 13.2 billion. In 2018, Neste placed 2nd on the Global 100 list of the most sustainable companies in the world. Read more: neste.com

Brenntag Group in brief

Brenntag Group is a Germany-based international company, a global market leader in chemical distribution. With local presence in 11 different locations in Greater China and the headquarters in Shanghai, Brenntag China manages complex supply chains for both chemical manufacturers and consumers by simplifying market access to thousands of products and services.

SOURCE: NESTE

 

 

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