Oil market development plans were discussed in Tashkent

Oil market development plans were discussed in Tashkent

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Oil market development plans were discussed in Tashkent

SEG Motol, the oil business subsidiary of Saneg, has held its first partner conference. The event was attended by company distributors engaged in wholesale and retail sales of lubricants, large industrial oil consumers based in Uzbekistan, automotive industry representatives and the country’s largest retail chains. 

SEG Motol director Bakhtiyer Asatullaev noted the importance of meeting with partners: "This conference gives us a unique opportunity to hear the needs of the market and offer products that meet the highest quality standards and industry requirements." 

During the conference, Saneg and SEG Motol explained their two–brand oil development strategy. 

Products under the Saneg brand are part of a line of premium synthetic oils for modern passenger cars produced by the Saneg Oil Italy plant in the city of Bari. 

Mauro Nocelli, executive director of Saneg Oil Italy, said: "Advanced technologies and production facilities now enable us to offer products to the Uzbek market that meet European quality standards." 

In addition, the event’s participants learned about the range and competitive advantages of SEG Motol’s industrial oils and lubricants for commercial vehicles, that are produced at the Fergana Refinery. 

They were also presented with Saneg’s strategy for growing its oils businesses until 2030, including the expansion of production capacities. In particular, the company plans to produce up to 60,000 tons of commercial oils and 150,000 tons of base oils annually in Uzbekistan, as well as up to 20,000 tons of commercial oils and 5,000 tons of lubricants per year in Italy.