Industry Event: Petromin Corporation enters Indian Lube Market

Petromin Corporation, the oils and lubricants multinational from Saudi Arabia, organized a Press conference on 3rd May 2015 at Jaipur followed by a polo match as a part of their
Sales and Distributors Meet, India 2015.

Petromin specialize in automotive, industrial and marine lubricants. BMS Oils & Lubes have been given distribution rights in India for Petromin Corporation products. Dr. Mujahid Saleem & Dr. Shivraj Singh Rathore are directors of BMS Oils & Lubes.

Petromin has been launched in 7 states of India with 53 distributors since the time it started its operations in India. Petromin Corporation claims that it is the only company which blends 100 percent Virgin Oil this being the USP it is mentioned on each and every package of Petromin product a consumer buys. Products are imported directly from Saudi Arabia. Petromin has introduced more than 150 SKU’s in the Indian market and is planning to increase its product range in future. All Petromin products are appreciated by trusted automobile makers, industry leaders and fleet owners all around the globe for its superior performance in all extreme weather conditions.

Mr. Sameer M Nawar - President, Petromin Corporation, Jeddah (KSA) and Mr Imran Mufti – Vice president Marketing and Sales were both present for the Meet at Jaipur. Mr. Nawar expressed his satisfaction with the performance of BMS Oils and Lubes and anticipates a bright future for Petromin in India.

Petromin expects 2 per cent of Indian lube market share within the next four years.