ID :
143869
Mon, 09/27/2010 - 21:32
Auther :
Shortlink :
https://oananews.org//node/143869
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SHELL NAMED NO. 1 GLOBAL LUBRICANTS SUPPLIER FOR FOURTH CONSECUTIVE YEAR
KUALA LUMPUR, Sept 27 (Bernama) -- Shell has been named the No.1 global
lubricants supplier for the fourth consecutive year in an annual research study
carried out by Kline & Co.
"The research showed that despite challenging market conditions, Shell has
continued to outperform the lubricants market as a whole and maintain its
global leadership position," said Tan Chong Meng, executive vice president for
B2B and lubricants, in a statement here Monday.
According to Kline, despite one of the toughest operating environments since
the Great Depression, the global market share of Shell lubricants in 2009 grew
to 13.4 per cent from 12.7 per cent in 2008.
It also widened its lead over its nearest competitor to 2.5 per cent, up
from 1.6 per cent the year before, it said.
Kline said the impact of the global recession has been less severe in the
Asia-Pacific region, which continued to show the most robust volume growth.
It said Shell achieved strong growth in China to garner an 11 per cent
market share, extending its lead as the top international supplier.
"In growth markets like Indonesia, Shell is a significant player among
international oil companies," it said.
-- BERNAMA
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