Mekong Petrochem's strategic cooperation with SK Lubricants Korea

19/11/2020, 10:19 AM

On February 7th, 2020, (Mekong Petrochemical Jsc Vietnam and SK Lubricants Korea officially launched the cooperation ceremony, marking a new step in promoting business between two corperations, to promote SK ZIC investment in Vietnam market.

On February 7th, 2020, (Mekong Petrochemical Jsc Vietnam and SK Lubricants Korea officially launched the cooperation ceremony, marking a new step in promoting business between two corperations, to promote SK ZIC investment in Vietnam market.

Known as one of the leading companies in the industry, Mekong Petrochemical Jsc specializes in providing a wide range of different petrochemical products and services with a wide distribution network in Vietnam.

Starting business in 1963, until now, SK Lubricants is one of the world's leading manufacturers of base oils and lubricants, belonging to SK Group - the 2nd largest corporation in Korea (2022). By this merger, the two parties aim to move towards a competitive position for their ability to supply quality lubricant products to the market, especially SK Lubricants' flagship product, which is a branded synthetic lubricant: SK ZIC brand.

 

 

Products manufactured in Korea by SK Lubricants and distributed in Vietnam by Mekong Petrochem create a new and reliable choice with guaranteed quality, serving the needs of consumers to the fullest. Customers can completely choose for themselves high-end products that are applied in many different fields such as: engine oil, transmission oil, grease, industrial lubricant, ... thereby promoting SK ZIC in the Vietnamese market.

SK ZIC is known as a synthetic engine oil that is formulated from premium YUBASE -group III base oils and applies exclusive VHVI technology for an excellent base oil product with a high viscosity index. SK ZIC has been Korea's No. 1 lubricant brand for more than 20 years, voted as "The best engine oil in Russia" for two consecutive years, owns a distribution network covering more than 60 countries in 5 continents. Starting the official cooperation with Mekong Petrochem since 2018, after just over a year, SK ZIC has diversified its distribution system, from developing traditional selling points to e-commerce sites and becomes a trusted brand in the future.

Speaking about the merger agreement between Mekong Petrochem  and SK Lubricants, Mr. Le Hoang, Chairman of the board of Directors of Mekong Petrochemical Jsc said: “We are fully confident that this agreement will mark a growth strong phase on both sides. Thanks to the combination of Mekong Petrochem's extensive experience, capacity, qualifications as well as extensive distribution network with modern technology and synthetic engine oils from the world's best Group III base oils YUBASE of SK ZIC, we will provide Vietnamese consumers with more optimal options, in line with current needs and future development of society.”

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