- CEPSA, with Bergé Auto as intermediary, begins the distribution of lubricants in China.
- CEPSA agrees to distribute its products in this Asian market through APSIS, a company belonging to the SAIC Group.
- The agreement is part of the plan for the internationalisation of the business areas of the CEPSA Group.
- For Bergé Auto it represents the expansion of its relations with China’s most important automotive group (SAIC), and the beginning of its activities in the business of international trading.
CEPSA, through its subsidiary CEPSA Lubricants, and with Bergé Auto as intermediary, agrees the distribution of its products in the Chinese market through the company APSIS, which belongs to the SAIC Group. The contract has a duration of 5 years, renewable for an additional five years.
With this agreement, CEPSA Lubricants reaches the Chinese lubricant market, a market that today involves a volume of more than 7 million tonnes per year. This operation forms part of CEPSA’s process of internationalisation. The company, which is building a petrochemical plant in China, diversifies its activities in the country with the export and marketing of lubricants.
To this end, and with the guidance of Bergé Automoción, APSIS brings to this agreement all the capabilities of the SAIC Group, one of China’s largest industrial conglomerates.
The CEPSA Lubricants products to be distributed in China are produced at facilities that the company has in Spain, are formulated according to the latest technologies in the market and are designed in coordination with the world’s leading and most demanding vehicle, engine and machinery manufacturers.