AD Ports Group signs deal with ADNOC Distribution for global distribution of marine lubricants
AD Ports Group has announced a strategic agreement with ADNOC Distribution that will see its Ports Cluster expand into the global distribution of marine lubricants. Abu Dhabi’s “leading facilitator” of global trade, logistics, and industry, AD Ports Group confirmed the deal with the marine and automotive lubricants manufacturer on Friday.
Route to worldwide trade
The agreement will see the company’s Ports Cluster leverage connections and its advanced infrastructure to distribute “high-demand, global standard” lubricants, to customers in the UAE during the initial stages. This will then be broadened to encompass a global footprint of distribution. The two parties have agreed to jointly work on expanding the global marine lubricants market, acknowledging its significance for the shipping and maritime industries.
Linking UAE with global demand
Saif Al Mazrouei, CEO - Ports Cluster, AD Ports Group, explained that the deal would enable two major global corporations “with vast expertise in their respective fields” to create new opportunities within the marine lubricants market.
“The distribution solutions offered by the Ports Cluster, which now owns or operates 24 terminals globally, adds tremendous value to our partners and stakeholders,” he said. “This collaboration underscores our commitment to delivering unparalleled value to our customers worldwide.”
Accessing multiple markets
ADNOC Distribution’s CEO, Bader Saeed Al Lamki, also welcomed the collaboration with AD Ports Group. “As a leading manufacturer of marine, industrial and automotive lubricants in the UAE, ADNOC Distribution offers an extensive range of lubricant products that perform in any environment,” he commented.
“By signing a strategic agreement with the Ports Cluster we are further expanding the distribution base for our products, gaining access to over 70 international destinations to provide the highest quality lubricants, and facilitating a consistent and trusted supply for our valued customers.”
Global presence
Established in 2006, AD Ports Group says its vertically integrated business approach has proven instrumental in driving the emirate’s economic development during the past decade. It operates several clusters, including economic cities and free zones, and counts 27 terminals in its portfolio. It has a presence in 40-plus countries and more than 550 square kilometres of economic zones within KEZAD Group, the largest integrated trade, logistics, and industrial business grouping in the Middle East.
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