Interocean Lubricants Unveils Strategic Expansion in Jaffna with Sinopec

January, 31, 2024

Interocean Lubricants (Pvt) Ltd., Sri Lanka’s exclusive distributor and national nominee in Sri Lanka, Maldives and India for Sinopec, a global leader in lubricants, proudly announced the official launch of its distribution network expansion in Jaffna. The momentous event took place at the prestigious North Gate Hotel, marking a significant milestone in the company's commitment to providing high-quality lubricant solutions to the northern regions of Sri Lanka.

The launch ceremony was graced by the presence of esteemed dignitaries, including Mr. Arthur Cheng Anxiang – Deputy General Manager of Sinopec Fuel Oil Lanka (Pvt) Ltd., Mr. Scott Shi – Business Supervisor of Sinopec Energy Lanka (Pvt) Ltd., Mr. Jayashantha Thotahewage – Director/Chief Executive Officer of Interocean Lubricants (Pvt) Ltd., Hon. Charles Nirmalanathan – Member of Parliament, Mr. Thanabalasingam Jayaseelan – Jaffna Municipal Commissioner, Mr. Chamly Palihena – Police Headquarters Inspector of Jaffna, and Mr. Suranga Premaratne – Traffic OIC Jaffna.

The event also saw the participation of key regional stakeholders, including Sinopec Lubricant distributors, Sinopec Fuel Station owners, customers, and service technicians, reflecting the collaborative efforts to strengthen the lubricant distribution network in the region.

Elaborating further on the expansion, Jayashantha Thotahewage, Director-CEO of Sinopec Lubricants Sri Lanka stated “We have already established a robust distribution network with 20 distributors across all provinces, and the expansion into Jaffna signifies the company's commitment to reaching every corner of the country. The diverse product portfolio delivers unmatchable lubrication solutions that optimize the performance of any vehicle, delivering enhanced power and durability on the road throughout. Our product range includes Justar (J Series) passenger car motor oil (PCMO), Tulux (T Series) Diesel engine oil (DEO), X series motorcycle engine oil (MCO), gear & industrial oils, hydraulic oil, greases, tractor oil, marine oil, and transformer oil – all meeting the highest international standards and quality. “

“The significance of the distribution network's expansion to Jaffna, attributes its success to the unwavering commitment and hard work demonstrated by the company's dedicated team. This move reflects not only a strategic business decision but it’s also a demonstration of the company's confidence in the outstanding quality and standards maintained by the Sinopec products featured in its portfolio.” Thotahewage added.

Sinopec, the 2nd largest energy company in China and ranked 6th in the Fortune Global 500 companies, is the largest high-tier lubricant manufacturer and marketer in China. With a production capacity of over 1.46 million tons of packaged lubricants per year, Sinopec's global presence includes 5 regional sales centres across China, numerous sales subsidiaries worldwide, 11 lube oil & grease blending and manufacturing branches in China, and 1 branch company in Singapore. The integration of manufacturing, research, storage, transportation, sales, and service makes Sinopec a reliable partner in the lubricant industry.

The expansion into Jaffna is aligned with Interocean Lubricants' mission to provide quality lubricant solutions to all corners of Sri Lanka and beyond, ensuring that consumers in the

northern regions have easy access to world-class products. This strategic move reinforces the company's commitment to excellence and strengthens its position as a leading distributor of Sinopec lubricants in the region.