MAG Lubricants announces 37 per cent growth in 2016

MAGMAGLUBE executives at the success event. (Image source: MAG)MAG Lubricants celebrated its ongoing success recently in Abu Dhabi

At the event, CEO MAG Lubricants Mahmoud Al Theraawi addressed 150 customers and distributions from all over the world. He said, “MAG Lubricants grew up to 37 per cent in 2016 over the previous year and is looking to double our business within two years. We would like to thank you for your confidence in the brand and our product.”

He then continued to talk about the company achievments. “Our results compare very well with the global norm of two per cent growth per year. We now sell MAG products to 50+ countries around the world. We have been in the MENA region and in Africa for four years, in addition to a strong presence in Europe and South East Asia and have now entered UK, China and Australia markets.”

Director for sales and marketing, Joginder Dahiya, added, “MAG lubricants success is significant in today’s economic landscape. We owe this to our highly experienced, quality team, our strong network of distributors, and our high quality plant in a premium location which has built our distributors and partners confidence and trust in our brand. We have had a clear cut global strategy with a focused approach on markets, segments, and positioning to participate and win in the market place.”

MAG lubricants line of products were introduced in 2013 and the range now includes all synthetic products for petrol, diesel, gear oils, coolants, greases, brake fluid, ATF and Industrial grades. The range have API and OEM approvals from Porsche, Volkswagen, Mercedes Benz, Renault, VOLVO, Scania, MACK, NMMA, etc. They are also ISO 9001,14001 & 18001 certified. The MAG lubricants plant is approved by Emirates Authority for Standardization & Metrology and undertakes third party blending for large MNCs and state oil companies.

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