PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: DANA Group

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

DANA Group Dubai Acquires Apex Lubricants and Enters Base Oil Trading - Dana Group Dubai Acquires Apex Lubricants and enters Base oil trading, automotive lubricants blending and caters to Africa, CIS countries and South Asia expanding Dana Group's lubricant, grease and base oil business
DANA Group Dubai Acquires Apex Lubricants and Enters Base Oil Trading

 

NewswireToday - /newswire/ - Dubai, UAE, United Arab Emirates, 2015/02/24 - Dana Group Dubai Acquires Apex Lubricants and enters Base oil trading, automotive lubricants blending and caters to Africa, CIS countries and South Asia expanding Dana Group's lubricant, grease and base oil business.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Last year Dana Group had acquired Apex Lubricants, based in Al Jurf 2, Ajman for an undisclosed amount to form Dana Lubricants Factory LLC. The acquisition involved the transfer of all assets, including land, manpower, machinery, order books and goodwill from Apex Lubricants to Dana Lubricants Factory LLC. The venture is now highly successful as Dana Group is now trading high volumes of Base Oil for South Asia, Africa and the GCC Region and also manufacturing and blending all automotive lubricants.

“The decision to acquire Apex Lubricants was mainly driven out of the demand we saw from India, where we already have big operations in other sectors. Based out of the UAE, it made perfect sense for us to cash in on this opportunity. We had known Apex Lubricants owners for long, so we knew it would be a smooth transition in terms of change management” Dr Dana Chairman, Dana Group said. He further added,“I think we entered this industry at the right opportune moment as oil has practically reached its bottom and we are booking base oil for a lot of big importers based out of India, Pakistan, Bangladesh, Africa and we are also supply Base oil locally to the Middle East and GCC region”.

Currently Dana Group is trading Base oil (SN500 and SN150) as well as manufacturing all sorts of automotive lubricants for the African, CIS region and Asian subcontinent. Dana Group (danagroups.com) has a Base oil storage facility of 5000MT in Hamiryah Free Zone and a production capacity of 500MT/day for all kinds of automotive lubricants. Dana Lubricants Factory marketing Team is currently on a trip to Africa, where they will participate in local Lube exhibitions and visit important clients in Congo, Mali, Ghana, Kenya, Tanzania and Ethiopia. Dana Lubricants Factory now has distributors in some of these regions, but Dana Group is also looking forward to have its own presence in some of the key countries by Q2 2015. Ankur Singh, Marketing Manager for Dana Group said “We envision Ethiopia, Ghana, Uganda and Congo as the key places in Africa where we see tremendous growth in terms of the economy and at the same time safe and conducive environment for foreign investments, so we are in final negotiation with the authorities to set up our own base in Ethiopia and Congo by Q2 2015.”

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Manufacturing/Robotics Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Written by / Agency / Source: DANA Group

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Manufacturing/Robotics articles,
CATCH Visitors via Your Competitors Announcements!


DANA Group Dubai Acquires Apex Lubricants and Enters Base Oil Trading

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: DanaGroups.com 
+971 4 2217273 ruchi[.]danagroups.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any DANA Group securities in any jurisdiction including any other companies listed or named in this release.

Manufacturing/Robotics via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From DANA Group / Company Profile


Read Manufacturing/Robotics Most Recent Related Newswires:

Borealis and NOVA Chemicals Enter Preliminary Agreement with Total to Meet Growing Global Demand for Polyethylene
PPG to Highlight ENVIROCRON High Transfer Efficiency (HTE) Coatings At Powder Coating 2017 Conference
Rockwell Automation Addresses Digital Transformation and Industrial IoT Opportunities at Hannover Messe 2017
BASF Launches APEX - Next Generation Latex Binder
BASF Leather Chemicals Business to Become Part of Stahl Group
New Factory in Kuwait Consolidates Hempel’s Position as Market Leader in the Middle East
Voith Introduces SkySoft Creping Blade with Ceramic Coating Helps to Increase Tissue Productivity
BASF Licenses CRISPR-Cas9 Genome-editing Technology from the Broad Institute
Outokumpu and Sidenor to Partner in Sales of Prodec High Machinability
ADVA Optical Networking and Corning Showcase 100G Direct Detect Solution for Ultimate DCI Efficiency
OFS Announces Higher DWDM Capacity Over TeraWave™ ULL Optical Fiber with Nokia Commercial Ultra-Wideband C+L-Band System at OFC 2017
ADVA Optical Networking Unveils Industry First with 600Gbit/s per Wavelength DCI Technology
LANXESS Introduces New Sustainability in the Tanning Process
EANTC Tests Confirm Unique NFV Benefits of ADVA FSP 150 ProVMe
PPG Debuts TOUCHMIX XI Touchscreen Computer

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)