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Sunday, May 5, 2024

ExxonMobil projects 10% sales rise in Thailand’s lubricants market

Image courtesy of ExxonMobil

ExxonMobil Marketing, Thailand, projects a 10% rise in sales of its flagship product, Mobil 1 lubricants, this year, ensuring its continued role as a prominent player in the finished lubricants and chemical marketing industry in Thailand.

This follows Bangchak Corporation’s acquisition of a 65.99% stake in oil retailer Esso (Thailand) Plc from ExxonMobil Asia Holdings Pte last year, consequently leaving Esso with only the finished lubricant and chemical marketing businesses managed by ExxonMobil Marketing.

Manoch Munjitjuntra, the director of ExxonMobil Marketing and lubricant sales manager, set out his targets.

“We are targeting 10% growth for our flagship products, Mobil 1, and expanding the Mobil Super customer base.”

Introduced in 1974, Mobil 1 is the first full synthetic engine oil aimed at high-performance car drivers, while Mobil Super is…

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