PT Shell Indonesia  hopes to keep lube sales growth at 20%

PT Shell Indonesia recorded an average 20% annual growth on its lubricant sales in the last five years and would like to keep the sales growth at 20% per annum for years to come, said Lubricant Sales Director Hardeep Kirpal-Singh. He said that Shell lubricant sales had been growing above the Indonesian market, which generally grew only by 3 to 4% per annum. Kirpal-Singh said Shell now has a 10% share of the domestic lubricant market and 13.5% globally. (October 7, 2010)