Repsol aims for 4% of lubricant market share in Malaysia

UMW Corporation Sdn Bhd, an international conglomerate that develops industries, said that it expects its Repsol range of lubricants to capture 4% of the lubricant market share in Malaysia by the end of 2012, which will make it one of the leading lubricant brands in the country. The company said it expects sales to increase tenfold this year. UMW now has 300 dealers and the number is expected to reach 500 by the end of 2012. (March 14, 2012)