Neft Alsharq Co. for Chemical Industries Announces the Signing of an Exclusive Agency Agreement for German “Divinol” Lubricants in the Kingdom of Saudi Arabia and the Syrian Arab Republic

Zeller+Gmelin is a globally recognized company specializing in the development and manufacture of specialty lubricants. Founded in 1866, the company has more than 150 years of experience and a distinguished industrial heritage in delivering advanced, high-quality solutions serving various industrial and commercial sectors worldwide.

This agreement aligns with Neft Alsharq Co. for Chemical Industries’ strategy to strengthen its product portfolio and expand its business scope by representing reputable international brands, supporting the company’s growth, enhancing its competitive position, and expanding its presence in regional markets.

The agreement is expected to contribute positively to the company’s revenue growth and diversification of income sources in the coming periods, in line with the company’s expansion plans and its efforts to strengthen strategic partnerships.

The company confirms that there are no related parties involved in this agreement.