B.Grimm/Petronas tie up to explore opportunities in Thai energy market
Energy conglomerate B.Grimm Technologies and Malaysia’s Petronas Lubricants International entered into a partnership to leverage mutual business strengths and capitalise opportunities to develop the lubricants market in Thailand. This partnership is a first step to future collaborations between B.Grimm and the Petronas Group on multiple avenues including new energy solutions in Thailand and the Southeast Asia market, the companies add.
Operating in Thailand for 140 over years, B.Grimm is a multinational conglomerate active in energy, industrial businesses, healthcare, digital solutions, lifestyle and capital investment. Its subsidiary, B.Grimm Power, provides power generation and renewable power supply to industrial estates in Thailand. Meanwhile, Petronas Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of Petronas, Malaysia’s global energy group. PLI manufactures and markets a full range of automotive and industrial lubricant products in over 100 markets internationally.
Kitti Pattanaleenakul, President of B.Grimm Industrial Businesses, emphasised that “B.Grimm currently provides high-quality energy supplies and industrial solutions to various industrial estates across Thailand. These industrial customers require a substantial volume of lubricants for applications including manufacturing, construction, electricity generation, and more. B.Grimm recognises the opportunity to collaborate with Petronas to offer a comprehensive one-stop solution, covering lubricant supply and related services.”
Khalid Latiff, Regional Managing Director Asia, Petronas Lubricants International commented, “Thailand is a key strategic growth market as we expand our Fluid Technology Solutions offerings that will benefit our customers in the country.”
This strategic collaboration represents an important effort by the two companies to provide the best to the Thailand market for lubricants and industrial solutions, add the companies.
