Shell Lubricants Sign Supply Agreement with Egyptian Steel
Shell, the number one global lubricants supplier, and Egyptian Steel, signed on January 3rd, a partnership agreement.
Upon the agreement, Shell has become the exclusive and only lubricants supplier to Egyptian Steel’s plant in Beni Suef, located about 120 km south of Cairo.
The agreement will see the two companies engage in a collaborative partnership that will combine innovative technologies and a wealth of management experience to deliver exceptional results to the consumer.
The signing ceremony was attended by the Egyptian steel tycoon and owner of Egyptian Steel Group, Ahmed Abou Hashima, and Saher Hashem, Managing Director of Shell Lubricants Egypt in addition to the leadership team of the two companies.
At the ceremony, Hashem and Abu Hashima expressed their mutual appreciation with the agreement, adding that they are looking forward to a long-term strategic collaboration.
About Egyptian steel:
Established in 2010, Egyptian Steel Group succeeded to penetrate the steel industry in Egypt. The Group operates with the philosophy of producing safe, high quality products conforming to local and international standards using the latest state-of-art eco-friendly technology with an eye on long-term conservation of resources.
Under the holding company are three well-established companies, Industrial Investment Company (IIC) for Steel Plants Management, National Port Said Steel (NPSS) and Egyptian Steel for Building Materials Trading operating four primary factories.
Steelmaking is one of the most essential sectors in any economy, thus the group believes that its role in this sector is integral to the success of Egypt’s economy. Inspired to meet the continuing growth witnessed in domestic and international demand, the Group is continuing to concentrate on its exporting policy by increasing its productivity continuously to cover domestic and international needs.
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