PSP Energy Berhad (“PSP Energy” or the “Group”), an established provider of commercial fuel, bunkering and lubricants solutions in Malaysia, today announced that its wholly-owned subsidiary, PSP Lubricants (M) Sdn. Bhd. (“PSP Lubricants”), has been appointed as an Authorised Distributor of Sinopec Lubricant Co. Ltd. (“Sinopec”) for Perak and East Coast Malaysia (Kelantan, Terengganu and Pahang).
The appointment reinforces the Group’s position within Malaysia’s downstream energy value chain and represents a strategic milestone in the Group’s efforts to expand its lubricants business. Through the authorisation, PSP Lubricants will be responsible for the sale and distribution of Sinopec lubricant products across the designated territories, supporting customers in industrial, transportation, commercial and other key sectors.
Sinopec is one of the world’s largest energy and petrochemical groups, with its lubricant division supplying a comprehensive range of automotive, industrial and speciality lubricant products to customers across multiple markets. The distributorship provides PSP Lubricants with the opportunity to broaden its product portfolio while enhancing its ability to serve customers seeking reliable lubricant solutions from an established international brand.
The appointment also complements the Group’s ongoing initiatives to strengthen its presence within the lubricants segment. As part of its growth strategy, the Group has been expanding its geographic reach and operational capabilities to support rising demand for quality lubricant products across Malaysia, particularly in underserved regions outside major urban centres.
Mr. Ong Chee Seng, Group Managing Director of PSP Energy Berhad, said, “The appointment marks an important step in strengthening our lubricants business and expanding our presence in key regional markets. Sinopec is a recognised global brand with an extensive range of lubricant products, and we are pleased to partner with them to better serve customers across Perak and the East Coast states. By leveraging PSP Energy’s established distribution network, industry experience and customer relationships, we believe the partnership will further strengthen our downstream energy solutions offering.”
The Group remains committed to strengthening its integrated downstream energy solutions platform through strategic partnerships, operational expansion and continuous enhancement of its product offerings. The addition of the Sinopec lubricants distributorship is expected to further support the Group’s efforts to deepen customer engagement and capture growth opportunities within Malaysia’s lubricant market.
