Oil Producer Optimistic Lubricant Market Remains Positive This Year

The lubricant market in Indonesia continues to show promising prospects, especially in the automatic motor vehicle segment that continues to record positive growth. This was stated by B2C Sales Director of PT ExxonMobil Lubricant, who remains optimistic about the market development this year. The demand for lubricants in Indonesia, especially for automatic motorcycles, is expected to remain strong. The positive outlook is driven by the increasing number of automatic motor vehicles on the roads in Indonesia, which leads to higher lubricant consumption.