InternationalInternational Economics

Lubricants market under the control of Iranol oil


Company News; According to a published report, Iranol Oil Despite a 28-day overhaul, the product line managed to improve its market share among other lubricants in the country by 3.3% compared to the same period last year and maintain its position at the top.

Iranol broke the record

Iranol Oil Company was able to produce 62,568 cubic meters of various products in September, this amount has increased by 19% compared to the average production of previous months.

The sales performance of Iranol oil was 62,860 cubic meters, which shows a 21% increase in sales compared to the average sales of previous months.

Also, the sales amount of Iranol Oil Company has increased by 42% compared to the same period of the previous months.

Record historical domestic market share in September (equivalent to 44%)

In September 1400, Iranol Oil succeeded in gaining a 44% share of the domestic market with a significant distance from its 3 rival companies.

Total domestic sales of 4 main lubricant companies based on the information contained in the system Kadal The number was 117,808 cubic meters of various oils and lubricants that Iranol Oil Company with domestic sales of 52,382 cubic meters was able to occupy half of the domestic market share by the end of summer.

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