Business Daily Media

The Times


.

IVECO and PETRONAS Lubricants International Renew Long-Standing Partnership to Advance Commercial Vehicle Innovation

  • Exclusive Co-Development: The partnership covers the exclusive supply and co-engineering of the IVECO URANIA and IVECO TUTELA ranges – the only fluids officially recommended by IVECO
  • Network Support: PLI will strengthen support for IVECO's European dealer network, driving customer value, reliability, and total cost-of-ownership (TCO) optimisation
TURIN, ITALY - Media OutReach Newswire - 9 July 2026 – IVECO, one of Europe's leading commercial vehicle manufacturers, and PETRONAS Lubricants International (PLI) have officially renewed their long-standing strategic partnership for an additional five years.

The agreement extends the partnership through 2032, reinforcing a collaboration that has driven innovation, performance, and sustainability in the commercial transport sector for more than 50 years.

PETRONAS Lubricants International and IVECO renew their strategic partnership through 2032, marking over 50 years of collaboration
PETRONAS Lubricants International and IVECO renew their strategic partnership through 2032, marking over 50 years of collaboration

The renewal ensures the continued supply and joint engineering of a comprehensive range of lubricants designed for commercial vehicles. From advanced engine oils to transmission fluids, brake fluids and coolants, PLI and IVECO will continue to formulate solutions specifically engineered to meet the demanding operational requirements of IVECO's commercial vehicle portfolio across Europe.

A Legacy of Technical Excellence

This milestone reflects the sustained success of the co-branded IVECO URANIA engine oils and IVECO TUTELA technical fluids, developed through decades of joint R&D and a shared commitment to delivering high-performance, energy-efficient solutions that maximise vehicle uptime and extend component life. The ranges are also the only fluids recommended by IVECO.

The partnership's rapid pace of innovation was recently highlighted by the launch of Urania Next 0W-16. This breakthrough –the first SAE 0W-16 engine oil developed specifically for heavy-duty applications – delivers exceptional fuel efficiency, reduced CO emissions, and extended oil drain intervals. Furthermore, the formulation is Euro 7 ready, supporting improved efficiency and emissions performance for IVECO's latest generation of engines.

Domenico Nucera, Chief Quality & Operations Officer, Iveco Group, commented, "The renewal of the agreement with PETRONAS Lubricants International confirms the strength of a long-standing collaboration built on shared technical expertise and a common ambition to continuously improve performance, efficiency, and sustainability across our vehicle and powertrain portfolio. Through the co-engineering of our IVECO URANIA and IVECO TUTELA ranges, we are able to deliver solutions that maximise vehicle uptime, optimise total cost of ownership, and support our customers and dealer network with the highest standards of quality and reliability."

Driving Dealer and Customer Value

The renewed agreement also places a strategic focus on the IVECO dealer network. Beyond providing cutting-edge products, PLI will implement targeted initiatives aimed at strengthening dealer engagement and reinforcing customer awareness of IVECO's officially approved lubricants. These initiatives are expected to support dealer business growth across European markets, while helping customers benefit from enhanced vehicle reliability and optimised total cost-of-ownership.

Domenico Ciaglia, Group Chief Strategy & Transformation Officer of PETRONAS Lubricants International (PLI), said: "This partnership renewal demonstrates what can be achieved through a long-term forward-thinking collaboration, with consistency, and a shared commitment to excellence. Through continuous product innovation, we have been able to co-develop market-leading solutions such as the Urania Next 0W-16 engine oil formulation, seamlessly integrated into IVECO's ecosystem. This collaboration enables us to deliver greater value to the industry by combining our expertise and driving innovation together.

Looking ahead, PETRONAS Lubricants International remains fully committed to supporting the IVECO Group with forward integrated reliable, high-performance products and solutions that create lasting value for its network and customers.

This renewed collaboration further reinforces the foundation of PLI's broader strategic roadmap, demonstrating how technical excellence and trusted partnerships can drive sustainable, long-term value internationally."
Hashtag: #PETRONASLubricantsInternational #PLI #IVECO #industrial #lubricants #technology

The issuer is solely responsible for the content of this announcement.

PETRONAS Lubricants International (PLI)

PETRONAS Lubricants International (PLI) is the global lubricants manufacturing and marketing arm of PETRONAS, Malaysia's dynamic global energy group. Established in 2008, PLI manufactures and markets a full range of high-quality automotive and industrial lubricant products in over 100 markets internationally. Headquartered in Kuala Lumpur, PLI also has offices around the world including Turin, Belo Horizonte, Beijing, and Chicago. PLI is the technical resource behind PETRONAS' partnership with the Mercedes-AMG PETRONAS Formula One Team, responsible for the design, development and delivery of the Fluid Technology Solutions™, which includes customised lubricants, fuels and transmission fluids to power the Silver Arrows.

We are a progressive energy and solutions partner, enriching lives for a sustainable future. Our commitment remains to conduct and grow our business in ways that contribute positively to society and the environment.

PLI is driving an aggressive business growth agenda as one of the leading global lubricants companies at the forefront of the industry, providing custom-made solutions for every need. For more information, please visit .

News from Asia

Cambodian secondary school championing environmental practices wins US$15,000 AIA Outstanding Health & Sustainability Award 2026

KAMPOT, CAMBODIA - Media OutReach Newswire - 9 July 2026 - Angchum Lower Secondary School – a secondary school in Kampot, Cambodia, which has launched a "Plastic Free School" campaign and is champ...

SNP and Palantir form strategic partnership to accelerate secure SAP transformations

SNP builds on Palantir platforms to deliver new AI-powered solutions for solving mission-critical customer challenges The partnership will build on SNP's strong base with more tha...

FEV collaborates with Microsoft on efficient AI model approach for in car applications built on NVIDIA

AACHEN, GERMANY - Newsaktuell - 9 July 2026 - FEV is collaborating with Microsoft to integrate powerful, in-vehicle Generative AI capabilities built on NVIDIA GPU-accelerated compute and AI model m...

Thailand’s BOI Approves $688 Million Nestlé Investment for AI-Driven Regional Coffee Hub

BANGKOK, THAILAND - Media OutReach Newswire - 9 July 2026 - The Thailand Board of Investment (BOI) approved on 8 July a USD 688 million (23 billion baht) investment by Nestlé (Thai) Co...

Sapu Nano Successfully Completes Initial Safety Cohort of Phase 1b SP-03-B101 Trial; Independent Safety Review Committee Recommends Dose Escalation and European Expansion Underway

SAN DIEGO, US - Media OutReach Newswire - 9 July 2026 - Sapu Nano (US) LLC, a clinical-stage biotechnology company developing the proprietary Deciparticle™ nanomedicine platform, today announced t...

Dusit International expands ASAI Hotels pipeline in Thailand with new lifestyle hotels in Hat Yai and Phuket

Designed for today’s experience-driven travellers, the locally inspired hotel brand will bring its distinctive blend of thoughtful design, meaningful connections, and neighbourhood experiences to t...

Keeper Security surpasses $225M in ARR with transformative growth and is emerging as the market standard for AI-native identity security

Compelling path to $1billion ARR and public offering, fueled by product market fit in the agentic AI age, explosion of identities and related threats, and accelerating growthSINGAPORE - Media OutR...

SNP introduces Kyano Lorna to redefine enterprise data transformation

New agentic AI layer significantly accelerates secure SAP transformations, supporting customers and partners throughout the entire SAP data transformation lifecycle The innovative...

HMG and OncoCare Sign "Pan-Asian Strategic Cooperation Agreement" Joining Forces to Build a "Pan-Asian Closed-Loop Medical Ecosystem" to Provide One-Stop, Full-Cycle Care for Cross-Border Cancer Patients

HONG KONG SAR - Media OutReach Newswire - 9 July 2026 - HealthMutual Group (HMG), a leading healthcare management group in the Asia-Pacific region, and OncoCare , a subsidiary of the international...

CGTN: Navigating the South China Sea Before GPS

BEIJING, CHINA - Media OutReach Newswire - 9 July 2026 - Ten years after the South China Sea arbitration, CGTN has published an article exploring the story of the Genglubu – a handwritten navigat...

Selling a Small Business in Australia: Understanding the Capital Gains Tax Concessions

For many Australian business owners, selling a business represents the reward for years—sometimes decades—of hard work. Unlike employees who may bu...

Australian businesses lean into global strategic partnerships (GCCs) for next wave of outsourcing

The Australian corporate landscape is undergoing a fundamental transformation in how it sources talent and innovation. While businesses have traditi...

The New Pressure Gap Crushing Small Businesses

Starting any business and making it prosper is a major undertaking. Part of the challenge is managing the uncertainty, but the financial pressures o...

Click Frenzy returns with a free EOFY sale event for retailers this month

New owners Gabby and Hezi Leibovich bring back Australia’s leading ecommerce sales event with Australia Post as Major Sponsor   Click Frenzy is ...

The 95 Per Cent Failure Rate Is Not An AI Problem

Most Australian SMEs I speak with are already having a go at AI. Some are running formal pilots, others have a team member quietly experimenting o...

New AR tech helping to solve field service skills crisis

AI-enabled augmented reality (AR) smart glasses are emerging as a new practical solution to fill a shortage of field service technicians maintaini...