Total Lubrifiants, a leading player in the global lubricants market and ArcelorMittal, the world’s leading steel and mining company, has signed a three-year European supply agreement related to the purchase of a complete range of maintenance lubricants, technical support and associated services.
The deal, signed on September 8, marks more than 20 years of partnership between both Groups. It ensures the security of supply, enjoying the benefits of Total’s worldwide presence. The core of the agreement concerns highly efficient lubricants which increase the reliability of steelmaking equipment. The agreement optimizes the cost, including the cost of maintenance operations and the lifecycle of key assets and equipment, minimising downtime and production losses. The collaborative approach of both companies reflects perfectly ArcelorMittal’s strategy to be the most efficient and competitive producer of steel products.
“Today, we expect from our partner not only favourable commercial conditions, but also lubrication improvement programs to increase the productivity of our assets. Total Lubrifiants is a proven partner introducing the Total Cost of Ownership approach,” said Sanjay PANDYA, General Manager of ArcelorMittal, European Procurement Organisation.
“Focusing on the steel industry is a strategic choice for Total Lubrifiants made a long time ago. Currently, steelmakers are focused on efficiency and cost reductions. A long-term partnership with ArcelorMittal allows us to introduce new lubrication solutions aimed at equipment efficiency, and increasing the profitability of production sites”, declared Mathieu SOULAS, CEO of Total Lubrifiants.
The partnership of Total Lubrifiants and ArcelorMittal represents a focus on the future and on mutual performance.
About Total Lubrifiants
Total Lubrifiants is a leading global manufacturer and marketer of engine oils and lubricants. It has 41 production plants worldwide and more than 5,800 employees in 150 countries. Total Lubrifiants offers innovative, efficient and environmentally responsible products and services developed by more than 130 researchers at its R&D center. Total Lubrifiants is a partner of choice for the automotive, industrial and marine markets.
Total is a global integrated energy producer and provider, a leading international oil and gas company, and a major player in solar energy with SunPower and Total Solar. Our 98,000 employees are committed to better energy that is safer, cleaner, more efficient, more innovative and accessible to as many people as possible. As a responsible corporate citizen, we focus on ensuring that our operations in more than 130 countries worldwide consistently deliver economic, social and environmental benefits.