{"id":627446,"date":"2018-06-03T04:03:28","date_gmt":"2018-06-03T04:03:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/castrol-taqa-to-establish-jv-to-manufacture-and-distribute-engine-oil-in-egypt\/"},"modified":"2018-06-03T04:03:28","modified_gmt":"2018-06-03T04:03:28","slug":"castrol-taqa-to-establish-jv-to-manufacture-and-distribute-engine-oil-in-egypt","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/castrol-taqa-to-establish-jv-to-manufacture-and-distribute-engine-oil-in-egypt\/","title":{"rendered":"Castrol, TAQA to establish JV to manufacture and distribute engine oil in Egypt"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-04\"><\/a> <strong>INVESTMENT WATCH- Castrol, TAQA to establish JV to manufacture and distribute engine oil in Egypt: <\/strong>BP <a href=\"https:\/\/ent.news\/2018\/6\/747.pdf\">announced on Thursday (pdf)<\/a> that subsidiary Castrol will establish a joint venture with Qalaa Holdings\u2019 TAQA Arabia to manufacture and distribute a range of engine oils in Egypt. The new company, Castrol Egypt Oil, will be the sole authorized distributor of Castrol products in the country and will target both the commercial vehicle and passenger car markets. Details on the size of the manufacturing outfit and value of expected investments were not disclosed. The move comes as part of BPs efforts to expand its activities in North Africa, particularly in Egypt, according to BP\u2019s Regional Director for North Africa, Hisham Mekkawi.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>INVESTMENT WATCH- Castrol, TAQA to establish JV to manufacture and distribute engine oil in Egypt: BP announced on Thursday (pdf) that subsidiary Castrol will establish a joint venture with Qalaa Holdings\u2019 TAQA Arabia to manufacture and distribute a range of engine oils in Egypt. The new company, Castrol Egypt Oil, will be the sole authorized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627446","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"a98f5951-c0b1-40cf-b2a0-9a2ecd4a7cc9","order":"0","is_powered_by":true,"section_story_id":"6e896c70-cd9d-44a7-ba50-822f5109a9e4","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627431],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Castrol, TAQA to establish JV to manufacture and distribute engine oil in Egypt - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/03\/castrol-taqa-to-establish-jv-to-manufacture-and-distribute-engine-oil-in-egypt\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Castrol, TAQA to establish JV to manufacture and distribute engine oil in Egypt\" \/>\n<meta property=\"og:description\" content=\"INVESTMENT WATCH- Castrol, TAQA to establish JV to manufacture and distribute engine oil in Egypt: BP announced on Thursday (pdf) that subsidiary Castrol will establish a joint venture with Qalaa Holdings\u2019 TAQA Arabia to manufacture and distribute a range of engine oils in Egypt. 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