26.11.2015 08:00:17

Telko expands its Automotive Unit's product range with Castrol automotive motor oils

ASPO Plc/Telko Ltd           PRESS RELEASE             26.11.2015

Telko expands its Automotive Unit's product range with Castrol automotive motor oils

Telko Ltd, part of Aspo Group, has had a long term cooperation with Castrol with respect to industrial lubricants. Telko and Castrol have signed a new agreement widening the cooperation to incorporate Castrol's automotive motor oil product range. Telko will represent Castrol's auto-motive motor oil products on the Finnish market from the beginning of 2016.

"The product range of Telko's Automotive Unit's has included earlier coolants, screen wash fluids and anticorrosion products. Market leader Castrol's automotive and heavy duty motor oil lubricants will increase significantly Telko's Automotive Unit's product range and sales. Due to this increase in product range we will invest significantly more in local sales and customer service from the beginning of the year 2016", comments Telko's CEO Kalle Kettunen.

For further information, please contact: Kalle Kettunen, CEO, Telko Ltd, tel.: +358 9 521 7201 kalle.kettunen(a)telko.com

Telko is the leading expert and supplier of plastic raw materials and industrial chemicals in the Baltic Sea region. Business is based on the representation of the best international principals and on the expertise of the personnel. In 2014, Telko's net sales were EUR 227 million. The company operates in 17 countries. Telko is one of Aspo Group's strong corporate brands.
www.telko.com

Aspo is a conglomerate that owns and develops business operations in Northern Europe and growth markets focusing on demanding B-to-B customers. Our strong company brands - ESL Shipping, Leipurin, Telko and Kaukomarkkinat - aim to be the market leaders in their sectors. They are responsible for their own operations, customer relationships and the development of these. Together they generate Aspo's goodwill. Aspo's Group structure and business operations are continually developed without any predefined schedules. www.aspo.com




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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Aspo Oyj via Globenewswire

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