Bin Shihon Group Announces Launch of “Eni” Oils in Saudi Markets

Saudi Arabia, July 12, 2024 – In a move that strengthens its leading position in the oils and petroleum derivatives sector, Bin Shihon Group Ltd. has announced the commencement of manufacturing and distributing “Eni” automotive oils across Saudi Arabia’s cities and local markets. This announcement marks the activation of the strategic partnership between the Italian oil giant “Eni” and Bin Shihon Group. The company aims to boost its sales and reinforce its strong competitive edge in the oil market by offering these products in various cities across the Kingdom. This vision is supported by Eni’s prestigious global reputation and Bin Shihon Group’s distinguished local reputation for providing high-quality products.

Mr. Marwan Bin Shihon, Vice Chairman of Bin Shihon Group Ltd., stated: “We are proud to launch the first batch of locally manufactured ‘Eni’ oils in the Kingdom. This partnership with Eni opens new horizons for offering high-quality products to Saudi consumers and enhances our ability to compete in the local market. We believe this step will contribute to strengthening Bin Shihon Group’s reputation as a leading company in providing innovative and high-quality solutions in the automotive services sector, particularly in the engine oils segment. We are keen to partner with one of the largest global companies in the field of engine oils.”

Bin Shihon Group has previously established partnerships in the tire sector with “Hankook,” in automotive batteries with the well-known “Varta” brand, and now with one of the largest global oil companies, “Eni,” to enhance the best products offered in the automotive services sector.

It is worth noting that this partnership is part of Bin Shihon Group’s efforts to reinforce its position as a leader in providing integrated solutions in the automotive services sector. Founded on principles of innovation and quality, Bin Shihon Group consistently strives to deliver the best products and services that meet customer expectations and contribute to sustainable development.

About Bin Shihon Group

Established in 1950, Bin Shihon Group Ltd. has launched a series of leading companies in real estate, automotive, and household goods. The automotive sector of the group includes agencies for global brands in tires, batteries, and oils, in addition to automotive service centers.

About Eni Oils

Eni, a multinational energy company of Italian origin headquartered in Rome, is a major global player in the oil industry, including exploration and refining. The company has long been involved in various fields such as construction, peaceful nuclear energy, mining, chemicals and plastics, machinery distribution and marketing, hospitality, and textiles.