Media OutReach
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.
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 CO₂ 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 
www.pli-petronas.com.
Now in its second year, The Payments Power 50 recognises 40 companies and 10 industry influencers making a meaningful contribution to one of the most competitive areas of financial services.
The 2026 list comes at an important moment for payments. Merchants are looking to improve approval rates and customer experience, providers are balancing fraud, resilience and regulation, and banks and fintechs are exploring new ways to support open banking, cross-border payments, digital wallets, embedded finance and settlement.
XTransfer has been recognised for its state-of-the-art work in cross-border B2B trade payments, connecting SMEs with top-tier financial institutions to enable secure, compliant collections and payouts across key trading corridors and emerging markets. Serving more than 890,000 registered SMEs globally, XTransfer helps businesses improve payment efficiency and reduce operational friction in international transactions.
Bill Deng, Founder and CEO of XTransfer, said, “Being recognised in The Payments Power 50 is a meaningful milestone for our team and a validation of our long-term mission: to make cross-border trade payments simpler, safer and more accessible for SMEs worldwide. We will continue to invest in compliance and product innovation, and deepen collaboration with financial institutions to help more businesses trade globally with confidence.”
Jason Williams, CEO of The Power 50, said, “We’re proud to recognise XTransfer as part of this year’s cohort. The Payments Power 50 is designed to celebrate the companies and individuals driving the industry forward, bring the payments community together and give those shaping the sector a platform throughout the year. Congratulations to XTransfer and everyone included in The Payments Power 50 2026.”
Hashtag: #XTransfer
https://www.xtransfer.com
https://www.linkedin.com/company/xtransfer.cn
The issuer is solely responsible for the content of this announcement.
About The Power 50
The Power 50 is a media platform and networking hub for the most influential, innovative and powerful figures in payments and fintech. Its annual guides reveal the most influential, innovative companies and visionary personalities shaping their industry.
About XTransfer
XTransfer, the world’s largest B2B cross-border trade payment platform with over US$60 billion TPV in 2025, according to CIC. Founded in 2017 as one of the first payment platforms worldwide dedicated to B2B cross-border trade, we serve the largest customer base of over 890,000 registered SMEs globally.
We connect top-tier financial institutions directly to SMEs, the backbone of global trade, giving businesses of every size access to the same secure, compliant and seamless payment infrastructure once reserved for multinationals. As of March 31, 2026, we provide payment services across more than 200 countries and regions through partnerships with financial institutions, including some of the most established international banks around the world.
XTransfer has obtained required licenses in major hubs, including the Chinese Mainland, Hong Kong, the United Kingdom, the United States, Singapore, the Netherlands, Australia and Canada.
For more information, please visit: https://www.xtransfer.com
The Taolu World Cup is one of the six flagship official events of the IWUF (International Wushu Federation) and stands as the highest-level and most influential elite professional competition in the global taolu discipline. This November, wushu will make its historic debut as an official medal sport at the Dakar 2026 Youth Olympic Games, marking the first time this traditional Chinese martial art has been incorporated into the Olympic sports program.
This event marked the first high-level international wushu single-discipline competition hosted by Hainan since the inception of the Hainan Free Trade Port. It attracted 206 athletes, team leaders, and coaches from 29 countries and regions worldwide, including 117 elite competitors. Ultimately, athletes from 18 countries and regions secured medals with their outstanding competitive performances.
Leveraging the unique geographical and policy advantages of the Hainan Free Trade Port, combined with visa-free access for citizens of 86 countries and the 240-hour transit visa-exemption policy, overseas participants, technical officials, and media personnel have enjoyed fast-track customs clearance. Meanwhile, specialized competition equipment has benefited from zero-tariff treatment and simplified cross-border customs clearance procedures.
Hainan boasts a rich and distinctive wushu culture. Through centuries of inheritance and development, it has integrated the essence of various martial arts schools and blended them with local island folklore and regional characteristics to form a unique “Qiong-style” wushu system. Two counties and one city in Hainan, namely Tunchang, Qiongzhong, and Wanning, have been designated as “National Wushu Hometowns,” reflecting a deep-rooted local tradition of martial arts appreciation. Indigenous fighting styles such as the Li ethnic group’s Li Family Fist, Tunchang Pochen Five-Form Stakes, and Wanning Mazai Kung Fu have been passed down through generations, standing as treasured gems of Hainan’s folk culture.
During the event, Hainan concurrently hosted the inaugural Hainan International Wushu Culture Month event, featuring multiple “wushu + tourism” travel routes. These activities allowed domestic and international guests to enjoy Hainan’s island scenery and duty-free shopping benefits while taking in high-level wushu competitions.
Looking ahead, Hainan will continue to deeply integrate wushu elements into its sports-tourism product system, developing a range of wushu-themed tourist destinations, study and research bases, and signature events. This will make “spectator travel” a new model for Hainan’s cultural tourism. At the same time, Hainan will continue to promote the hosting of various international wushu competitions, training camps, professional development programs, and cultural exchange activities, attracting wushu enthusiasts and professional teams from around the world to compete, train, and study in Hainan, with the goal of establishing the island as a global hub for wushu development and cultural exchange.
Separately, the 43rd Executive Committee Meeting of the IWUF has decided that Haikou City in Hainan Province will host the 12th Sanda World Cup.
Hashtag: #IWUF
The issuer is solely responsible for the content of this announcement.
Partnering on Green, Low-Carbon and Digital Transformations to Explore Sustainable Shipping, Logistics, and Global Supply Chains
HONG KONG SAR – Media OutReach Newswire – 9 July 2026 – At the Shenzhen Port Global Supply Chain High-Quality Development Conference 2026, TCL Industries, a global leader in consumer electronics, and Hutchison Ports Holdings Limited (Hutchison Ports), the world’s leading port investor, developer, and operator, announced the signing of a Memorandum of Understanding (MoU). Guided by the shared vision of “Benefitting from New APEC Opportunities, Forging a New Future for Port and Shipping Cooperation”, the two parties will establish a closer strategic partnership. Focusing on carbon reduction and digital transformation, TCL Industries and Hutchison Ports will leverage their respective strengths in smart technology, new energy, and global port networks to jointly drive green and sustainable development across the global shipping and logistics sectors.
At a time when global supply chains face the dual demands of environmental challenges and efficiency upgrades, this cross-sector collaboration serves as a significant benchmark for the industry. Under the MoU, the parties plan to engage in deep exchange, cooperation, and knowledge-sharing across three core areas:
- Exploring Emission Reduction Opportunities: Jointly researching carbon reduction solutions across the logistics supply chain to collaboratively address the challenges of global climate change.
- Planning and Developing Green Port Infrastructure: Integrating cutting-edge clean energy and energy-saving technologies to co-develop next-generation green ports, thereby reducing the overall environmental footprint of port operations.
- Accelerating Comprehensive Digital Transformation: Leveraging big data, the Internet of Things (IoT), and Artificial Intelligence (AI) to optimise the synergistic efficiency of the port and logistics ecosystem, empowering green initiatives through digital technology.
Weiguo Shi, Vice President of TCL Industries, said “This powerful partnership with Hutchison Ports represents a major milestone in our mission to empower the global shipping and logistics ecosystem through intelligent technology and new energy solutions. We will fully leverage our deep expertise in digital transformation and clean energy to work alongside Hutchison Ports, driving the entire industry towards a higher-quality, more sustainable new era.”
Eric Ip, Group Managing Director of Hutchison Ports, said “We are delighted to enter into this forward-looking strategic partnership with TCL Industries. Hutchison Ports is committed to leading the green transition of the port industry. By joining forces with TCL Industries, we look forward to accelerating the integration of green infrastructure and digital technologies, ultimately providing more sustainable and intelligent solutions for our customers and global supply chains.”
The signing of this MoU marks a solid step forward for TCL Industries and Hutchison Ports in addressing the sustainability challenges of global supply chains. Moving forward, both parties will establish regular communication mechanisms to steadily advance and implement their shared objectives, contributing to the development of a zero-carbon, smart global logistics ecosystem.
Hashtag: #TCL #HutchisonPorts
The issuer is solely responsible for the content of this announcement.
About TCL
Founded in 1981, TCL is committed to “Building a Sustainable and Connected Future with Advanced Technology,” dedicated to empowering a smart, healthy lifestyle by enabling next-generation intelligent experiences. TCL Industries encompasses a wide range of smart consumer electronic products and services, including smart displays, smart home appliances, innovative businesses, and home internet solutions. Additionally, the Company is actively developing other ventures such as ecotechnology, industrial park management, smart manufacturing, and industrial financing.
In the future, TCL Industries will continue to forge close partnerships with global allies to play a substantial role in globalization and offer a smarter experience to users worldwide through its smart-connected ecosystem. The Company will further enhance its investment in R&D, serving as a driving force behind technological innovations. TCL Industries will concentrate on penetrating the mid-high-end market and capitalizing on emerging business prospects. Additionally, as a responsible corporate citizen, the Company will actively promote green and sustainable development.
About Hutchison Ports
Hutchison Ports is the ports and related services division of CK Hutchison Holdings Limited. Hutchison Ports is the world’s leading port investor, developer and operator with a network of port operations in 53 ports spanning 24 countries throughout Asia, the Middle East, Africa, Europe, the Americas and Australasia. Over the years, Hutchison Ports has expanded into other logistics and transportation-related businesses, including cruise ship terminals, distribution centres, rail services and ship repair facilities.
In 2025, Hutchison Ports handled a combined throughput of 90.1 million TEU.
