Media OutReach

Mecpec Trading Received Shell’s Best Reseller in the East Award 2024

Published

2 months ago

26/05/2025

SINGAPORE – Media OutReach Newswire – 26 May 2025 – Mecpec Trading Co Pte Ltd, a distributor of petroleum-related products, was awarded the Best Reseller in the East by Shell in 2024. The award was based on Mecpec’s performance as a fuel reseller and its contribution to Shell’s distribution operations in Singapore.

Mecpec Trading Co Pte Ltd Recipient of Shell’s Best Reseller in the East Award

Award Reflects Sales Growth and Market Contribution
Shell presented the Best Reseller in the East award to Mecpec in recognition of its recorded sales and delivery performance in 2023. Over the year, Mecpec achieved a total volume growth of 23%, including a 20% increase in Shell FuelSave Diesel sales. As Shell’s strategic distribution partner, Mecpec leveraged Shell’s Customer Value Propositions (CVPs) to broaden its market reach and effectively serve a diverse range of business sectors.

Commitment to Customer-Centric Solutions
As a fuel reseller, Mecpec supplies petroleum products to help businesses manage operational demands, delivering both cost efficiency and supply assurance. The company adopts a distribution approach that continuously adapts to evolving market conditions and the dynamic needs of its customers.

“We value our strong working relationship with Mecpec Trading for their consistent reliability and deep local market expertise,” said Glenn Chua, Shell Commercial Fuels Singapore Business Manager. “Their commitment to Shell’s standards of excellence has been instrumental in delivering value to our customers.

Mecpec applies its knowledge of petroleum products and market trends to deliver effective supply solutions to meet the diverse needs of companies across different scales and sectors. The company includes diesel refueling services as part of its supply package, along with fuel management solutions that help optimise fuel usage across sectors such as manufacturing, metal processing, and commercial vehicle operations.

Strengthening Distribution Infrastructure
The Best Reseller award acknowledges Mecpec’s ongoing role in supporting Singapore’s fuel distribution infrastructure. As a Shell partner, the company continues to invest in its operational capabilities by combining seasoned management expertise, specialised sales knowledge, and optimised delivery systems to maintain supply chain integrity and support business continuity for its diverse customer base.

For more information, visit www.mecpec.com.sg.
Hashtag: #MecpecTradingCoPteLtd #ShellPartnerAward #FuelReseller

https://www.mecpec.com.sg/
https://www.facebook.com/mecpectrading

The issuer is solely responsible for the content of this announcement.

About Mecpec Trading Co Pte Ltd

Founded in 1978 by Managing Director Philip Oh, Mecpec Trading Co Pte Ltd has grown from a one-man operation into an oil trading company serving businesses across Singapore. Today, it operates a fleet of 25 trucks, supplying Diesel, Lubricants and Air1 AdBlue to organisations islandwide.

The company serves diverse industrial sectors, including construction, fleet and general manufacturing, through integrated refuelling services and petroleum product distribution. With 47 years of industry experience and strong relationships with major oil companies, Mecpec combines technical expertise with responsive service to meet evolving business requirements across Singapore’s industrial landscape.

Media OutReach

Southco Adds New Options To Its E5 Line Of Cam Latches

Published

13 hours ago

17/07/2025

Media Outreach

HONG KONG SAR – Media OutReach Newswire – 17 July 2025 – Southco is adding two new options to its E5 line of quarter-turn cam latches, opening up a variety of new functionalities. E5 cam latches offer affordable simplicity and superior flexibility due to their efficient modular design. New options for these latches include the Protected Cams and adjustable grips. These additions make the E5 line even more versatile than before.

The Protected Cam is an upgrade from existing flat cams, and perfect for those seeking to avoid wear and cosmetic damage that comes from a flat cam scraping against an enclosure frame. The Protected Cam adds a plastic cover to the end of a cam, providing protection from frame damage and smoother actuation. Fixed Grip Protected Cams are compatible with all E5 and H3 latches.

Southco’s next addition provides additional flexibility for its Wing Knob, T-Handle, and L-Handle cam latches. The Adjustable Grip option lets those using E5-9 hand-operated cam latches manually adjust the cam location on each latch. This allows users to freely change the grip strength of the latch, and adjust for variations in frame dimensions. Variability also allows manufacturers to use one latch for multiple frame designs.

These additions open up new possibilities for Southco E5 Cam Latches. Whether you need a durable protected lock for an outdoor latch, or a more compact device for smaller designs, the E5 has you covered. The additions build on the affordable simplicity that the E5 is known for. E5 latches can be easily installed in a single hole, and provide a no-hassle solution for a wide range of applications.

For more information about E5 Cam Latches, please visit E5 – Cam Latches – Quarter Turn Cam Latch | Southco or email the 24/7 customer service department at [email protected].

Hashtag: #Southco

The issuer is solely responsible for the content of this announcement.

Media OutReach

Reshaping Global Lubricant Supply Chains: Trump-Era Tariffs Driving Industry Pivot Toward Asia

Published

13 hours ago

17/07/2025

Media Outreach

SINGAPORE – Media OutReach Newswire – 17 July 2025 – With the global lubricants industry still adjusting to the lasting impact of U.S. trade policy enacted during the first presidential term of U.S. President Donald Trump, supply chains are undergoing dramatic shifts—and Asia is solidifying its role as the sector’s global hub.

While the U.S. tariffs primarily targeted a broad range of Chinese industrial chemicals under Section 301, some specialty additives used in lubricant formulations were affected. In response, U.S. manufacturers have faced increased costs, sourcing uncertainties, and production delays, prompting a re-evaluation of procurement strategies. These disruptions have had ripple effects across the automotive, industrial, and specialty lubricant markets worldwide.

Strategic Realignment: From the West to the East

As regulatory complexity and economic uncertainty mount in the U.S. and European markets, many lubricant producers, OEMs, and blenders are redirecting investment and operational focus toward Asia. The region already accounts for the world’s largest share of lubricant demand and continues to post some of the fastest growth, driven by expanding industrialization and vehicle ownership.

Asia’s strong manufacturing base, growing consumer markets, and expanding infrastructure for lubricant production make it an attractive destination for global expansion. Companies are deepening their presence in countries such as China, India, Malaysia, and Singapore—tapping into local production advantages, aligning with regional OEMs, and building supply chain resilience.

The Asian Lubricant Exhibition 2025: Spotlighting the Industry’s Transformation

The challenges—and potential advantages—of this strategic global shift will take center stage at the Asian Lubricant Exhibition 2025, held September 9–11 at the Suntec Singapore Convention & Exhibition Centre, Hall 403, Level 4. As Asia’s only dedicated trade show focused on the lubricants value chain, the event provides a timely platform for addressing trade disruptions, supply chain realignment, and emerging opportunities across the region. The exhibition and exhibitor presentations are open to the public, free of charge. Pre-registration is highly encouraged to be eligible for door prizes and exclusive onsite offers.

Co-hosted by the Asian Lubricants Industry Association (ALIA) and F&L Asia Ltd., the three-day event brings together global players navigating today’s volatile landscape—from base oil producers and additive specialists to blending, packaging, quality and compliance services, logistics, and end-user service providers.

With over 60% of booths already sold, and exhibitors including ExxonMobil, Chevron Oronite, CPC Corporation, Kangtai Lubricant Additives, Kemipex, Patech, Huntsman, Master Fluid, Axel Christiernsson, Metal-Chemie, ML Lubrication, Songwon, Vanderbilt, BRB, Hyrax Oil, and Universal Analytical, the exhibition offers a unique opportunity to showcase solutions that address the current challenges of global trade volatility—especially those tied to tariffs and regulatory pressures.

Highlights Include:

Exhibitor Presentations spotlighting supply chain innovations
Training and networking events such as the Base Oil 101 Training Course and the ALIA Anniversary Dinner
Executive Briefings on market forecasts and trade realignment
The ALIA Sustainability Session on future-ready lubricant strategies

Join the Conversation on Supply Chain Transformation

Whether you’re a supplier, OEM, blender, technology provider, or logistics expert, this is the moment to engage with Asia’s lubricant leaders and align your strategy with where the market is headed.

For booth bookings, program details, and registration, visit:

https://fuelsandlubes.com/fl-exhibition/

Let’s shape the future of lubricants—together in Singapore.

Hashtag: #AsianLubricantExhibition2025 #ALE2025

The issuer is solely responsible for the content of this announcement.

Media OutReach

SUNRATE Awarded In CNBC’s World’s Top Fintech Companies 2025 List

Published

15 hours ago

17/07/2025

Media Outreach

SINGAPORE – Media OutReach Newswire – 17 July 2025 – SUNRATE, the global payment and treasury management platform, announced today that it has been included in the prestigious CNBC’s list of the World’s Top Fintech Companies 2025.

CNBC, a world leader in business news partnered with Statista, a global data and business intelligence platform, to identify the top fintech companies from around the world. The World’s Top FinTech Companies 2025 list is based on the analysis and weighting of overarching KPIs like Payments, Alternate Finance, Financial Planning, Digital Assets, Neobanking, Wealth Technology, Business Process Solutions, and Banking Solutions. These segment-specific KPIs were derived from the following research methods:

Publicly Available Data Points: In-depth research into relevant KPIs for more than 2,000 eligible companies was conducted using publicly available sources such as annual reports, company websites, and media monitoring.
Open Online Application: More than 100 companies had the opportunity to be considered for the top list by submitting relevant KPIs.

“It’s a proud moment for SUNRATE to be recognised on CNBC’s list of the World’s Top Fintech Companies,” said Paul Meng, Co-founder of SUNRATE. “Since day one, our strategic vision has been to revolutionise global B2B payments by building a global clearing network and harnessing blockchain technology to deliver secure, efficient, compliant, and transparent cross-border payment solutions. This milestone reflects the trust our global clients place in us.”

Meng added, “As we scale further, we remain focused on expanding our capabilities and global reach to support the full spectrum of businesses—from small and medium-sized enterprises (SMEs) to large corporates—empowering them to thrive in today’s fast-evolving global commerce landscape.”

Hashtag: #SUNRATE

The issuer is solely responsible for the content of this announcement.

About SUNRATE

SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs.

With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit https://www.sunrate.com/