Myanmar EngineBurma Engine
The engine room simulator is the decisive training tool for ship engineers to meet STCW's requirements.
Downturn from Kyat, drivers delay engine change
According to the vendors of automotive accessories, the volume of engine oil retailing has slowed due to currency movements. With the loosening of barriers to imports in recent years, passenger automobile stocks have increased and a wide variety of engine oil is being marketed from Thailand, China and the rest of Europe, depending on the needs of different models.
"For the time being, turnover is slowing as the prices of engine oils have fluctuated in line with the currency translation rates. Usually Chinese and Thai automobiles have the highest demands because they work well with most mid-range cars," says the owners of the Ko Kaut Car Accessories Shop in Bayintnaung.
The price of engine oils rose by 1,000 K to 1,500 K due to the slowdown in the price of Kya. As a rule, a vehicle must change its engine fuel every 1,000 to 5,000 kilometres driven. More than 100 different engine oils are available on the marked with a price range from K20,000 to K90,000.
Whilst unit shipments of engine oleochemicals from Thailand and China are decelerating due to the devaluation of Kyoto, this is not affecting Europe and sells normally. "We are not much affected by currency fluctuations as we supply engine fluids directly from a plant in Germany. Merchandising continues as usual," Ma Thazin, Liqui Moly's agent to Myanmar Business Today.
Japan's ENEOS engine oils and lubricants gain new marketshare
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The MGS Chairman U Thein Tun said the business will seek to expand the ENEOS sales network in the state. First launched in August 2016, the system is now used in most large repair and replacement parts stores and there is an increase in its use.
"We need to enlighten the consumer here so that they understands how a good grade grease can help keep their cars' engine safe," he said. "It is necessary to use top-of-the range product on the local markets. However, there is a demand for top class service life to ensure the longevity of motors and automotive machines. It' been almost a year since this stamp came onto the scene.
We' re aiming for a broad sales and marketing share," said U Thein Tun. According to the research company Solidiance, Myanmar is one of the fastestgrowing car lubricant sectors in ASEAN and Myanmar, consuming around 78 million liters of ready-made lubricant. With the liberalisation of the government's car importer policies, car exports have risen sharply.
As a result, the import of lubricating oils has also increased. More than 100 branded products are currently importing into Myanmar.