Iveco and Petronas Extend Strategic Partnership to 2032
Iveco and Petronas have renewed their strategic partnership, extending their collaboration until 2032 to promote innovation in commercial transport and develop high-performance lubricants.
Collaboration Aims to Drive Innovation in Commercial Transport
The partnership between Iveco and Petronas is set to continue for at least another five years. The two companies have announced the renewal of their strategic collaboration, extending their partnership agreement until 2032. This renewed commitment solidifies over five decades of joint efforts in developing high-performance lubricants tailored for the commercial transport sector, emphasizing efficiency, sustainability, and technological innovation.
The agreement encompasses the ongoing development and supply of a comprehensive range of products designed for Iveco vehicles aimed at European markets. Petronas will continue to provide Iveco with engine oils, transmission fluids, brake fluids, and coolants, all engineered to ensure high performance, reliability, and extended component life.
Over Fifty Years of Technical Excellence
The success of this collaboration is evident in the co-branded product lines Iveco Urania and Iveco Tutela, which are the only fluids officially recommended by the manufacturer. These products are the result of decades of shared research and development, designed to optimize vehicle uptime, reduce total operating costs, and enhance energy efficiency.
Recently, the partnership introduced Urania Next 0W-16, the first SAE 0W-16 engine oil specifically developed for heavy-duty applications. This innovative formulation is designed to lower fuel consumption and CO2 emissions while extending oil change intervals. Additionally, the new lubricant meets the Euro 7 regulatory requirements, contributing to the performance of the latest generation of Iveco engines.
Statements from Leadership
Domenico Nucera, Chief Quality & Operations Officer of Iveco Group, commented on the renewed agreement: "The renewal of the agreement with Petronas Lubricants International confirms the strength of a collaboration built over time on shared technical expertise and a common ambition to continuously improve the performance, efficiency, and sustainability of our range of vehicles and powertrains. Through the joint development of the Iveco Urania and Iveco Tutela lines, we can offer solutions that maximize vehicle uptime, optimize total operating costs, and support our dealer network and customers with the highest standards of quality and reliability."
Domenico Ciaglia, Group Chief Strategy & Transformation Officer at Petronas Lubricants International (PLI), added: "The renewal of this partnership highlights the achievements that can be reached through long-term collaboration based on a shared vision, continuity, and a constant pursuit of excellence. Thanks to our commitment to innovation, we have developed market-leading solutions together, such as the new Urania Next 0W-16 engine oil, which is perfectly integrated into the IVECO ecosystem. This collaboration allows us to create greater value for the sector by leveraging complementary expertise and accelerating innovation. Looking ahead, Petronas Lubricants International reaffirms its support for the Iveco Group with reliable, high-performance products and solutions that are perfectly integrated, capable of generating lasting value for the network and customers. This renewal also strengthens PLI's international strategic pathway, demonstrating how technical excellence and established partnerships can create sustainable value over the long term.
