The launch of Petronas Urania with ViscGuard™' is on the back of the company's strategic growth aspiration to be among the world’s top lubricant players by 2019, said Petronas Lubricants Marketing (Malaysia) Sdn Bhd (PLMM).

In a statement, PLMM, a wholly-owned subsidiary of Petronas Dagangan Bhd, said the new range of diesel engine lubricant capitalises on the upward trend in the global lubricants market.

"The global lubricants market is projected to be worth US$166.59 billion (US$1=RM4.11) by 2021, driven by the increasing commercial vehicle sales and rapid industrialisation in emerging countries.

"Locally, Petronas aims to be the market leader by 2018," it said.

First launched in Europe in May 2016, Petronas Urania with ViscGuard™, formulated to effectively guard against engine deposits build-up, is now available in Malaysia.

- Bernama