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Total Liban appoints IPT as official distributor of Elf lubricants in Lebanon

Lebanon: Monday, May 09 - 2011 @ 12:04

The event was attended by Mr. Dany Samaha, representative of the Minister of Energy and Water, Dr. Rock Mhanna, representative of the Minister of Interior and Municipalities, Mr. Maroun Chammas, president of APIC, Dr. Charbel Michel Sleiman in addition to leading businessmen and journalists.

Dr. Tony Issa, member of the board of directors of IPT, stressed the importance of the agreement with Total Liban especially that Elf is among the leading brands in the world in terms of recognition, distinction and quality and is one of the top superior quality engine lubricants worldwide. “This partnership confirms the confidence in the Lebanese companies and their role within the Lebanese national economy.”

Jacques Souplet, CEO of Total Lebanon, emphasized that the agreement with a growing professional lubricant company such as IPT is an opportunity for the prestigious Elf brand to expand its presence in Lebanon.

Souplet said, “Elf, is one of the most distinctive brands at Total, and is a recognized name in the automotive sector.”

Souplet added, “Elf’s strong reputation stems from the continuous success it has achieved in the cars racing industry.”

Minister Adnan Kassar considered the agreement signed between Total Liban, an international Major oil company present in Lebanon since 1951 and IPT, a Lebanese company that showed great skill and proved to be a pioneer in providing innovative and quality services, solid evidence of the strong confidence the Lebanese and international private sector have in the dynamic and investment characteristics of the Lebanese economy, despite the local, regional and international situation.

Kassar further emphasized that “indicators of the Lebanese economy remain strong and the prospects are very promising.”

After signing this trade agreement, the Chairman of the Board of Directors of IPT Holding Group, Mr. Michel Issa and Mr. Jacques Souplet, presented Minister Adnan Kassar with a symbolic gift. The ceremony was followed by a lunch to celebrate this new partnership.

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Monday, May 9- 2011 @ 12:04 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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