(From left: Mr. Jorge Diaz Del Castillo Paredes, Executive Vice President of Hyundai Motor (Thailand) Co., Ltd., Mr. Toshihide Ano, President of Hyundai Motor (Thailand) Co., Ltd., Mr. Kritsada Subhap, Sales General Manager, Automotive OEMs Business, The Shell Company of Thailand Limited, and Mr. Hyunju Chang, Global Account Manager for Hyundai, Hankook Shell Oil Company Ltd.)
(From left: Mr. Jorge Diaz Del Castillo Paredes, Executive Vice President of Hyundai Motor (Thailand) Co., Ltd., Mr. Toshihide Ano, President of Hyundai Motor (Thailand) Co., Ltd., Mr. Kritsada Subhap, Sales General Manager, Automotive OEMs Business, The Shell Company of Thailand Limited, and Mr. Hyunju Chang, Global Account Manager for Hyundai, Hankook Shell Oil Company Ltd.)

Ms. Veethara Trakulboon, Executive Director – Lubricants Business, The Shell Company of Thailand Limited, said, “Shell has been innovating for more than a century to produce energy products in more efficient, reliable and sustainable ways. As a result of our efforts, we are pleased to offer motorists worldwide a number of advanced technologies, including Shell’s gas-to-liquids (GTL) technology that converts natural gas into the main component of motor oils. The GTL technology, available in Hyundai and Shell Co-Branded Passenger Car Motor Oils, will help enhance fuel economy, enable better engine cleanliness, and support Shell’s more and cleaner energy ambition. These offerings from Shell to Hyundai customers will allow us to create value for both parties through deeper collaboration – whether in products and aftermarket support. By leveraging the strengths of our two global brands, we aspire to offer Hyundai customers the best aftermarket care and experience.”

The collaboration covers a full range of Hyundai-Shell Helix products including the latest Shell Helix Ultra with PurePlus Technology. The Hyundai Co-Branded motor oils are also available in key Asia-Pacific markets such as China, India, Indonesia and Malaysia. They will also be sold in most key European markets, as well as in Brazil. The launch of this co-branded range in Thailand marks another key milestone in the Hyundai and Shell global partnership.

Mr. Toshihide Ano, President of Hyundai Motor (Thailand) Co., Ltd., said, “This launch supports the needs of our aftermarket supply chain and also lays the groundwork for new technical collaborations and joint marketing initiatives. The common factor in all these activities is our desire to maximise customer satisfaction in the aftermarket experience. Shell will be a leading partner for us as we implement and enhance our aftermarket strategy over the coming years, helping to drive the qualitative growth of the Hyundai business.”

Moreover, Shell and Hyundai are also collaborating on the race track. Shell and Hyundai Motorsport have announced a three-year extension of their technical partnership in the FIA World Rally Championships (WRC) as the co-title sponsor. “WRC is one of the most challenging motorsport series in the world, with rallies taking place on gravel, asphalt, ice and snow. The cars have to perform at the limit, whether it’s -30°C or 40°C outside, which is why we have worked with Hyundai Motorsport to develop Shell Helix Ultra race lubricants designed to improve performance by helping keep the engine clean and minimising friction and wear, even in the extremes of rally racing,” said Jochen Lach, Shell Project Lead for WRC Engine Oil Development.

“Shell Helix Ultra has already helped Hyundai Motorsport develop an extra 1.5 horsepower, representing an average advantage of six seconds at the end of each rally,” said Michel Nandan, Team Principal of the Hyundai Shell Mobis World Rally Team.

With their collaboration on technology and innovation, Shell and Hyundai are bringing out the best from track to road by developing new motor oil formulas to meet the needs of Hyundai’s expanding range of vehicles. As confirmed to add advantage to Hyundai Motorsport team in the rally, Hyundai users in Thailand can now enjoy the benefits of Shell and Hyundai Co-Branded motor oils, which offer maximum protection for everyday cars in every driving conditions.


Thitipa Laxanaphisuth
Country Manager - External Relations
The Shell Company of Thailand
T +66 (0) 2 262 7326

Phanphatchara Charoensawas
H+K Strategies Thailand
M +66 (0) 2-627-3501 #161
E pcharoensawas@hkstrategies.com

About Shell Lubricants

The term “Shell Lubricants” collectively refers to Shell Group companies engaged in the lubricants business. Shell sells a wide variety of lubricants to meet customer needs across a range of applications. These include consumer motoring, heavy-duty transport, mining, power generation and general engineering. Shell’s portfolio of lubricants includes Pennzoil, Quaker State, Shell Helix, Shell Rotella, Shell Tellus and Shell Rimula. We are active across the full lubricant supply chain. We manufacture base oils in seven plants, blend them with additives to make lubricants in over 40 plants, and distribute, market and sell lubricants in over 100 countries.

We also provide technical and business support to customers. We offer lubricant-related supports in addition to our product range. These include: Shell LubeMatch – the market leading product on-line recommendation tool, Shell LubeAdvisor - helps customers to select the right lubricant through highly trained Shell technical staff as well as online tools, and Shell LubeAnalyst - an early warning system that enables customers to monitor the condition of their equipment and lubricant, helping to save money on maintenance and avoid potential lost business through equipment failure.

Shell’s world-class technology works to deliver value to our customers. Innovation, product application and technical collaboration are at the heart of Shell lubricants. We have lubricants research centres in China, Germany, Japan (in a joint venture with Showa Shell), and the USA. We invest significantly in technology and work closely with our customers to develop innovative lubricants. We have a patent portfolio with 150+ patent series for lubricants, base oils and greases; more than 200 scientists and lubricants engineers dedicated to lubricants research and development.

Customer benefits include lower maintenance costs, longer equipment life and reduced energy consumption. One of the ways we push the boundaries of lubricant technology is by working closely with top motor racing teams such as Scuderia Ferrari and BMW Motorsport. These technical partnerships enable us to expand our knowledge of lubrication science and transfer cutting-edge technology from the racetrack to our commercial products.

Cautionary Note

The companies in which Royal Dutch Shell plc directly and indirectly owns investments are separate legal entities. In this press release “Shell”, “Shell group” and “Royal Dutch Shell” are sometimes used for convenience where references are made to Royal Dutch Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Royal Dutch Shell plc and subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ‘‘Subsidiaries’’, “Shell subsidiaries” and “Shell companies” as used in this press release refer to entities over which Royal Dutch Shell plc either directly or indirectly has control. Entities and unincorporated arrangements over which Shell has joint control are generally referred to as “joint ventures” and “joint operations”, respectively. Entities over which Shell has significant influence but neither control nor joint control are referred to as “associates”. The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

This press release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Royal Dutch Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Royal Dutch Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”, “ambition’, ‘‘anticipate’’, ‘‘believe’’, ‘‘could’’, ‘‘estimate’’, ‘‘expect’’, ‘‘goals’’, ‘‘intend’’, ‘‘may’’, ‘‘objectives’’, ‘‘outlook’’, ‘‘plan’’, ‘‘probably’’, ‘‘project’’, ‘‘risks’’, “schedule”, ‘‘seek’’, ‘‘should’’, ‘‘target’’, ‘‘will’’ and similar terms and phrases. There are a number of factors that could affect the future operations of Royal Dutch Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, fiscal and regulatory developments including regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; and (m) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Royal Dutch Shell’s 20-F for the year ended December 31, 2017 (available at www.shell.com/investor and www.sec.gov ). These risk factors also expressly qualify all forward looking statements contained in this press release and should be considered by the reader. Each forward-looking statement speaks only as of the date of this press release, 11 July 2018. Neither Royal Dutch Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.

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