SK Enmove Signs Supply Agreement with THACO INDUSTRIES for Co-Branded PCMO Products in Vietnam
Co-branded PCMO products to be launched in Vietnam through strategic collaboration with THACO INDUSTRIES
SK Enmove announced that it signed a supply agreement with THACO INDUSTRIES on June 26, 2026, to provide co-branded passenger car motor oil (PCMO) products in Vietnam.
Under the agreement, SK Enmove and THACO INDUSTRIES will collaborate on the launch and commercialization of co-branded PCMO products in the Vietnamese market. The partnership is expected to serve as a foundation for broader cooperation in Vietnam’s engine oil market.
The agreement marks more than a product supply deal, serving as a foundation for a broader strategic partnership between SK Enmove and THACO INDUSTRIES. Building on the launch of the co-branded products, the two companies plan to explore further collaboration in Vietnam’s B2C engine oil market.
SK Enmove is an energy efficiency company with strong capabilities in lubricants and base oils. Its flagship lubricant brand, ZIC, is built on SK Enmove’s premium Group III base oil, YUBASE, and is recognized for its strong engine protection and fuel efficiency performance.
ZIC meets major international engine oil standards, including ACEA in Europe and API in the United States, as well as the requirements of global automotive manufacturers. The brand is exported to more than 60 countries worldwide.
In Korea, ZIC was ranked No. 1 in the engine oil category of the Korea Brand Power Index for 28 consecutive years in 2026, earning Golden Brand recognition. In Vietnam, ZIC also received the 2025 Brand of the Year award in the lubricants category, further reinforcing its brand competitiveness in the local market.
An SK Enmove official said, “This agreement represents a meaningful first step in expanding our customer touchpoints in Vietnam through collaboration with a major automotive partner. Based on our partnership with THACO INDUSTRIES, we will work to successfully establish the co-branded products in the market and expand our strategic cooperation in Vietnam’s B2C engine oil business going forward.”
A THACO INDUSTRIES official said, “This partnership with SK Enmove will enable us to introduce reliable, high-quality engine oil products to the Vietnamese market. By combining THACO INDUSTRIES’ automotive capabilities and local market presence with SK Enmove’s expertise in lubricants and base oils, we expect to create meaningful value for customers and build a strong foundation for further cooperation.”
Through this partnership, SK Enmove and THACO INDUSTRIES aim to strengthen their presence in Vietnam’s engine oil market and pursue continued growth through high-quality products, brand collaboration and expanded business cooperation.
