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Shell Lubricants, Hyundai Motor Sign Five-year Partnership Renewal Agreement

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Shell (SHEL.L, SHELL.AS) unit Shell Lubricants extended its global partnership with South Korean automaker Hyundai Motor for five years, according to a Wednesday release.

Under the agreement, renewed for the fifth time since 2005, the British oil and gas giant will continue to be Hyundai Motor's recommended global supplier of aftersales lubricants.

Additionally, the two parties will resume work on the joint development of advanced lubricant technologies while enhancing collaboration on service marketing programs.

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