aboutus
Submega Ventures Corp. was established on March 15, 2015, with a clear vision: to be the core distributor of industrial and automotive lubricants across Luzon, Visayas, and Mindanao. Since January 1st, we have proudly held the exclusive certification from HD Hyundai Oil Bank as the official distributor of XTeer and Hyundai XTeer products throughout the Philippines.
Our journey began with a commitment to bringing high-quality imported lubricants to the Philippine market. Today, we continue that mission by offering a complete line of premium Hyundai XTeer and XTeer products that meet the demanding requirements of both industrial and automotive applications.
We are XTeer Philippines, your trusted partner in premium automotive lubricants. As the authorized distributor of Hyundai XTeer products in the Philippines, we bring you world-class Korean-engineered lubricants directly from Hyundai Oilbank in South Korea.
Our company name, XTeer Philippines, represents our commitment to the Philippine market, while our flagship product line carries the Hyundai XTeer brand - the same advanced formulations trusted by Hyundai Motor Company worldwide. Whether you're looking for engine oils, transmission fluids, or other specialized lubricants, you can count on the proven quality and performance that comes with genuine Hyundai XTeer products.
At XTeer Philippines, we're dedicated to delivering the superior protection and performance your vehicles deserve, backed by decades of Korean automotive innovation.
Since 1964, Hyundai Oilbank has ensured stable petroleum supply and supported Korean industrial growth. The company operates the Daesan factory with 390,000 barrels daily refining capacity and pioneered Korea's first intermediate oil decomposition facility in 1988, achieving top domestic efficiency by 2011.
Hyundai Oilbank has evolved into a comprehensive energy enterprise through expansion into BTX, lubricants, and mixed xylene manufacturing. In 2012, they partnered with Shell to establish a factory producing 650,000 tons of lubricants annually, followed by launching HYUNDAI XTeer vehicle lubricants in 2013, creating full vertical integration from refining to finished products.
The company established a Lubricant Research Center in Yong-in in 2015 to enhance market responsiveness and serves as headquarters for developing high-quality lubricants through collaborations with Hyundai's technical centers. They produce specialized lubricants for automotive, shipbuilding, and construction machinery while leveraging partnerships with Hyundai Heavy Industries and Hyundai Motor Company.
Beyond lubricants, Hyundai Oilbank has diversified into vehicle aftermarket products, including "HYUNDAI XTeer Alpha" fuel additive using German BASF materials and "Pronox" urea water for reducing diesel emissions. These products have successfully expanded their market presence and sales network.