The downstream oil and gas global players are experiencing dynamic waves of changes in their competitive landscape in the last decade or so. Malaysia also reflects the similar dynamics due to changing market demands, and the overwhelming need to become even more sustainable such as increased use of biodiesel.
Today, business leaders in Malaysia are trying to navigate through these volatile and dynamic environments, managing high industry barriers for business opportunities in this industry, despite the changes. In order to succeed, the industry needs to embrace creative and innovative ways of doing things that preserve the right balance between immediate operational efficiency, sustainable growth and yet profitable cash flow generation.
Furthermore, giant corporations are facing challenges to navigate through these dynamic waves while emerging Small and Medium Enterprises (SMEs) can surf over these waves with more agile processes and tailored solutions geared to transform the businesses dynamically.
Understanding the landscape, Anshul Kumar, the Executive Director of Altega International, has been spearheading the innovation in the downstream oil and gas realm with a vision that has become a part of his core values, namely camaraderie, creativity, and curiosity. Anshul has been actively driving the focus of Altega International to provide value-added solutions, end-to-end Total Oil Management Solutions (TOMS) and forward-looking disruptive innovations like digital diagnostics eco-system of commercial vehicles.
Having served in the board and management of downstream oil and gas industry giants such as the largest private oil gas company in India and the National Oil Company of Malaysia for over two decades combined, he is able to leverage his extensive experience and regional network to foster growth in the Malaysia market while enabling a phased expansion in Southeast Asian markets and soar beyond the seas including India. Altega International remains committed to bridge the great economies of South Asia and ASEAN markets.
"TOMS includes a suite of services like oil portfolio analysis, oil condition monitoring and testing, tank flushing, filtration and end-of-life used oil collection for re-refining to finally fulfill extended producer responsibility, ensuring oil is most optimally consumed even after it's drained. This offers a total solution for oil lifecycle management of industrial and lubricating oils. With its incorporation, Altega International now delivers end-to-end solutions that maximize equipment performance and operational efficiency, with a very attractive economics", signifies Anshul.
Furthermore, with the successful acquisition of a local oil-servicing company in Malaysia, Altega International's service model can now penetrate deeper into the market and leverage the already established relationships to provide a wider range of services and solutions.
Consulting Tailored To Industrial Needs
Leveraging his wealth of experience in the downstream oil and gas sector, Anshul's motive from the get-go to establish Altega International was to provide innovative solutions in Malaysia and the wider Southeast Asian market. Since its establishment in January 2024, Altega International has been maintaining its focus around three main business domains, namely product solutions, service & consulting, and innovation. These business domains are part of the vision carried by Anshul to bring value and create synergy to the downstream petroleum industry, specifically in lubricants and oils, while embedding present-day challenges like sustainability and digitalization into the business. Anshul also focuses on deriving value addition through encouragement of bio-additives to complement the use of biodiesel, which further enhances the life of the engine and effectiveness of the fuel delivery system. This maximizes performance and operational uptime. Furthermore, multiple similar additives can be used in the automotive industry to gain multi-facets performance and operations efficiencies.
Future Roadmap for Altega International
Altega International embeds a strong vision for sustainability agendas, breaking industry barriers and strengthening small and medium enterprises in the downstream oils and gas industry. Long-term innovation is a pivotal milestone in Anshul’s roadmap to ensure business sustainability and relevancy of Altega International's vision and purpose. He believes continuous innovation is mandatory to stay competitive, progressive and provide the right benefits to its customer and business partners.
By striking the right balance between short term victories and long-term plans, we are gearing up Altega International's competency to succeed in the dynamic energy environment in Southeast Asia
Anshul believes that by 2030, Altega International will be a major force in Malaysia, the second largest GDP block in Southeast Asia, where the ease of doing business is relatively better and the economy is vibrant. Not to mention Malaysia is the melting pot of culture, society and economics infused with majority Asian ethnicities, which is gateway to penetrate ASEAN markets especially to drive innovative businesses and support SME’s to grow within ASEAN.
Currently several projects are in the pipeline such as on-site mobile laboratory which would help agile decision making while optimizing operational and economic benefits. He also plans to devise promising solutions by plugging-in the onboard diagnostics (OBDII) of commercial vehicles, and digitalizing platforms to enhance entire eco system involved in the value chain. Although these initiatives are intended at later phase, they demonstrate his innovative vision to deal with the environmental issues, including greenhouse gas emissions, by fostering sustainable innovations. He is also aiming at creating a strong team where people feel connected while focusing on grooming young professionals by developing camaraderie; formulating an open culture that supports his values.
“By striking the right balance between short term victories and long-term plans, we are gearing up Altega International's competency to succeed in the dynamic energy environment in Southeast Asia”, concludes Anshul.
Anshul Kumar, Executive Director, Altega international
Anshul Kumar is the Executive Director of Altega international who is heading an innovative change in the downstream oil and gas industry in Southeast Asia. He has more than 20 years experience in industry giants in India and Malaysia and is a champion of sustainable Total Oil Management Solutions (TOMS) and bio-additive innovations. Anshul has a leadership style that combines strategic insights, digital disruptions, and traditional principles of camaraderie, creativity, and curiosityness, which makes Altega International future ready to support the SMEs and to have long term impacts in energy, sustainability, and industrial diagnostics.
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