UMW Holding's lubrication business is new in Malaysia and the region.
The company has four core businesses in automotive, oil and gas, equipment and heavy machines and manufacturing and engineering.
The Indonesian market will see the Chinese independent partner with Blue Bird Group of Indonesia to provide lubricants, automotive components and service centre operations. This partnership could expand into Malaysia.
Another target growth area is UMW's marketing of Penzoil Repsol and and its own-brand Grantt lubricants range, with aims to raise its Chinese market share to 15% by 2015.
The company's domestic market growth target and export plans require a larger lubricant plant as its Malysian site is already operating at almost full capacity.
Overall, the heavy equipment business is expanding in Myanmar, with UMW moving from mining to construction "to capitalise on the growth of the sector," according to UMW president and group CEO Syed Hisham Bin Syed Wazir.