OANDO Ghana Limited, an oil marketing company, has launched three new brands of products onto the Ghanaian market.
The Oleum SM, Oleum XL and Oleum HD come in four-litre packs and contain anti-rust, anti-wear and anti-corrosive additives which give additional protection to car engines.
The Chief Operating Officer of the company, Mrs Lara Banjoka, said at the launch of the products that, the company hoped to increase its market share from four per cent to 10 per cent next year and thereafter increase it by five per cent every year.
“We are pleased to introduce Oleum range of lubricants to this very vibrant Ghanaian market. As a product of choice in Nigeria with a market share of more than 20 per cent in its five years of introduction, we are presenting to Ghana, an unquestionable first-class product which conforms to national and international standards with International Standards Organisation (ISO) certification,” she added.
She said the range of products could meet the lubrication requirement of all internal combustion engines of modern cars from 2007 up to date, noting that it was designed for engines of jeeps, heavy-duty trucks and stationary or mobile power plants.
The Managing Director of the company, Mr Ibem Anya, said the lubricants were formulated to meet the latest American Petroleum Institute (API) specifications and the European engine designs.
“It also adapts to the most severe service conditions in all passenger vehicles,” he noted, and indicated that that was what gave them the confidence to introduce the product to the Ghanaian market.
The Director for Testing for the Ghana Standard Board (GSB), Mr Kwabena Acheampong, said the products had met the minimum requirement set by the board.
Friday, October 24, 2008
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