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Oando Marketing launches Oleum lubricants in Ghana

Oando Marketing Limited, Nigeria’s leading retailer of petroleum products and a subsidiary of Nigeria’s leading integrated energy solutions provider, Oando PLC in line with its West African expansion strategy on Wednesday, 22nd October, 2008 launched Oleum range of lubricants (engine oil), in Accra, the Ghanaian capital city and commercial nerve centre.

Oleum is Oando’s trademark name for high quality, mono-grade/ multi-grade engine oil formulated to meet the lubrication requirements of all internal combustion engines (petrol, diesel and compressed natural gas engines) of modern cars, jeeps, heavy-duty trucks and stationary/ mobile power plants. The lubricants contain anti-rust, anti-wear and anti-corrosion additives that give additional protection to the engine.

Commenting on this historic launch, Mrs. Lara Banjoko, Chief Operating Officer, Oando Marketing, states; “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 5years of introduction, we are presenting to Ghana, an unquestionably first-class product which conforms to national and international standard with ISO certification”.

The lubricants come in different grades such as Oleum SM, Oleum SL, Oleum XP, Oleum XL, Oleum HD, Oleum SD, Oleum GR and Oleum GRS and are packaged in same dark blue, uniquely shaped containers but differentiated by their labels. They also come in different pack sizes such as 4 litre cans and 25 litre kegs.

For this introductory phase in Ghana, 3 grades of the Oleum range will be introduced namely Oleum SM, Oleum XL and Oleum HD and they are all in 4 litre pack sizes. Oleum SM is the top of the range with the most advanced protection for all modern petrol and diesel engines including Turbo charged ones with extended drainage intervals. This extended drainage interval allows the vehicle to perform effectively for 10,000kms before change resulting in huge cost savings for customers.

Also commenting, Ibem Anya, Managing Director, Oando Ghana Limited, said “Oleum range of lubricants are mono-grade/ multigrade engine oils manufactured to meet the latest engine manufacturers’ requirement and specification, while providing excellent performance. They are formulated to meet the latest API (American Petroleum Institute) specifications and EURO 3 engines designs. It also adapts to the most severe service conditions in all passenger vehicles. This is what gives us confidence to introduce this high quality product to the Ghanaian market”.

For more information, please contact:

Meka Olowola

Head, Corporate Communications

Oando PlcStallion House, 2 Ajose Adeogun Street

Victoria Island, Lagos

Phone: 01 2625857

Email: nolowola@Oandoplc.com

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