Chevron Lubricants Lanka PLC has celebrated another key achievement of exporting the first consignment of Havoline PRO DS ECO 5 OW-20 Synthetic Dexos-1 licensed premium engine oil to Pakistan.
This premium engine oil is designed especially for hybrid vehicles.
This occasion was ceremonially initiated by Petroleum Resources Development Minister Arjuna Ranatunga.
The first consignment was shipped on August 25, 2017, from Chevron’s state-of-the-art lubricant blending facility in Sapugaskanda, which was commissioned in December 2014.
This is a good testimony to the technology-based capabilities of the high-tech blending and modern warehouse facility to be able to generate foreign revenue through non-traditional exports.
It has further expanded their offshore business that ensures greater economies of scale to be more competitive in the two export markets: Bangladesh and Maldives, coming under the full purview of Chevron Sri Lanka operation.
It has grown its export sales volume by double digit on a year-on-year basis over the past several years.
“We will continually thrive to create value through exports thus creating real value for the country riding on the strategic partnerships with local business entities, respectively, in addition to a long list of other inputs sourced locally to optimize local value addition.
The business model we have in place facilitates maximum productivity, efficiency, and flexibility to be able to achieve this,” said Managing Director Kishu Gomes.
The Chevron Lubricants manufacturing plant boasts of BS EN ISO 9001; 2008 certification from the British Standard Institute with 45 million-liter production capacity on a single shift with 1.4 million-liter warehouse capacity.
The laboratory is equipped with the latest global technology to ensure quality production meeting global standards to offer in-house oil monitoring facilities to industrial customers and most private sector manufacturing entities.
As the clear market leader in the local lubricant industry, Chevron Lubricants Lanka PLC, as a listed entity with 49 percent public shareholding, delivers maximum shareholder value.
As a socially responsible organization, Chevron focuses on road safety, vocational education, health, and epidemic control to create a better future for all Sri Lankans.