November 28, 2022
Mr.-Manoj-Gupta-–-Managing-Director-LIOC-Dr.-Kalinga-Kaluperuma-–-Managing-DirectorCEO-Spectrum-Trading-Company-Pvt-Ltd-and-the-official-of-the-two-companies-at-the-signing-ceremony.-LBN.jpg

4min

 



 

 

Spectrum Trading Company (Pvt) Ltd. a member of the prestigious Stafford Group joined forces with Lanka IOC, Sri Lanka’s No.1 listed energy company to launch Sri Lanka’s first co-branded, locally manufactured lubricant, SERVO ecoPLUS. SERVO ecoPLUS is a long life, affordable range of lubricants that was designed to fill the need for a high-quality lubricant in the local market.

SERVO ecoPLUS meets API SN performance levels which is specified by the American Petroleum Institute and is currently being retailed island wide via Spectrum Trading’s dealership network. The high-quality lubricant comes in multiple variants that cater to all types of vehicles such as 2-Wheelers, 3-Wheelers, Passenger cars, Commercial Vehicles and Heavy Vehicles. The SAE 20W-40 variant is specifically formulated for 4 stroke engines and the SAE 20W-50 variant caters to both 2-wheeled and 3-wheeled 4 stroke engines. The SAE 10W-30 variant was designed for passenger vehicles and the SAE 15W-40 variant for heavy vehicles. Each variant in the SERVO ecoPLUS range is manufactured with premium quality additives to reinforce high lubricant properties which protects engines, increases engine durability, and provides the ultimate performance.

Dr Kalinga Kaluperuma, Managing Director of Spectrum Trading Co. (Pvt) Ltd. commented on the partnership. “The partnership with Lanka IOC is one that will no doubt be beneficial in the years to come. The introduction of the SERVO ecoPLUS range, truly does fill a large void in the market in terms high-quality, affordable lubricants. The fact that SERVO is locally manufactured, extremely affordable and caters to petrol and diesel vehicles alike, sets it apart from most other lubricants in the market. We look forward to extending this partnership and introducing even more products like this into the market in the future.”

Spectrum Trading Company (Pvt) Ltd. is a leader in the marketing and distribution of automotive products and is a member of the Stafford Group. The company was incorporated in 2008 to provide freight, clearing and logistics support to the group. It is the authorised agent and distributor of several spare parts and automotive accessory brands in Sri Lanka including TORCH Plugs & Filters, Puma Tyres, and SHAKO Helmets.

Lanka IOC is listed as Sri Lanka’s number one energy company and the only company to set up a grease manufacturing plant in the country. It manufactures automotive, industrial, and marine SERVO lubricants at its state-of-the-art manufacturing plant in Trincomalee. ecoPLUS is also manufactured locally which helps save a tremendous amount of foreign exchange. Lanka IOC has always been a frontrunner in offering the best quality lubricants at extremely competitive prices.

 

 



 

 


December 8, 2021
Webp.net-resizeimage-19.jpg

6min

 



 

 

Chevron Lubricants Lanka PLC, the nation’s lubricant market leader since 1992, has achieved new heights of product development and technology. Delo took a monumental step forward in the lubricant market by proving an oil drain interval of 30,000 kilometers* providing Heavy Duty Diesel Engine vehicle owners with extended service intervals and a plethora of other benefits.

In 2020, Delo underwent a trial in Sri Lanka with reputed local fleet operators – Freight Link & Auto Ezone, carrying out biweekly tests on vehicles with single oil drain through an independent test lab in Singapore, whose results proved the 30,000km mileage on two test cycles. Using ISOSYN technology, Delo, has utilized the expertise and experience to develop top tier products that combine premium base oils with high-performance additives to deliver protection to engine parts, granting Delo users ostensibly unmatched performance advantage of 30,000 kilometers on single oil drain, extended engine protection, confidence, durability and savings.

This innovative technological advancement in product development will help grant businesses a stronghold in these uncertain times by enhancing savings potentially of up to 17% through maintenance, service and operational cost reductions, supporting corporate, small and medium sized fleet operators to overcome the difficult economic conditions that the country is currently facing. This development will help increase availability, reliability and durability of vehicles for fleet operators, enabling them to operate vehicles on the road whilst minimizing service downtime and breakdowns, increasing the ability of engines to withstand damages and generate more income.  Furthermore, this development is expected to encourage sustainability through the extended drain intervals, which may then lead to reduced disposal of used oil and help provide vital support to promote environmental protection.

Commenting on the venture, Najam Shamsuddin, Managing Director & CEO of Chevron Lubricants Lanka PLC stated, “We have always focused on providing our customers with the best products to protect their vehicles and thereby enable them to gain the maximum benefits. We understand the pain points of fleet operators and have worked hard to ease the issues related to them. We are fully committed to support the industry and are gearing up to become the total Fleet operations solution provider with bumper-to-bumper services, appropriate trainings and cloud-based logistics solutions to enhance and elevate the logistics and fleet operations business sector.”

Fleet operators and logistics businesses are expected to experience positive benefits when they utilize Delo products for their vehicle needs. With a 30,000 kilometer single oil drain, it is anticipated that businesses will be able to achieve a considerable reduction in operational costs related to maintenance and servicing. Furthermore, this will help organizations to better manage risks and maximise profits, whilst reducing the negative impact on the environment. The reduced oil change frequency is expected, in turn, to positively impact the service labour utilization, filter changes, operations downtime and expenditure on mechanics.

Elaborating further, Mr Shamsuddin commented, “As a responsible corporate citizen, at Chevron, we are committed to contribute and elevate the local communities where we operate. Therefore, we are constantly working on new innovations to enhance and develop our products in a manner that will provide benefit both businesses and the community.”

In a new technological advancement, Delo has enhanced their offering by introducing a calculator which will enable users to calculate the cost benefit that is associated with the utilization of Delo products. Visit https://chevron.lk/delo-benefit-calculator/ to access this calculator feature and learn how you can achieve increased benefits. As a value-added service, Delo has launched a premium service facility for their valued customers through a Fleet help service team, who will be able to address all fleet related concerns.

With a strong brand presence in over 150 countries globally, Chevron is backed by a strong portfolio of experience, expertise and technology. Chevron Lubricants Lanka, a part of Chevron Corporation, who is the 2nd largest oil and gas company headquartered in the United States, is the pre-eminent marketer of lubricant in Sri Lanka. An established industry leader, Chevron Lubricants Lanka houses global lubricant brands such as Caltex, Havoline, Delo along with Lanka Lubricants, a local brand.  They provide a comprehensive range of engine oils including passenger car lubricants, motorcycle oils, diesel engine lubricants, industrial lubricants and other auxiliary products to enable the outstanding performance of vehicles.

*refer https://chevron.lk/delo-technology/ for more details on applicable terms and conditions.

 



 

 



About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




Follow Us


Newsletter