Namcor lubricants have arrived

State owned oil company expands downstream offering
Top-quality lubes purpose-made to high specifications now available at Namcor service stations
Augetto Graig
The state owned company upon which Namibia has pinned its hopes for a bright future in the petroleum market, Namcor, recently announced another milestone in its quest to become a fully vertically integrated, home-grown oil company. Namcor lubricant specialist John Redman announced the introduction of Namcor oil-based lubricants to the local market at a special function at the renowned Old Wheelers Club in the capital.

Traditionally it has been the upstream activities of Namcor that have helped the trademark become a household name in Namibia, with significant recent success marked by its partnerships with international oil majors in discovering oil deposits offshore. Recently the organisation has expanded into the downstream petroleum retail market and already it has established eleven service stations around the country.

Now Redman says, it will also be selling its own range of top-quality lubricants at these service stations, and Namcor has concluded agreements with Metro and other retailers who will start carrying the products in the months to come.

“Namcor was also in the upstream business, prospecting and drilling for crude oil, because Namibia wants its own oil company,” he explains. “We have also started moving into the downstream market, although in the past we have only been selling oil from the other majors. In the last few years we have developed our partnership with Pro Oil in South Africa,” he says. The International Organisation for Standardisation (ISO) certified blending plant has helped Namcor develop a range of world class oil-based lubricants which it first brought to the local mining market for trials, he elaborates. “We tested the products are one of the largest uranium mines in the world, at Husab,” he says.

Success there has given Namcor the confidence to bring its products to the wider Namibian market. “We are now moving into retail. Our products adhere to the highest specifications for international standards, rated CI ,” he adds. This means that Namcor oil will help clean your engine and prevents sludge build-up while in use, he says. “They have good anti-wear properties,” he says. “They can compete with the best and are high quality oils that Namibians can be proud of,” he says. Redman is very proud that the range is now available to ordinary Namibian citizens.

Pro Oil manufactures the lubricants to Namcor specifications and the range of products can be used in regular road vehicles, mining equipment, for agricultural equipment and, “he also have grease, hydraulic oils and industrial oils,” he adds. “In the last two months it really took off,” he says.

According to Redman the retail prices of Namcor oils are in line with the rest of the market. “We trust in our products as they are manufactured to the highest standards and we have the expertise available to adapt them to fulfil any special needs that might arise,” he says.

Namcor branded lubricants include engine oils, gearbox and transmission oils, hydraulic oils, differential and multipurpose gear oils, compressor oils and greases. Namcor oils are Original Equipment Manufacturer (OEM) approved providing quality assurance to its customers.

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Allgemeine Zeitung 2024-05-19

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 414.72/OZ UP +1.55% | Copper US$ 5.04/lb UP +4.12% | Zinc US$ 3 059.30/T UP 0.11% | Brent Crude Oil US$ 84.28/BBP UP +0.60% | Platinum US$ 1 084.88/OZ UP +2.19%