Chevron Brands International LLC and Tethys Ltd have signed a Branded Business Development Agreement to enable the local manufacturing, distribution, and marketing of Texaco®-branded lubricants in Nigeria.
The PUNCH reported that the companies said that through their partnership, Nigerian drivers would have access to a large selection of superior-performance automotive and industrial lubricants marketed under the Texaco, Havoline, and Delo brands, which are locally blended Texaco products.
Engine oils, gearbox fluids, gear oils, greases and hydraulic fluids are among the goods offered.
“Tethys is an experienced marketer in Nigeria, and we are proud to be entering into this relationship with them to introduce our exceptional range of lubricant products,” stated the general manager of Chevron Europe Finished Lubricants, Pat McCloud.
The Managing Director of Tethys Ltd., Habib Bello, stated that the company’s commitment to providing high-quality lubricant solutions that improve the longevity and performance of cars and equipment in Nigeria was highlighted by its status as the only brand licensee for Texaco-branded lubricants in Nigeria.
“Tethys is dedicated to using a vast distribution network to provide Texaco-branded lubricants to consumers across the country. We look forward to reestablishing Texaco-branded lubricants as a household name in Nigeria, benefiting both our consumers and the country,” he said.
According to the National Bureau of Statistics, Nigeria imported lubricants worth N71.6 billion during the first quarter of 2021.