Business News of Friday, 18 August 2017

Source: ghananewsagency.org

MAG lubricants introduced onto Ghanaian market

MAG lubricants MAG lubricants

MAG Lube lubricants have been introduced onto the Ghanaian market to promote industrial development.

The products, manufactured in Dubai, were introduced onto the market by Paradise (91) Trading Enterprise.

Speaking at the launch in Accra, Mr Joginder Singh Dahiya, the Head of Sales of MAG Lube, Dubai, said the company’s products were of world class quality and that they had been introduced due to the country’s booming industrial sector.

He said the country’s oil and gas potential and the stable democratic dispensation had made Ghana an important and safe investment destination in the West African Sub-Region.

Mr Dahiya promised of the support of the parent company in Dubai to Ghana in her bid to ensure industrial and commercial transformation to create jobs for the youth.

Mrs Rachel Animwaah Sefah, the Chief Executive Officer of Paradise (91) Trading Enterprise, said MAG Lube products, including hydraulic, gear and engine oil and grease had been introduced to facilitate the Government’s One-District-One Factory initiative.

She stressed the importance of quality lubricants and oils in the maintenance and running of industrial machines and plants including automative engines for vehicles.

Mrs Sefah said the products were on the market to stay and urged industries and transport operators to patronise them to ensure the optimum operation of their machines and equipment.

Dr Agyeman Danquah, a Lecturer at the University of Ghana, who chaired the function, commended Paradise Enterprise for brining world class lubricants and oils into the country.

He expressed the hope that the collaboration between the company and the manufacturers would stand the test of time to promote the industrial advancement of the country.