Production of 3,000 m3 of Lubricants in Freeport

10 years, 2 months ago - 9 March 2014, Le Matinal
Production of 3,000 m3 of Lubricants in Freeport
Produce 3,000,000 liters (3,000 m3) of mechanical lubricants per year. This is a plan of Sivoko Lubes Ltd, a branch company Sivoko, specializing in the manufacture of springs and automotive bolts.

The production unit will be located in an existing building in Freeport to Red Sea. An agreement in principle was signed in this regard between Sivoko and Mauritius Freeport Development. If all goes as planned, the Lube Oil Blending Plant will be operational by end of October.

The project proponent wants to invest in Mauritius saw its strategic positioning in the Indian Ocean, it will facilitate access in Africa. It also justifies its decision by the fact that Mauritius is the first African country ranking 'Ease of Doing Business. The promoter is also said to motivate by accompanying measures passed in the 2014 budget, including the right to grant a subsidy of 25% on each container exported to Africa. The production unit will be designed in such a way that the production of different products for the lubrication of machines and engines, would be 10,000 liters per day. This project is likely to create fifteen direct jobs.