By Tobias Pius
TIPP OIL, Germany’s leading premium lubricants producer, has restated its commitment and determination to fully launch into Nigeria’s market this year despite the challenges faced in 2020.
The company is also reassuring that its re-bottle deposit scheme, that comes with its quality lubricants, will surely change the game in the Nigerian lube market.
Sebastian Maier, managing director of TIPP Oil, restating the company’s resolve to introduce to Nigeria as promised, its plastic container deposit and buy-back scheme, a premier launch in the world’s lubricants industry, said TIPP’s award-winning and proudly ‘Made in Germany’ quality products are well positioned for Nigeria following huge interests the premium products have attracted in the country.
Maier further said: “TIPP OIL is very determined to formally launch into the Nigerian market this year. Though there were some challenges in 2020, we are determined to press ahead with our plans to launch out big into the Nigerian lubricants market because we are very confident of our products as they are also doing well in other African countries.”
The company’s plastic rebottle system has been acclaimed as an industry first, globally, due to its innovative method of storage for plastic bottles, while at the same time saving the environment.
The plastic rebottle system has a buy back clause on the plastic containers for a fee after use for cleaning and recycling back into the system, a novelty in the Nigerian market, which can also bring immense difference to the nation’s eco-friendly approach, following the manner of managing the after use of products in plastic containers.
Nigeria is known for its enormous turnout of plastic waste, generating some 2.5 million tonnes annually, 70 per cent of ends up in landfills, sewers, and water bodies, according to Nigeria’s Ministry of Environment.
TIPP OIL’s recycling system has been in play for close to three years and the company said it has led to a 20 per cent increase in sales for distributors and partners globally, adding that this has prompted it to make good its word to kick start big in Nigeria this year.
Already in circulation across other African markets, including Ghana, Angola, Togo, Guinea, and Namibia, TIPP OIL products range includes car engine oil, gear and hydraulic oil, agricultural machinery oil, marine oil and many others.