OREANDA-NEWS. October 18, 2011. Uz-Texaco, an Uzbek-US joint venture, and Prista Oil Group (Bulgaria) announced about launch of capacities on production of synthetic motor oils in Uzbekistan. Uz-Texaco said that motor oils are produced under the trademark of Prista.

Uz-Texaco said that it received license for production of full assortment of synthetic motor oils and high quality lubricants from Prista Oil Group in the mid of 2011. The company said that the production underwent full quality certification.

The company said that it produced 10,000 tonnes of Prista Ultra 5W40 synthetic motor oils. At the same time, the company will continue to produce Texeco products under such brands as Havoline, Ursa, Gearrtex, Rando. The project is implemented with Uzbekneftegaz. The project sum is not disclosed.

In 2012, it is planned to produce 5 million liters of synthetic, semi-synthetic and high quality mineral motor oils of latest generation. Besides, the venture plans to continue its strategy on replacing imported products with own goods. Uz-Texaco plans to claim leading position in the market of export of motor oils and quality lubricants in Central Asia and Eastern Europe.

Uz-Texaco JV was founded in 1997 to provide market with local quality lubricants. The founders of the company are Uznefteprodukt JSC and Chevron (USA). The production capacities are located at Ferghana oil processing plant. The company produces lubricants in various packages.

Currently, Uz-Texaco produces about 30 types of certified motor, hydraulic, transmission and other oils. Consumers of the products are divisions of Uzbekneftegaz, Uzbekistan Havo Yollari, NGMK, Uzdiptransservis, SamAvto, Uzbekugol, UzCase, Toshshahartranshizmat.

About 70% of products of Uz-Tecaco are exported to Central Asian states and Kazakhstan, Eastern Europe and other countries. Each month, the export orders’ portfolio of the venture is increased by about 3,000 tonnes.