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Business Indigenous Company 'Cambistry' Begins Local Production of Brake Fluid, Other Car Care Products


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An indigenous company in the country, Cambistry Ventures, recently installed machines at its state of the art plant to commence production of brake fluid and other car care products, ThisDay reports.

Excerpt:

The car care products industry had a boost recently when, in support of the Federal Government’s new automotive policy, an indigenous company, Cambistry Ventures Ltd (CVL) set up a multi-million naira ultra modern Automotive Transmission Fluid (ATF), brake fluid and power steering plant in Ikotun, Lagos.

Speaking after the successful installation and test run of the machine in Lagos, the installation engineer from Serac Europe, Malek Benakouche stated that the machine was durable and would stand the test of time in filling and effecting induction sealing of the products.

Managing Director, CVL, Engineer Ikechukwu Okafor, who retired as an Executive Director from NNPC said that the Federal Government’s effort to revive the nation’s auto industry was quite commendable and should be supported by all stakeholders in the sector.

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