A Brief History of Castrol Oil Ltd

Oct 14
08:06

2011

Carl Jenkinson

Carl Jenkinson

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Find out about the historical past of Castrol Oil. An organization which has been running for upwards of 100 years and is associated with cars and engines.

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Charles "Cheers" Wakefield,A Brief History of Castrol Oil Ltd Articles Castrol's inventor, turned out to be an entrepreneur in the grandest perception of the word.

In 1899, when he was thirty-nine, he quit a job at Vacuum Oil to begin a completely new business at Cheapside in London, selling lubes with regards to trains and large machines. He used to be persuasive individual who could communicate an image, clearly, and eight former co-workers followed him to the new firm.

At the beginning of the new century, Wakefield had taken a personal affinity for not one but two sporty completely new motorised devices - the car and the airplane. This company started off developing lubes tailored for these innovative motors, which needed oils that were runny enough to work from cold at start-up and heavy enough to remain working at very high temperatures.

Wakefield professionals found that adding a measure of castor oil, a vegetable oil created from castor beans, did the trick effectively. They named the new product "Castrol."

Having helped master a whole new type of motor oil, next CC Wakefield developed a brand new way of getting potential customers to notice the product. In a word Sponsorship. The Castrol moniker came out on banners and even flags at very competitive avaiation gatherings, auto contests and at competitive drivers' attempts to beat the speed record.

Each time a Castrol-sponsored event won, marketing campaigns heralded the success, mentioning how the champion had achieved it together with Castrol. The world land speed record was beaten 23 times within the nineteen twenties and thirties, eighteen of them using Castrol in the motor.

Wakefield increased the company's significantly prosperous products to include oils intended particularly for motor vehicle manufacturer's unique motors.

From 1960, the name of the motor oil had just about eclipsed that of the company's larger-than-life creator. CC Wakefield and Company had become, merely, Castrol Ltd. In the meantime, the company's analysts delved ever further into the complexity of engine lubes. A new modern research facility launched in Bracknell, England.

And then in 1966, The Burmah Oil Company decided to buy Castrol. Burmah Oil, probably one of Britain's earliest firms, had once essentially owned the firm which grew to become British petroleum, before selling its majority holding to the British government at the outset of World War I.

As soon as Castrol GTX launched in 1968, to recognition via motorists expert and otherwise, Castrol goods were on sale at service stations and also garages in more than 140 countries. Like the racers it backed, Castrol product sales had momentum. In the 1970 London to Mexico rally, 16 of the 23 racers had been lubricated by Castrol.

Burmah Oil in general fared significantly less well. The worldwide oil situation of the seventies sent the organization into economic freefall. The Bank of England bailed it out, although only so they could get the company's outstanding stocks and shares in British petroleum.

Brand-new subsidiaries launching all over the world in the nineteen eighties signalled Burmah Oil's rescue, and Castrol proceeded to release advanced, new products, among them Castrol GTX Magnatec and Castrol SLX.

In the year 2000, Burmah Oil and Castrol became part of the BP group. Burmah Oil's operations were folded into the group, whereas Castrol persisted to lubricate engines using their own reputable name.