Millers Oils has opened its new £500k research and development centre at Rastrick Common.
The company has been supplying lubricants that help save energy for 125 years - long before energy efficiency and CO2 reduction was on the radar of governments and industry.
And, its new premises will provide the capability to develop low friction oils that set new standards for efficiency.
The unveiling of the centre coincided with the presentation of the “Queen’s Award for Enterprise: International Trade” which was awarded earlier this year.
The company supplies high-performance motor oils for racing cars and recently signed a new three year sponsorship deal with the British Rally Championship driver Callum Black.
And, its Nanodrive oils used by racing cars is to be applied to road cars with an expected 2.5 per cent saving on fuel for the everyday motorist.
Joing managing director Nevil Hall said: “The new R&D centre is essential to ensure we continue the steep growth we have experienced for the last decade.
“As a relatively small company it is important that we develop innovative solutions to meet the challenges our customers face.
“There is a huge amount of interest in Millers Oils. It’s a testament to all the people who work here that we continue to punch above our weight and draw such interest from key figures in the industry such as Lord Drayson who took time out of his schedule to speak at the event.”
Millers Oils has always pursued technical achievement rather than marketing as a formula for success.
Through products like the revolutionary Nanodrive oils, efficiency-boosting Solform gel and independently endorsed VSPe fuel additives, the company has built its reputation, while almost trebling its turnover in the last 11 years.
Millers Oils was founded in 1887 by John Watson Miller.