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Risk Management
Sunday, June 1, 2008
Oil keep an eye on you

Set Point Technology Holdings has announced the opening of the company’s third WearCheck laboratory. WearCheck Africa, one of three analytical operations in Set Point, monitors the condition of oil and lubricants for the earthmoving, industrial, transport, shipping and aircraft industries through scientific analysis of used oil from mechanical and electrical systems.

Graeme Horsfield, Set Point’s CEO commented, “Our new Johannesburg laboratory has advanced equipment surpassing local and international counterparts. The key function will be the analysis of transformer fluids which electrically insulate the insides of transformers. This laboratory will service the Gauteng and surrounding areas.”
WearCheck was established in Pinetown, KwaZulu-Natal in 1974 and is both ISO9001 and ISO14001 certified and accredited by Lloyd’s, Bureau Veritas, Civil Aviation Authority and Honeywell. It is a member of WearCheck International and is the pre-eminent oil condition monitoring service on the continent. WearCheck International is a group of global, independent laboratories dedicated to oil and wear particle analysis for large fleets of plant, equipment or heavy-duty vehicles. This relationship allows for the exchange of technical information and a worldwide service. The division processes in excess of 500 000 oil samples from over 15 different countries internationally on an annual basis.
Periodic analysis of used lubricating oils and oil filters limit unexpected failures and reduce machine downtime. Other benefits include the maximisation of component life, a reduction in maintenance costs and an ongoing knowledge of component condition which improves productivity. Regular oil analysis of components results in an improved combustion efficiency of engines by monitoring and optimising fuel system efficiency, thereby decreasing harmful emissions into the atmosphere.
WearCheck Africa has preferred supplier status with several original equipment manufacturers including Barloworld, Caterpillar, and has a partnership with Shell, Volvo and ABB Limited Zurich, a global leader in power and automation technologies. WearCheck is the operational partner for the oil analysis laboratory on the Lumwana mine site in Zambia.
“The new laboratory will add about 50% to our capacity for transformer oil and fuel samples on top of the 110% growth in tests we saw for 2007. The demand for analytical services continues to grow and we plan to expand our customer base in Africa and establish a greater presence in the local mining, petrochemical and construction industries,” stated Horsfield.

Copyright © Insurance Times and Investments® Vol:21.5 1st June, 2008
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