The company was founded in late 1994[2] with the support of the Ukrainian Research Institute of Oil Refining Industry "Masma" (Kyiv)[3] on the basis of a former military facility, as a company with a modern name.
The design production capacity was 50 thousand tons per year.
[2] In 2001, the company received an official licence from Daimler Chrysler to use Leol lubricants for Mercedes Benz engines; in 2002, it implemented the ISO 9001:2000 quality management system.
In 2000-2004, the plant won the All-Ukrainian Quality Competition.
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