Corporate Results of over 2500 companies Monday, September 27, 1999
fesub.gif (4328 bytes)
Elections 99
fe.gif (834 bytes) flnews.gif (5153 bytes)
Search FE
-
-
Think Tank
This week we focus on a complete analysis of the
bullet.jpg (687 bytes) Banking Industry
-
 

Indian Oil to market Elf additives in Chennai first 

TMA Raman  
Chennai, Sept 26: Indian Oil Corporation (IOC) will commence marketing of diesel and petrol additives of French oil major Elf in Chennai starting this month and later market them in Mumbai, Delhi and Calcutta and other major cities in the country.

The move comes in the wake of IOC's tie-up with Elf last week, which gives the oil major the exclusive right to market the ELF brand of diesel and petrol additives.

According to Pennar Chemicals--which is also representing Elf in India for fuel additives--vice-president, operations, S Ilanahai, IOC plans to import 8,000 litres of Elf brands EMDFA (Elf multi-functional diesel fuel additive) and ELFP905 (additive for petrol) initially. The additives come in 20ml packs, and 1ml is normally used as additives for petrol or diesel. With the signing of the pact with Elf, Ilanahai said that IOC had for the first time recognised the need for using additives. The big challenge for IOC and others in the fuel additives market will be to sell the concept to Indian vehicleusers first.

Copyright © 1999 Indian Express Newspapers (Bombay) Ltd.

- News | Corporate | Politics | Commodities | Economy/Finance | BSE Today | NSE Today | Strategy | Convergence | After Hours top.gif (150 bytes)Top
flame.jpg (1068 bytes) © Copyright 1999: Indian Express Newspapers (Bombay) Ltd. All rights reserved throughout the world.
This entire edition is compiled in Mumbai by The Indian Express Online Media Limited, a division of
Tthe Indian Express Group of Newspapers. Managed by The Indian Express Online Media Limited and hosted by CerfNet.