NANDAN PETROCHEM's growth strategy syncs with industry pace
Velvex is one of the leading business houses in India with diversified interests in lubricants, petroleum derivatives & food products catering to multi-disciplinary industries.
Mr. Nandan S. Agrawaal, Managing Director, Nandan Petrochem Ltd.
"We are putting a lot of efforts and investments in developing the Velvex brand by providing the market a quality solution in the mid-segment, which is filled with either local brands or MNCs. We have explored the space available in between by adding value and offering premium quality at competitive price point. The JV with Avista Oil GmbH helps us leverage the technical inputs from them in formulation to reduce the gestation period require to build a new product when we speak to OEMs," expressed Mr. Nandan S. Agrawaal, Managing Director, Nandan Petrochem Ltd.
On the AdBlue front, NPL BlueSky Automotive is a Technical JV between Nandan Petrochem Ltd. (NPL) and KRUSE Automotive GmbH, Germany, to manufacture and market AdBlue (AUS32/DEF) in India. As early as in 2011, when India decided to implement BS-IV in 13 cities, NPL BlueSky Automotive commissioned the AdBlue manufacturing plant in India, thereby today a pioneer and largest manufacturer of AdBlue in India. They have also got a direct approval from VDA to become the primary holder the trademark AdBlue in India.
According to Mr. Agrawaal, the demand for AdBlue is bound to accelerate in tune of 1 million KL in the next 2 years from the current volume of 150,000 KL. NPL is already under the capacity expansion phase. Mr. Agrawaal informed: "Once BS-VI kicks in all the OEMs have to adopt to SCR technology and the requirement for AdBlue is likely to increase further once passenger cars start using SCR technology for NOx reduction. We already have four plants and the next phase of expansion will add four more plants in the next two years to cater to the growing demand." The company has also factored in their stock points and distribution network.
For More Detail Visit this Website : https://www.velvex.in
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