Bharat Petroleum to export metal cutting gas

By Venkatachari Jagannathan | 15 Oct 2007

1
Chennai: As a part of its `Beyond LPG'' strategy, Bharat Petroleum Corporation Limited will start exporting metal cutting gas to fifteen countries.

The company will first launch the product in Saudi Arabia and it will be shortly followed by a launch in South Africa.

Says S K Jain, executive director, "We will supply the additive to our overseas partner who will sell the final product overseas."

The Indian Oil Company will get royalty income. Some of the countries to which Bharat Petroleum will sell its addictives are the UAE, Qatar, Bahrain, Jordan, Malaysia, Indonesia, Thailand, Kenya, China, Nigeria, Bangladesh and Nigeria among others.

In 2003 Bharat Petroleum decided to leverage its extensive cooking gas dealer network to earn higher non-core income by providing a marketing outlet for con petroleum products. Accordingly, it signed distribution deals with tea, rice and consumer durable companies for cooking gas dealers to distribute their products.

Recently Bharat Petroleum signed a similar deal with kitchen appliances company Maharaja Appliances Limited. As per the deal, the cooking gas dealers of Bharat Petroleum will soon start selling the Maharaja Whiteline branded consumer durables.

According to Jain, the retail prices of the products sold by the gas dealers are lower than the market price. "In addition the goods are delivered at the door step. The service is a good hit with IT professionals in cities like Bangalore."

Business History Videos

History of hovercraft Part 3...

Today I shall talk a bit more about the military plans for ...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of hovercraft Part 2...

In this episode of our history of hovercraft, we shall exam...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Hovercraft Part 1...

If you’ve been a James Bond movie fan, you may recall seein...

By Kiron Kasbekar | Presenter: Kiron Kasbekar

History of Trams in India | ...

The video I am presenting to you is based on a script writt...

By Aniket Gupta | Presenter: Sheetal Gaikwad

view more