Savita Oil Technologies Limited Signs Agreement with Aegis Logistics Limited
To sell Savsol brand lubricants through AEGIS AutoGas Retail Outlets
Mumbai, September 30, 2019: Savita Oil Technologies Ltd., listed on BSE and NSE, a leading manufacturer of auto, industrial and consumer lubricants, enters into an agreement with Aegis Logistics Limited, India’s leading oil, gas, and chemical logistics company to sell SAVSOL brand lubricants through AEGIS AutoGas retail stations in India. Commenting on the partnership at the signing event, Rajiv Chohan, President Business Development, Aegis Logistics Limited said: “We are very pleased with this association as it is a step towards making our Retail Outlets a one stop solution for multiple needs of the customer. Besides offering world class imported Auto LPG, we try and associate with brands of great repute to offer the best experience to our customers, and, we feel Savsol brand of Lubricants does enjoy a great consumer respect due to its quality and reach. This tie-ups will also help our Channel Partners to increase the available product portfolio and improve revenues from the retail outlet. I am sure this relationship will go a long way in benefitting all the stakeholders.”
Vikas Chandna, Executive Vice President – Retail Sales, Lubricants, Savita Oil Technologies Limited said, “We are delighted with our partnership with AEGIS group, which entails sales of our Savsol branded lubricants through world class AEGIS Autogas retail stations. This further increases our reach in a very new channel like a Retail Forecourt. This partnership bears testimony to our commitment towards enhancing the availability and reach of our world-class lubricants to our customers. I am confident that this relationship will be a win-win for both the companies.”
About Savita Oil Technologies Ltd
Savita Oil Technologies Ltd. is a 58-year old petroleum specialty products company that has also invested in the renewable energy sector. It is listed on the BSE & NSE since 1994 with a current turnover in excess of Rs.2250 Crore. With a sales volume in excess of 3,40,000 KL, Savita Oil Technologies Ltd. is one of the largest manufacturers of Petroleum Specialty Oils and Lubricants in India. It is the market leader in Transformer Oil and White Oils in India.
Savita Oil Technologies Ltd. operates 3 manufacturing facilities in Western India. Its Lube Oil manufacturing plant, which will supply these Original Oils is situated at Silvassa and is a fully automated state-of-the-art manufacturing unit certified for ISO 9001:2015 & ISO 14001:2015. Savita Oil Technologies Ltd. QC labs are well equipped and NABL accredited for testing.
Learn more about SOTL on www.savita.com & www.savsol.com
Media contact information Abhishek Agrawal AGM Marketing Savita Oil Technologies Limited Landline – + 91 22 2288 3274 Email:– aagrawal@savita.com
About AEGIS
Aegis Logistics Ltd., a listed company with a turnover of Rs.5616 Cr for FY18-19, is a dominant player in Oil, Gas and Chemical logistics business and has a chain of terminals across the country for import & storage of LPG and liquid fuels/chemicals. Its large world class terminals are located in Mumbai, Pipvav, Haldia, Mangalore, Kochi and Kandla.
The company has also commissioned a network of 115 Autogas stations for dispensing Aegis Autogas and has more than 100+ distributors for the sale of packed LPG in Domestic, Commercial and Industrial segments across 10 states in India, under the Brand name of ‘Aegis Puregas’ and ‘Chhota Cikander’.
AEGIS also has a strategic tie-up with Nayara Energy Ltd. (formerly known as Essar Oil Ltd.) for sale of Petrol & Diesel from Aegis Autogas Retail Outlets.
Aegis Group also operates internationally through its sourcing and trading subsidiaries located in Singapore.
Learn more about AEGIS India, http://www.aegisindia.com
Media contact information
Name – Sukesh Kutty
Designation – DGM Retail Business
Aegis Logistics Ltd
Landline – + 91 22 6666 3688
Email:- sukesh.kutty@aegisindia.com
