Wax from Numaligarh Refinery makes way into European market
, ET Bureau|
Updated: Jan 12, 2018, 05.01 PM IST
GUWAHATI: After being exported to 19 countries across the globe, wax manufactured in Assam-based Numaligarh Refinery (NRL) has now made its way into the European market with the new consignment 132 Metric Tonnes of wax being dispatched to Poland.
According to NRL, the first consignment of 132 Metric Tonnes of wax has been flagged off from the company's marketing terminal at Numaligarh today on Friday by Chief General Manager (Finance) NRL, Indranil Mitra.
"The export to Poland assumes special significance because the European market is known to be quality conscious and entry into this market will further enhance the brand value of NRL Wax. This is also a testimony to the high quality of NRL wax which, within a span of two years, has been able to establish a foothold in more than a dozen countries worldwide including Mexico, Kenya, Nepal, Bangladesh, Nicaragua, Thailand, Hong Kong (China), Brazil," said the company.
With this consignment, the total export of NRL Wax stands at around 6,000 Metric Tonnes. The company is also exploring opportunities of exporting wax more countries in the near future.
Prime Minister Narendra Modi dedicated the plant to the nation on February 5, 2016. Commissioned in March 2015 at a cost of Rs 676 crore, the plant is the country's largest wax producing unit with indigenous technology developed by the Indian Institute of Petroleum-Dehradun, Engineers India Ltd and NRL.
According to NRL, the first consignment of 132 Metric Tonnes of wax has been flagged off from the company's marketing terminal at Numaligarh today on Friday by Chief General Manager (Finance) NRL, Indranil Mitra.
"The export to Poland assumes special significance because the European market is known to be quality conscious and entry into this market will further enhance the brand value of NRL Wax. This is also a testimony to the high quality of NRL wax which, within a span of two years, has been able to establish a foothold in more than a dozen countries worldwide including Mexico, Kenya, Nepal, Bangladesh, Nicaragua, Thailand, Hong Kong (China), Brazil," said the company.
With this consignment, the total export of NRL Wax stands at around 6,000 Metric Tonnes. The company is also exploring opportunities of exporting wax more countries in the near future.
Prime Minister Narendra Modi dedicated the plant to the nation on February 5, 2016. Commissioned in March 2015 at a cost of Rs 676 crore, the plant is the country's largest wax producing unit with indigenous technology developed by the Indian Institute of Petroleum-Dehradun, Engineers India Ltd and NRL.
