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Newly Established Petrochemicals Business Investment Opportunity in Thiruvananthapuram, India

Diesel and petrol fuel additive company which saves 20% fuel and is certified by various agencies.
- Our product saves 20% fuel and reduces pollution by 30%. - Product is tested and certified by various agencies, including the Indian Institute of Petroleum, Dehradun. - We are prepared to transfer this product technology to any of the public sector organisations, such as ONGC, Bharath Petroleum, Indian Oil Corporation. - We approached Indian Oil Corporation for sharing our technology and was forwarded to PCRA to receive the certificate. - Initial meeting with Indian Oil Corporation is done and the deal would may get finalized in 6 months if everything moves smoothly. - We have submitted our application to PCRA, once approved our application would be forwarded to ICAT for testing. - The PCRA certificate can be presented to any of the additive consuming agency, PSU oil marketing companies as a proof of fuel savings. The certificate shall be issued by PCRA, on the basis of testing the additive in one of the three laboratories of ARAI-Pune, ICAT- Gurgaon or IIP- Dehradun. - Trial is already done in Kerala, Karnataka and Gujarat. Government agencies have also given positive response. - We used to sell this product in UAE, but it's stopped now since we want sell it to private companies. - Promoter has more than 5 years of experience in this industry. - Physical asset includes own land, factory and machinery in Bangalore. - We would provide royalty to investors along with the stake in the company.
7.8   Thiruvananthapuram
Run Rate Sales
Nil
EBITDA Margin
Operating at break even
Financial Investment
USD 700 thousand for 1% stake
Contact Business
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