Lanka Indian Oil Company
Lanka IOC Sri Lanka offers a variety of lubricants and engine oil Sri Lanka needs. From motorcycles to ships Lanka IOC has a huge variation of engine oil and lubricant products.
Lanka IOC Servo is a leader among the lube and engine oil market in Sri lanka, promising to offer the best high quality world class engine oil Sri Lanka deserves. Servo lubricants is produced in Sri Lanka according to the globally renowned Servo specifications in Lanka IOC’s state of the art labs in Trincomalee.
Find out more about the products by visiting their website and using the chooser application for Lanka IOC consumer lubricants and Industrial Lubricants for Engine oil Sri Lanka.
As a leader amoung Sri Lanka oil companies Lanka IOC introduces new look Servo Lubricants to local market
September 27, 2016 10:08 amThe specialty of the product as mentioned was its improved strength and aesthetic look and the feel for the buyer. Other features as noted were its increased speed, smoothness, higher life span and energy with a higher load. Lanka IOC PLC Managing Director Shyam Bohra said that they are pleased to introduce the global container concept to Sri Lanka.
“The new design has the ease of handling it, and the aesthetic look is better than before. This particular design has been developed following research,” he said.He added that this container is much stronger in terms of design and the container can be used for different purposes and will certainly benefit the end users more. Though there are 13 players in the country’s lubricant market at present, Chevron being the leader, he said that with improved accessibility and brands, their market share is increasing year-on-year.
Being the number two player in Sri Lanka and enjoying a market share of 17-18 percent at the moment, he said that they are aspiring to touch up to 25 percent in 4-5 years. He added that as the R&D is done in India, the new technology is being immediately imparted to Sri Lanka.
He further said that with over 1,000 commercial grades and over 1,500 formulations encompassing literally every conceivable application, SERVO serves as a one-stop shop for complete lubrication solutions in the automotive, industrial, and marine segments.
It was also noted that it comes to Sri Lanka as a compliment from the parent company as it will not add any extra cost to LIOC or consumers.
As LIOC exports Servo brand of lubricants to Maldives, they would be exporting to Indonesia as well in the near future.
Lanka IOC is a leader among Sri Lanka Oil Companies and the Indian Oil’s subsidiary in Sri Lanka, is the only private oil company other than the state-owned Ceylon Petroleum Corporation (CPC) that operates retail petrol/diesel stations in Sri Lanka and a key player in engine oil in Sir Lanka market. It has over 150 fuel stations in Sri Lanka.
Taken from Daily Mirror
Recently Lanka IOC conducted a skill building program for its employees in collaboration of the Indian Oil Corporation Limited at its facilities in Mumbai India. The training was conducted at IOC’s world class training center at Mumbai “IndianOil Management Centre for Learning (IMCL)” during January 2017.
The objective of the program was not only to give technical inputs on product knowledge, selling skills with focus of customer relationship management, but also to expose them to the values & strength of the parent company. Indian Oil Corporation (IndianOil) is India’s largest commercial enterprise, with a sales turnover of US$ 61 billion for the year 2015-16. IndianOil is ranked 161st among the world’s largest corporates (and first among Indian enterprises) in the prestigious Fortune ‘Global 500’ listing for the year 2016.
Lanka IOC team was absolutely delighted after their visit to India with some of the members expressing it as a life changing experience. Visit to India also gave them an opportunity to see some important tourist places.