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Total announces new bitumen derivatives venture in India

Indian Oil Corporation, India’s largest refiner and marketer of petroleum products, and Total of France, have formed a 50:50 joint venture company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing road-building industry in India.

The two companies already have an established business relationship in India, notably in LPG and fuel additives businesses.

News Item details


Journal title: Petroleum Review

Countries: India -

Subjects: Bitumen

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