NRL exports 132 Metric Tonnes Wax to Europe
After being exported to 19 countries across the globe, NRL Wax now makes its way into the European market. The first consignment of 132 Metric Tonnes of Wax has been flagged off to Poland from the Company’s Marketing Terminal at Numaligarh today (12th January 2018) by Chief General Manager (Finance) NRL Mr. Indranil Mitra in presence of senior officials of the Company.
Export to Europe assumes special significance since the European market is known to be quality conscious and entry into this prestigious market will further enhance the brand value of NRL Wax. This is also a testimony to the high quality of NRL wax, which has within a span of two years, been able to establish a foothold in more than a dozen countries worldwide including Mexico, Kenya, Nepal, Bangladesh, Nicaragua, Thailand, Hong Kong (China), Brazil.
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 of India, Narendra Modi had dedicated NRL’s Wax plant to the Nation on February 5, 2016. The 50,000 Metric Tonnes (MT) Wax plant, commissioned in March 2015 at a cost of Rs. 676 crore, is the country’s largest wax producing unit with indigenous technology developed by the Indian Institute of Petroleum-Dehradun, Engineers India Ltd and NRL.
Flagging off of Export consignment of Wax to Poland by CGM(Finance) NRL Mr. Indranil Mitra on 12-01-18 in presence of senior NRL officials