The Indian Oil Corporation is feeling positive that the CE sector will take big strides ahead. The reason is that IOC is ready with the next generation oils and lubricants that will be needed when the industry moves to BS-6 stage.
ExpertSpeak – Mr. S. Muthu Mohan, Chief Manager (Technical Services), Punjab State Office – IOC, shares: “We have high performing value-added products for the CE industry which can get better fuel efficiency, say, our recently developed Servo Hyvis 46. It is hydraulic oil and gives a fuel saving of 6-7 per cent. In the engine oil segment, we have a latest offering called CK 4, a high performing oil, when most of the market is on CF 4 and then CH 4. We are already marketing CI 4 and CI4+ oils. Even with the new emission norms to be adhered to by 2020 we are gearing up to that, even though the off-highway equipment per se is not in the ambit of the emission norms. We are ready right now and whenever they get ready we are there.”
Challenge – When electric vehicles or EVs will become a reality by 2030, oil and lube companies will face a challenge. The market is already witnessing the relevant companies gearing up to it. As Mr. Muthu Mohan puts it, “EVs will be the game changer since there will be a far fewer number of moving components unlike now. It means that our products need to become even more high performing and better in terms of efficiency. IOC is already in the fray and we are helping the OEMs to carry out trials by giving them out fuels which are BS-6 compliant.”
With the ‘most equipped and high-end R&D facility’ in the South East Asia region, IOC is ready for the challenge that is soon going to be embraced by the CE and the automotive sectors.