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Evonik, a €1.9-billion creative industrial group from Germany, has entered into a licencing agreement with Indian Oil Corporation Ltd (IOCL) to offer hydraulic fluid formulated with DYNAVIS technology in India.
"Effective this month, IOCL will be offering our customers hydraulic fluid formulated with DYNAVIS technology. We are confident in introducing SERVO HYVIS EE 46 formulated with DYNAVIS technology to our local customers,” K L Murthy, Executive Director (Lubes), IOCL, said at CII-EXCON expo here.
“This oil will help the hydraulic equipment owners and operators (e.g. excavators, loaders, etc.) achieve higher levels of fuel efficiency and productivity," he added.
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