Lanka IOC rewarded all its top-performing Lube distributors with a Motor Bike, along with trophy and certificate of merit based on their performance during 2019-20.
The following Lube distributors were the recipients of recognition, first rank Nathan Hardware, Jaffna, second rank Hameed Transport, Trincomalee and third rank Ismail Stores, Batticaloa
The other distributors were also rewarded for their valued contribution with a certificate of merit.
Lanka IOC Managing Director, Manoj Gupta in his address, advised all the channel partners to have a customer-centric approach and ensure increasing the secondary sales.
He further urged all the distributors to come forward and explore the possibility of marketing LIOC Bitumen and Petrochemicals. Gupta also elaborated on future expansion plans and investments in Sri Lanka. Lanka IOC is already gearing up to fast-track the completion of the upcoming 3000 Mt Grease plant to help start manufacturing the greases locally in Sri Lanka by end of 2020.
Substitution. Besides, the company has undertaken various value engineering initiatives that are environmentally friendly. This also includes the automation for blending & filling operations. The objective of the Listed Company is to save precious foreign exchange & create more employment and new business opportunities for the SME segment.
Servo Industrial distributor Mihir Lanka, proprietor Sudath and Priyanthi appreciated this knowledge sharing the initiative of LIOC which will go a long way in building brand loyalty with customers.
Lanka IOC, Sri Lanka’s No. 1 listed Energy Company, markets, and sales it’s Servo – World Class Lubricants thru a strong network of twenty-six Lube distributors island-wide. The company has plans to increase this distributor network to 30 Nos in the next couple of months.
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