IRANOL Oil Co., in order to complete its product portfolio and increase its market share according to the 1404 company strategy, for the first time has presented the “MOTORO” motorcycle engine oil to the market
The public relations and advertisement of IRANOL Oil Co. reported that Mr. Isa Eshaghi said during the ceremony for the 40th anniversary of the Islamic Revolution and for appreciation of the retirees of the company amongst the workers at Tehran refiner that: Following the warm welcome by the market from the four new products of IRANOL during the first half of the year with the highest global quality, a few other new products are included in the company agenda which shall gradually be presented to the market within the coming months
He said: “MOTORO” motorcycle engine oil with its special formulation is designed for protecting the integrated set of engine and gearbox of various four-strike engine motorcycles
Mr. Eshaghi explained: the most important company strategy is to reduce the sale of basic raw oil and to increase the final product which fortunately by implementing this strategy the sale of various IRANOL final products has increased from 110 million liters in 2015 to more than 150 million liters by the end of the last year and this year we shall see a 10% increase compared to last year according to our strategy
He stressed: The increase of the sale of the final product led to the fact that the market share of IRANOL engine oil increases from 19% in 2014 to approximately 30% in the first 9 months of this year. The increase of market share and sale has led to the growth of company’s profits
He stated: The 10-step growth of IRANOL amongst the top 100 national companies from rank 97 to 87 shows our special attention to the sale of final products
The managing director of IRANOL Oil Co. stressed: The process of increasing the share market for engine oil, growth of profits, sale and exportation of engine oil and decrease of raw material selling are going well according to the 1404 strategy
The managing director of IRANOL Oil Co. recognized the multi-aspect development in different sections as one of the factors of IRANOL plans and stated: by the year 2022, 10 projects have been planned for IRANOL and by utilizing these projects our company will reach a better situation in its sale and profit generation
He listed the utilization of the cooling tower at IRANOL Abadan refinery, the Mahshahr exportation terminal (25,000-ton tanks) and the shipping railway from Tehran to Mahshar as some of the projects already being utilized and said that other projects are currently being commenced
He acknowledged attention to HSE as one of the most important plans of the company and stated: Fortunately today (Feb. 12th) the project for equipping all centers and refineries of IRANOL with standard cameras commence and all centers will be equipped with 402 modern monitoring cameras
It should be noted that “IRANOL MOTORO” is the first motorcycle engine oil with JASO MA standard for all non-automatic motorcycles. This oil due to its compatibility and protection of the clutch system (the clutch set is located inside the oil) reduces damages to the clutch and therefore decreases the cost of repair
“IRANOL MOTORO” motorcycle oil with its special formulation is designed for the protection of the entire integrated engine and gearbox set of various four-strike motorcycles and with a volume of 3.1 liters in each container covers the needs of new motorcyclists with an engine volume of more than 125 cc
By the end of the ceremony 10 retires were appreciated: Messrs. Ali Ameri, Mohammad Mohammadi, Foad Farahani, Afshar Mardaneh, Asadoolani Ali, Naser Nosrati Jahromi, Bahram Asemi, Jahangir Jafar Azad, Ali Shokouhi and Esjandar Boghraei
11 February 2019 Print
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