LIOC launches bitumen marketing

A ceremony was held recently at the Lanka IOC (LIOC) head office to officially announce the marketing of bitumen by the company. LIOC Managing Director Suresh Kumar said that Lanka IOC is making phased investments to provide world-class quality petroleum products and services at the most competitive prices to Sri Lankan customers. He said that Lanka IOC has already entered into the bunker fuels market and has achieved more than 40%of the market share within a short period. (February 15, 2010)