IOCL, Evonik ink licensing pact
New Delhi   01-Dec-2015

Indian Oil Corporation (IOCL) has announced it will offer customers a hydraulic fluid formulated with ‘DynaVIS technology’, which is an innovation by the €13-billion Evonik Industries of Germany, under a licensing agreement (Evonik’s first licensing agreement in India).

DynaVIS is an advanced technology that optimises the viscosity of hydraulic fluids. Using a fluid formulated by DynaVIS results in less internal leakage, and the hydraulic fluid system retains its efficiency, even at high temperatures.

“We are confident of introducing Servo HYVIS EE 46 formulated by DynaVIS technology to our local customers. This oil will help hydraulic equipment (excavators, loaders, etc.) owners achieve higher levels of fuel efficiency,” IOCL Executive Director (Lubes) K L Murthy said.