IOCL & Total form JV to make, market bitumen derivatives
Financial Express, Delhi   28-Jul-2020

State-run oil refining and marketing company IndianOil (IOCL) has formed a joint venture (JV) with Paris-based energy firm Total for the manufacturing and marketing of bitumen derivatives for the road construction industry. The JV will set up manufacturing units across the country and will explore possibilities to cater to other South Asian markets.