IEV Holdings has announced that its wholly-owned subsidiary, IEV International, has obtained an exclusive 5-year master license for the Oxifree corrosion control technology (Oxifree) in India.
This marks the fifth country in Asia for which the group has acquired the exclusive rights to distribute, apply and maintain products utilizing the technology, after Vietnam, Malaysia, Brunei and Indonesia.
Oxifree is a sprayable polymeric resin coating that protects a wide range of bolted metallic components with complex geometris and has applications in a broad range of industries such as mining, power, utilities, marine and oil and gas. It also complements a suite of cathodic protection solutions already offered by the group’s offshore engineering sector.
Contributed by Shares Investment
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