BASF and GO Pakistan sign MoU for research-based collaboration
BASF has entered into a partnership with Gas and Oil (GO) Pakistan to help vehicles improve fuel efficiency and reduce their environmental impact. A memorandum of understanding (MoU) was signed on October 20, 2020, in the presence of Faisal Akhtar, managing director, BASF Pakistan, and Zeeshan Tayyeb, chief operating officer, GO Pakistan.
Under the MoU, GO will apply BASF’s wide range of Keropur® additives to conventional fuel to reduce fuel consumption and emissions. In addition, both parties will exchange knowledge to better serve local customers in Pakistan.
“Air pollution is a pressing issue in Pakistan. With GO’s expertise in the downstream petroleum business and our world-class components and formulations, we aim to bring chemistry-driven innovations to the automotive industry in the country,” said Akhtar.
“As one of the leading oil marketing companies in the country, we aim to supply high-quality petroleum products to our customers across Pakistan. With partners like BASF, we are one step closer to making our mission a reality,” said Tayyeb.
About BASF Fuel and Lubricant Solutions
BASF Fuel and Lubricant Solutions is part of BASF’s Performance Chemicals division. The division’s portfolio also includes Plastic Additives, Kaolin Minerals, as well as Oilfield Chemicals and Mining Solutions. To learn more, visit BASF.
About Gas & Oil Pakistan Limited (GO)
GO is the fastest growing oil marketing company in Pakistan. With offices in Lahore, Karachi and Multan, and depots and terminals across Pakistan boasting one of the largest storage capacities in the country, GO operates more than 650 fuel retail outlets. GO is also the first oil marketing company in Pakistan to introduce electric vehicle chargers. In 2019, GO posted sales of approximately USD1 billion. Further information on GO is available at www.gno.com.pk.