Why foreign investment is critical to the advacement of Elite Petrochemical comp

Posted by elitepetrochemical on December 24th, 2020

The opening of the Myanmar oil and gas industry to international companies has triggered an unprecedented increase in demand for appropriate capabilities and equipment in this sector. In particular, Elite Petrochemical has taken advantage of the rising demand for gas products to gather a host of internationally known industry names to introduce necessary services and equipment in its value chain. Since most of the Myanmar oil and gas industries have focused on the upstream activities, Elite petrochemical has pooled foreign investors to meet the demand. Together, these investors have showcased a wide range of upstream products and services, including surveying, data acquisition, onshore and offshore field exploitation, modern drilling technologies, and geological studies. As a result of the partnership with foreign investors, the company has managed to construct its main jetty covering a length of 204m and a breadth of 20m. The jetty makes it easy to offload imported oil and gas products.

One of the Elite petrochemical advantages is that it is one of Ayer Shwe Wah group members in Myanmar that has several years of experience in the supply of energy in this state. As a result, Elite has managed to build strong networks and operations to fulfill the LPG demands in most of the cities in Myanmar. Elite Petrochemical has established several branches in major cities such as Mandalay, Magwe, Taunggyi, and Yangon. At all its distribution centers, customers can access technical personnel who offer information and maintenance services about Myanmar oil and gas products. Despite that, the company continues to position itself to become the best LPG brand in Myanmar. Elite Petrochemical has currently laid marketing strategies for its 4 kg, 15kg, and 48 kg gas sizes. The company sells its LPG products at competitive and reasonable prices under the “eff” brand. Not only that, customers are assured that all cylinders pass quality, quantity, and standard tests before they are delivered to them.