Aegis Logistics Limited

Aegis Logistics Limited Analysis:

Aegis Logistics Limited, established in 1956, is a key player in India's downstream oil and gas sector. The company boasts a vertically integrated supply chain with modern liquid and gas terminals strategically located across major Indian ports. Aegis has made significant strides in the international arena through its joint venture with ITOCHU Corporation, a prominent Japanese sogo shosha, gaining a competitive edge in global LPG trading and investments. Furthermore, the collaboration with Royal Vopak, the world's leading independent tank storage company, led to the formation of Aegis Vopak Terminals Ltd. This new entity is dedicated to addressing India's evolving energy needs by developing crucial infrastructure for a wide array of products from chemicals to biofuels.

Aegis not only excels in bulk liquid and gas logistics but also stands out as a dominant parallel marketer of LPG in India. The company's acquisition of Shell Gas business in 2010 marked a significant expansion in its packed LPG distribution network, covering 15 states with 30 LPG bottling plants. Aegis is committed to facilitating India's shift towards a sustainable future by ensuring safe and sustainable storage and distribution of liquids and gases.

Despite the absence of recent investment details, Aegis Logistics Limited's strategic partnerships, extensive network, and commitment to sustainability position it as a prominent player in India's oil and gas industry, with ample potential for growth and impact in the evolving energy landscape.