During Q3, Confidence Petroleum through its subsidiary, Confidence Futuristic Energetech Limited, launched Composite LPG Gas Cylinders under the brand 'GoGas Elite' for domestic and commercial segments. These cylinders are available in convenient sizes of 2, 5, 10 and 20 kgs.Confidence has launched a plan to set up nation-wide network of distributors for GoGas Elite which will find an immediate acceptability amongst urban households and the HORECA (Hotels, Restaurants & Cafes) segment. Recently, the company launched GoGas Elite in Mumbai.Talking about the new composite cylinder, Mr. Khara said, "GoGas Elite cylinders are not only aesthetically appealing but also has tangible benefits as they are light-weight, rust-proof and most importantly, blast-proof, thereby reducing chances of further devastation in untoward incidences such as fire. Confidence is proud to make composite LPG cylinders available to consumers, both domestic as well commercial."For identifying growth opportunities in the Global Composite Cylinders Market, please visithttp://www.lucintel.com/global_composite_cylinder_market_17.aspx
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