NOVAX MATERIAL & TECHNOLOGY INC. continues to expand its international presence by exploring a strategic partnership with OfBusiness, one of India’s leading B2B business platforms, together with its financial services arm Oxyzo.

The three parties aim to introduce NOVAX’s successful AdBlue® business model in Taiwan to the Indian market, providing Indian SMEs with a more convenient, flexible, and efficient way to source AdBlue®.

OfBusiness Visits NOVAX to Explore Taiwan’s AdBlue Business Model

In August, the OfBusiness team visited NOVAX in Taiwan to gain a deeper understanding of NOVAX’s AdBlue® production, distribution, and supply chain model.

During the visit, the team toured NOVAX’s i-blending system, experiencing firsthand how automation and standardized processes improve production efficiency, supply flexibility, and quality management.

The team also visited several gas stations equipped with NOVAX’s i-depot system, allowing them to experience how i-depot improves the convenience and efficiency of AdBlue® storage and management.

Through this visit, OfBusiness gained a better understanding of NOVAX’s integrated business model combining products, supply chain, smart equipment, and services, and recognized its potential for localization in the Indian market.

OfBusiness × Oxyzo: Making Procurement More Convenient for Indian SMEs

Founded in 2015, OfBusiness is a leading technology-driven B2B platform in India, serving industries including metals, chemicals, agricultural products, and apparel. By connecting suppliers, business customers, and logistics networks through its digital platform, OfBusiness helps SMEs source raw materials and products more efficiently.

Oxyzo, a financial services company under the OfBusiness group, provides solutions including Purchase Finance, Working Capital, Vendor Finance, Invoice Discounting, and Machinery Finance. These services help SMEs improve cash flow, reduce financing barriers, and increase procurement flexibility.

The combination of OfBusiness’s B2B procurement and supply chain network with Oxyzo’s financial capabilities provides a strong foundation for introducing NOVAX’s AdBlue® business model to a wider range of customers in India.

NOVAX × OfBusiness × Oxyzo: Creating a New AdBlue Business Model for India

The goal of this collaboration is not simply to sell AdBlue® products in India, but to localize NOVAX’s successful Taiwan business model based on the needs of the Indian market.

the three parties aim to develop a more convenient and efficient AdBlue® supply model for Indian SMEs, reducing barriers related to purchasing volume, logistics, financing, and storage.

NOVAX believes that India’s large commercial vehicle market and growing environmental requirements offer significant long-term potential for AdBlue®. Through this partnership, NOVAX aims to bring its Taiwan experience to India and create a new integrated model based on product supply, smart equipment, digital services, and financial support.

Starting from Taiwan and working together with Indian partners, NOVAX looks forward to building a more convenient and efficient AdBlue® service model for the Indian market and creating long-term opportunities in green transportation and smart energy services.