NOVAX MATERIAL & TECHNOLOGY INC. continues to expand the international market and recently entered into a partnership with a well-known B2B business platform in India. OfBusiness Launch strategic cooperation and exchanges, and through its financial services companies Oxyzo, jointly explore the introduction of Taiwan's mature AdBlue® supply and service model into the Indian market, providing more convenient, flexible and efficient procurement services for Indian small and medium-sized enterprises.

Nova Materials Technology takes a photo with OfBusiness Petrochemical Business Director Nova Materials Technology/Provided

OfBusiness Come to Taiwan for exchanges in August and learn more about Nova AdBlue business model

In August this year, OfBusiness made a special trip to Taiwan to visit Nova Materials and gain an in-depth understanding of the AdBlue® business model and supply chain service system established by Nova Materials in Taiwan.

During the visit, the team not only learned about Nova's AdBlue production, supply and distribution model, but also visited the site i-blending production mode, understand how to effectively improve AdBlue’s production efficiency, supply flexibility and quality management capabilities through automation and standardized processes.

At the same time, the OfBusiness team also visited many places to import i-depot Smart storage tank systemGas stations, learn about the convenience brought by i-depot from the actual use side, as well as the operational benefits created by intelligent storage and management.

Through this on-site exchange, OfBusiness not only gained an in-depth understanding of Nova's development experience in the Taiwan market, but also saw Nova's combination of "Products, supply chain, smart devices and services"The integrated business model established has the potential to be further introduced into the Indian market and developed according to local conditions.

OfBusiness × Oxyzo Create a new model of convenient procurement for small and medium-sized enterprises in India

Founded in 2015 OfBusiness, is a representative technology-based B2B business platform in India. It mainly serves industries such as metals, chemicals, agricultural products, and apparel. It integrates suppliers, corporate customers, and logistics supply chains through a digital platform to help Indian small and medium-sized enterprises obtain raw materials and related products more efficiently. Currently the business covers India 26States and7federal territories, with an extensive network of corporate customers and supply chain.

Oxyzo It is a financial services company under OfBusiness and a non-bank financial company (NBFC) registered with the Reserve Bank of India (RBI). It mainly provides Purchase Finance、Working Capital、Vendor Finance、Invoice Discounting and Machinery Finance and other financial solutions to help small and medium-sized enterprises lower their procurement funding threshold, maintain operating cash flow, and improve procurement flexibility. As of 2026, Oxyzo’s assets under management (AUM) have exceeded 11,000 crore indian rupee, service exceeds 10Thousands of corporate customers, its business covers more than 20 states in India.

NOVAX × OfBusiness × Oxyzo Co-create a new business model in the Indian market

The core of this cooperation is not only to sell products to India, but also to localize the overall business model established by Novavax in Taiwan based on the industrial characteristics and customer needs of the Indian market.

In the future, the three parties will continue to explore OfBusiness market and customer network,Oxyzo financial service capabilities, as well as the product and technical strength of Nova Materials, jointly establish an AdBlue supply service model that is closer to the needs of the Indian market, and lower the threshold for small and medium-sized enterprises in terms of procurement quantity, logistics, capital and storage management.

Nova Materials said that India has a huge commercial vehicle market and continuously increasing demands for environmental protection and carbon reduction. The AdBlue market has long-term development potential. This cooperation with OfBusiness and Oxyzo will be based on "Product supply + smart devices + digital services + financial support” as the core, and gradually create a more convenient and efficient AdBlue supply chain service model.

Through the complementary advantages of the three parties, it is hoped that more small and medium-sized enterprises in India will be able to obtain AdBlue in a more convenient, stable and flexible way. At the same time, Novavax's smart supply chain experience accumulated in Taiwan will be extended to the Indian market, creating long-term cooperation opportunities in the fields of green transportation and smart energy services.

Nova Materials looks forward to starting from Taiwan and working with Indian partners to bring mature AdBlue Further localize the business model and jointly create the next stage of India AdBlue A new service model for the market.