Word: tankanlagen
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...inactive Jan. 1. Indiana-Nitag. Should a tariff be placed upon petroleum and its products, hard hit would be Standard Oil Co. of Indiana, big importer. Last week Indiana expanded its foreign markets by acquiring a large interest in Germany's N I T A G (Naphtha Industrie und Tankanlagen Aktiengesellschaft) for $1,100,000. Nitag, a distributing company, handles 420.000 bbl. of petroleum products a year. In future a large part of its needs will be filled by Indiana from its Venezuelan fields and refinery on the Island of Aruba. Last spring Indiana obtained a 50% interest in Petroleum...
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