Specialty chemicals firm LANXESS has signed an agreement with Hindustan Petroleum Corporation Limited (HPCL) to market aviation and industrial lubricants in India and across the SAARC region. The partnership is designed to expand availability of advanced lubricant solutions, leveraging HPCL’s distribution reach and LANXESS’s technical expertise to serve aviation and industrial customers.
Specialty chemicals maker LANXESS plans to invest Rs 150 crore in Gujarat by setting up a new blending plant at its Jhagadia site. The facility will manufacture specialty lubricant additives for customers across India, the Middle East, and other global markets. The move is positioned as a boost to regional customer focus and supply capacity.
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