Lubricants

Valvoline targets double-digit market share growth in India over 5 years

The company is striving to establish a comprehensive ecosystem for its customers, offering a full spectrum of products, including lubricants, grease, diesel exhaust fuel, and more

Lubes market to grow 3% CAGR in India, continued demand likely: Report

Indian lubes market is expected to grow at a compounded annual growth rate (CAGR) of 3 per cent, with the country likely to see continued demand for lubricants notwithstanding the emergence of the electric vehicle segment, according to a report. On the contrary, the other key markets of the US, China, Japan and Russia, may witness a decline or slowdown in demand, as per the 'Kline's Global Lubricants 2022: Market Analysis and Assessment' report shared at an industry event here on Wednesday. The factors that will drive this progression include a growing digital economy, industrialization, urbanization, increasing discretionary spending, and increased investments in infrastructure development, it said. In 2021, India's lubricant market bounced back with double-digit growth after witnessing a strong decline in 2020 due to the COVID-19 pandemic. The market continued to grow further and exceeded pre-pandemic demand levels in 2022, it said. The report noted that India is a bright spot i

Castrol to pick up 7.09% stake in TVS family's Ki Mobility for Rs 488 cr

With this deal, which is Castrol's largest all-cash transaction, the firm aims to expand its presence in service and maintenance of ICE vehicles and EVs

Indian Oil to invest Rs 840 crore to set up plant, raise storage capacity

Indian Oil Corporation on Sunday said it will invest nearly Rs 840 crore in expanding its Petroleum, Oil and Lubricant storage capacities, including setting up a greenfield facility, in the Northeast

Castrol India net profit dips 9% to Rs 186 crore in September quarter

Revenue from operations rose to Rs 1,073.2 crore as against Rs 883.1 crore in the year-ago period

Renault, Castrol join hands for aftersales engine oil lubricants in India

French auto major Renault on Wednesday announced a partnership with Castrol India for supply of exclusive aftersales engine oil lubricants in India. The partnership with Castrol India, leading automotive and industrial lubricant firm, will start from January 1, 2020, the company said in a statement. This announcement is an extension of a global strategic partnership between Groupe Renault and Castrol, it added. The two partners will also combine their expertise to deliver a jointly branded product range and premium experience to Renault customers, the company said. Commenting on the partnership, Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, "I am confident that Renault and Castrol's strong and growing partnership will enable us to combine the excellent skills and knowledge across both organisations to explore new opportunities in India's rapidly evolving market." Sandeep Sangwan, who will take over as Castrol India Managing Director with ...

Gulf Oil joins hands with Piaggio Vehicles for co-branded lubricants

The new products have been co-developed for the entire range of commercial vehicles, including the ones conforming to the upcoming BS-VI emission norms.

Lubricant brands using new age tools to give fresh impetus to old community

With community based apps and data-led targeting methods, lubricants brands are hoping to take the technological trail forward

Green shoots at lubricant firms

Momentum in the personal mobility segment continues; uptick in commercial vehicle volumes as well