Photo copy

Petronas Lubricants International (PLI) is keen to grab a larger share of the Indian market. It is preparing to ride the next phase of growth in the Indian lubricants market. As part of its growth plan, the company launched a USD 50 million lubricant blending plant in the Maharashtra Industrial Development Corporation (MIDC) zone at Patalganga near Mumbai. The new plant, constructed over 25 acres, and with an estimated production output of 110 million litres, is equipped with world class blending facilities and equipment according to Giuseppe Pedretti, Regional Head – Asia, PLI. Expected to begin production in 2017, the plant, according to MP Singh, CEO, Petronas Lubricants India, marks the next wave of growth in line with the company’s aspiration. “We are aiming to capture five per cent of the total market share by 2019,” he added.

Leave a Reply

Your email address will not be published. Required fields are marked *

AlphaOmega Captcha Classica  –  Enter Security Code
     
 

*