Business
LANXESS and BPCL team up to create advanced industrial lubricants in India
Reported by Arjun Sethi (Fact-Checker) Β· The Hindu - Business Β·
Reported by one source so far
German specialty chemicals company LANXESS and Bharat Petroleum Corporation Ltd (BPCL) have signed a memorandum of understanding to explore long-term cooperation in advanced industrial lubricants, specialty fluids and emerging applications in India. The non-exclusive agreement provides a framework for joint technical evaluations, product development, OEM approvals, localisation and commercialisation, subject to regulatory approvals and definitive agreements. The proposed collaboration covers high-performance bearing and circulating oils, hydraulic fluids, turbine oils, refrigeration lubricants, specialty greases, industrial additives and immersion cooling fluids for data centres. The companies will also explore bio-based lubricants, electric vehicle fluids, hydrogen economy applications and environmentally acceptable lubricants. The partnership will combine LANXESS's global expertise in lubricant additives, formulation technologies and original equipment manufacturer relationships with BPCL's domestic market presence, base oil portfolio, manufacturing infrastructure and customer network. Karam Faddoul, Head of Sales IMEA for LANXESS's Lubricant Additives business unit, said the partnership will bring localized, high-performance lubricant solutions closer to customers in India and support their growth with greater speed and reliability. Neelanjan Banerjee, Senior Vice-President and Global Head of the business unit, stated that the collaboration would help accelerate the development and commercialisation of high-performance lubricants tailored to evolving industrial needs. Kannan S, Business Head at BPCL, said the partnership will combine LANXESS's global technological expertise with BPCL Lubes R&D's application knowledge and understanding to jointly develop solutions addressing Indian industry needs and emerging industrial challenges. He added that this complementary partnership will strengthen respective capabilities, accelerate technology development and enable the delivery of differentiated, high-performance and future-ready lubricant solutions for evolving industrial applications.
Context
Industrial lubricants and specialty fluids are essential for keeping heavy machinery, data centres, and modern transport running smoothly by reducing friction and wear. Partnerships between multinational chemical firms and domestic energy companies are a common way to combine international technology with local manufacturing and distribution networks.
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