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ExxonMobil to build alubes blending plant in India
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xxonMobil has announced plans to build a lubricants manufacturing plant in Maharashtra India worth USD $110 million.
Once operational, the plant will have the capacity to potentially manufacture 159,000 kiloliters of finished lubricants annually to meet lubricant needs of India, both in the industrial and automotive sectors. The plant is expected to begin operations by the end of 2025.
“We are proud to deepen our longstanding commitment to India with our first greenfield investment. Maharashtra is amongst India’s largest manufacturing hubs and a natural choice for our lubricant plant; thanks to its attractive investment environment,” said Monte Dobson, Lead Country Manager for ExxonMobil affiliates in India.
“This is a step change towards bolstering our position as one of India’s leading providers of high-performance lubricants. Manufacturing locally will simplify our supply chain, enabling us to serve the needs of our Indian customers more readily. We are excited about our growing role in supporting the India growth story,” said Vipin Rana, CEO, ExxonMobil Lubricants Pvt. Ltd.
The manufacturing plant will source the base stocks, additives, and all packaging locally to boost the “Make in India” initiative. The plant is expected to create over 1,200 jobs during the construction phase.
From L-RIndustry Minister of Maharashtra Uday Samant, India Lead Country Manager for ExxonMobil affiliates Monte Dobson, Deputy Chief Minister of Maharashtra Devendra Fadnavis and ExxonMobil Lubricants Pvt.
Ltd CEO Vipin Rana. SOURCE | EXXONMOBIL
ExxonMobil has an extensive range of Mobil-branded lubricants and greases. The company is also a major supplier of liquefied natural gas and chemical products in India. .