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US’s ExxonMobil to build lubricant manufacturing plant in India
Texas-headquartered ExxonMobil is investing nearly INR 900 crore to build a lubricant plant in Raigad, Maharashtra. Expected to start in 2025, the new plant is expected to produce 159,000 kiloliters of finished lubricants and provide 1,200 new jobs in the country.Read more
Brenntag buys Reeder Distributors’ lubricants division to strengthen US business
Brenntag, the global market leader in chemical distribution, has signed an agreement to acquire the lubricants division of Reeder Distributors Inc that is a regional, integrated lubricant distributor headquartered in Fort Worth, Texas (USA).Read more