GP Petroleum Ltd has formed a strategic alliance with Repsol to exclusively manufacture and market latter’s line of premium quality lubricants in India.
Repsol is a leading Spanish petroleum company and will cater to the newly emerging premium and top-end segment in the country.
GP Petroleum, on the other hand, already has a strong presence in India, with its flagship brand IPOL. The company has well equipped manufacturing facilities with hi-tech blending facility, quality-control test labs & automated filling & packaging stations.
“We are delighted to announce the tie-up with Repsol, a very well-reputed international brand and we will be marketing their entire product range as part of our portfolio. With the economy showing recovery, the lubricant segment is expected to witness growth in future. With the changing engine technology, Repsol lubricants which is focused on innovation is the answer to today’s consumer needs said Mr. Sudhir Goyel, Managing Director, Gulf Petrochem Group.”
“We see the Indian market to have great potential. India will be a very important market for us and this tie-up will help us expand our footprints in this ever growing economy. Partnering with GP Petroleums Ltd, a brand with strong presence in the Indian lubricant market, has given us a firsthand advantage in this sector. With our strengths together, we extend our capabilities to globally distribute a wider variety of products,” Mr. Orlando Carbo, Lubricants Director, Repsol, added.
The group’s in house Base Oil Storage facility of 17,000 KL is one of the largest in India and has an annual production capacity of 80,000 KL.
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