City
Epaper

HPCL makes entry into US with export of lubricants

By ANI | Updated: October 8, 2024 19:00 IST

Mumbai (Maharashtra) [India], October 8 : Hindustan Petroleum Corporation Limited (HPCL) has achieved a milestone with its first-ever export ...

Open in App

Mumbai (Maharashtra) [India], October 8 : Hindustan Petroleum Corporation Limited (HPCL) has achieved a milestone with its first-ever export of HP LUBRICANTS to the United States, marking its presence in the 30th country globally.

In a breakthrough, HPCL's premium shock absorber oil, HP SHOX OIL DC, has been selected by Duroshox, a leading manufacturer of vibration isolation, motion control, comfort, and damping solutions, for use in their solar panel dampers produced at their facility in San Antonio, Texas.

This development underscores HPCL's growing international presence and its commitment to expanding its lubricant business globally.

The US market, being the largest consumer of lubricants worldwide, presents immense opportunities for growth.

CH Srinivas, ED - Lubes, HPCL said, "This milestone marks a significant step forward in our strategic expansion plans."

"We are proud to have made inroads into the US market, and we look forward to exploring further opportunities for growth and collaboration," Srinivas added.

To commemorate this achievement, a flag-off ceremony was held at Mazgaon Terminal, where the first shipment of HP SHOX OIL DC was dispatched to Nhava Sheva Port in Mumbai.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

InternationalUN welcomes Cambodia-Thailand ceasefire

InternationalZelenskyy meets Canadian PM Mark Carney, bags aid before Trump talks

InternationalActing Chairman of BNP says he has plans for "peaceful" Bangladesh

Other SportsPremier League: Liverpool edge Wolves 2-1, Brentford win 4-1, Burnley hold Everton goalless on a busy day

InternationalMagnitude 7.0 earthquake hits Taiwan

Business Realted Stories

BusinessRaj Dy CM Diya Kumari inaugurates five-day festival; says Sambhar emerging as global tourist site

BusinessPM Modi chairs meet of chief secretaries; discussion on governance reforms held

BusinessCentre unveils 2 major initiatives worth Rs 44,700 crore to boost India’s shipbuilding capacity

BusinessIndian Railways' capacity expansion to enhance train operations in Guwahati: NFR

BusinessOman’s Duqm port expands India’s range of maritime options: Report