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India: Marine Lubricants Cepsa to Produce Marine and Power Generation Lubricants in India
Cepsa and GP Global announced an exclusive partnership to manufacture and market Cepsa branded marine and power generation lubricants in India. As per the agreement, GP Global will manufacture, package and import branded lubricant products in India.
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Mumbai/India — M. Prabakaran, Global Head of Terminals & Country Head, GP Global Group, India, said that India was a huge market for port modernization and coastal shipping development. Major initiatives had been taken in this direction by the government. He described this partnership is the company's contribution to the governments Make in India initiative
This will be the first time Cepsa's lubricants will be produced outside their plants in Spain, as the facility in Mumbai has been the first approved by the company after a successful audit process. GP Global complied with the highest standards, occupied a strong position in the Indian maritime industry, and had in-depth know-how of the lubricant and bunkering businesses, said Álvaro Díaz Bild, Vice President — Marketing, Cepsa.
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The manufacturer's marine and power generation lubricants, as well as their lubricants portfolio are currently exported from Spain to different countries. The partnership is intended to provide the necessary framework to enter into the Indian market as the company had great experience in the marine market, especially in bunkering.
The product range includes two stroke and four stroke Engine Oils, Hydraulic Oils, Gear Oils, Greases and other specialty lubricants required by this industry. The marine range of products includes Cepsa Larus, Gavia, Ciconia and Petrel lubricants.
GP Global Energy will be manufacturing the marine and power generation lubricants through a contract with its group company GP Petroleums Limited at their plant at Vasai, Mumbai, which is already engaged in blending automotive and industrial lubricants. The plant has modern R&D and QC facility for product development and consistency. The plant is also certified with ISO 9001, ISO 14000 and OHSAS 18001.
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