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ExxonMobil to build lube blending plant in Maharashtra, India

ExxonMobil to build lube blending plant in Maharashtra, India
Left to Right: Uday Samant, Minister of Industries of Maharashtra, Monte Dobson, Lead Country Manager, Affiliates, ExxonMobil India, Devendra Fadnavis, Deputy Chief Minister of Maharashtra and Vipin Rana, CEO, ExxonMobil Lubricants Pvt. Ltd. Photo courtesy of ExxonMobil

ExxonMobil is investing nearly INR900 crore (USD110 million) to build a lubricant manufacturing plant at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area in Raigad, India. 

Once operational, the plant will have the capacity to potentially manufacture 159,000 kiloliters of finished lubricants annually to meet growing domestic demand from industrial sectors such as manufacturing, steel, power, mining, and construction, as well as from passenger and commercial vehicle segments. It 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.  

In a significant boost to the “Make in India” initiative, the plant will source a larger part of the base stocks, additives, and all packaging locally. It is expected to create nearly 1,200 jobs during the construction phase. 

“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 and consumers more readily. We are excited about our growing role in supporting the India growth story,” said Vipin Rana, CEO, ExxonMobil Lubricants Pvt. Ltd. 

The company made the announcement in the presence of Deputy Chief Minister Devendra Fadnavis, Industry Minister Uday Samant and senior officials from Maharashtra.