Valvoline Cummins Ltd. bares new technologies and expansion plans
Sandeep Singla, AVP (Marketing and Business Development), Valvoline Cummins Ltd. (VCL), in an interview with Car India said that VCL is all set to become a Rs 1,000-crore (US$204.5 million) company in India within a year. The Indian company VCL is a 50-50 joint venture between Valvoline and the engine manufacturer Cummins India. The parent company, Ashland Inc. in the U.S.A., owns the Valvoline brand and it has been in existence for 20 years.
Valvoline Cummins Ltd.’s new products are Euro III and IV compliant
Singla said that Valvoline Cummins Ltd. is the only company in India that can provide API CI-4 PLUS oil, which is why Tata Motors have allowed them to place their products in all their dealer outlets. Products, which meet the API CI-4 PLUS spec are known as Premium Blue. These lubricants can be used in Euro III-compliant engines. He claimed that Valvoline is the only company that can provide the right lubricants for Euro III engines across India. Singla said that in Euro IV engines, which use both SCR and EGR, a regular dose of the AUS 32 solution in the exhaust is required. Cummins and Tata Motors have both chosen SCR technology to meet Euro IV emissions standards. Valvoline is also the only company in India that can provide AUS 32, he said. Singla added that VCL expects a turnover of about Rs950 crore (US$194.2 million) by September 2011 (the company follows an October-September fiscal year). Achieving this would mean a growth of around 20 to 25% over the previous year. Singla also said that VCL will open a new blending plant by January-March 2012 near Mumbai. It will be a state-of-the-art blending plant for which the company has invested about Rs130 crore (US$26.5 million). (September 10, 2011)