Toyo bags EPC contract for ExxonMobil Lubricants plant in India
ExxonMobil Lubricants Private Limited (EMLPL) has awarded the engineering, procurement, and construction (EPC) contract for its new lubricant manufacturing plant in Izam, Southwestern Maharashtra, India, to Toyo Engineering India Private Limited.
ExxonMobil is investing nearly INR900 crore (USD110 million) to build the lubricant manufacturing plant at the Maharashtra Industrial Development Corporation’s Isambe Industrial Area in Raigad.
Toyo Engineering India Private Limited is the Indian subsidiary of Japan’s Toyo Engineering Corporation.
Toyo-India will carry out EPC work from design, procurement, construction to commissioning as a lump-sum contract.
By getting the EPC contract for EMLPL’s lubricant manufacturing plant, Toyo-India has further consolidated its position as an EPC player in the energy sector, especially for high-performance lubricants.
EMLPL is a wholly owned subsidiary of Exxon Mobil Corporation (EM), a major U.S. energy company, which sells a wide range of automotive and industrial engine oils, greases and lubricants under the Mobil brand. Plant capacity is 159,000 kilolitres per year. It is expected to begin commercial operations by the end of 2025.
This project is EMLPL’s first new construction project in India, and it plans to manufacture high-performance Mobil-branded lubricants to meet the growing domestic demand for automotive and industrial lubricants.
Once operational, the majority of raw materials and packaging materials will be sourced from India, contributing to the Indian government’s “Make in India” initiative.