Kolkata (IP News). Minister of Petroleum & Natural Gas and Steel Dharmendra Pradhan inaugurated the new Lube Blending Plant at Kolkata today, in the presence of Shrikant Madhav Vaidya, Chairman, IndianOil. This new plant is a significant step towards making India self-reliant in its lubricants requirement.
With an investment of Rs 142 crores, this project generated a total of 72000 man days. Not only will this project meet requirements of the ever changing industrial domain, but will also ensure quality products creation with the help of its NABL accredited laboratory and top notch product evaluation techniques.
While giving his address , Minister said this inauguration of the Lube Blending plant in Kolkata is an important chapter in the history of eastern India’s development under the vision of Honourable PM Narendra Modi. “Kolkata’s Lube blending plant will cater to the growing demand for lubricants in the eastern part of the country. The existing plant’s capacity up-gradation & augmentation along with the new state of the art blending plant will ensure availability of Servo grade of products to its customers in West Bengal, Bihar, Orissa, Jharkhand & entire North East.”, Pradhan said.
“The plant is another stride towards an “Energy Secured Atmanirbhar Bharat” and will contribute to the economic growth of the country. With the philosophy of Pehle Indian Phir Oil ,IndianOil is fully geared up to provide its customers a wide variety of lubricants to all industrial sectors spanning across railways, engineering, fertilisers, steel, sugar, power and more”, said S M Vaidya, Chairman IndianOil in his address.
Strategically located in the Kolkata port area, with its convenient access to the jetty that allows easy transportation of Base Oil and Additives, and sprawling over more than thirteen and a half acres, the Lube Blending Plant, Kolkata of IndianOil is among eastern India’s largest lube blending plants. With an annual throughput capacity of over 100,000 kilo litres, the Lube Blending Plant, Kolkata will now produce more than 200 grades of world class Automotive oils, Industrial oils, marine oils, rail roads oils, cutting and transformer, rolling oils etc.
About Servo :
The lubes and grease market is a complex amalgam of commercial and passenger vehicles, 2- and 3-wheelers, agricultural equipment, stationary engines, marine and industries that range from steel, cement, power, mining, railroads, textiles, automobiles and glass. In this market of opportunities, it is a heated race between brands to capture the imagination of the stakeholders. But with one of Asia’s finest research and development facilities supporting it, SERVO is the brand to look out for. With a turnover of nearly Rs.8000 crores, it is India’s biggest lubricant brand and enjoys a market share of more than 27% in the Finished Lubes segment. SERVO has more than 5200
