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LANXESS and HPCL sign MoU to grow aviation and industrial lubricants in India and SAARC region
German speciality chemicals company LANXESS and Hindustan Petroleum Corporation Ltd (HPCL) have entered into a Memorandum of Understanding to jointly advance the availability of aviation and industrial lubricants in India and SAARC countries. They will explore short-, medium-, and long-term marketing and business development opportunities and expand access to LANXESS-branded lubricants.
Why It Matters
The partnership could expand premium lubricant access in India's aviation and industrial sectors and across SAARC markets, potentially shaping competition and supply chains in the region.
Timeline
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LANXESS and HPCL sign MoU to advance aviation and industrial lubricants in India and SAARC region
May 14, 2026
German speciality chemicals company LANXESS and Hindustan Petroleum Corporation Ltd (HPCL) entered into a Memorandum of Understanding to jointly advance the availability of aviation and industrial lubricants in India and SAARC countries. The collaboration aims to deliver technologically advanced, high-performing lubricant solutions, and to explore short-, medium-, and long-term marketing and business development opportunities, enabling broader local access to premium LANXESS-branded aviation and industrial lubricants.