GP Petroleums (GPPL) is planning to invest Rs 100 crore in a new state-of-the-art plant in Saronda, Gujarat to process over 300,000 kilo litres of lubricants, thus enabling the company to be present across the entire gamut of Indian lubes market.
This will be GPPL’s second blending plant in the country and will manufacture specialty value added products, in addition to the automotive and industrial lubricants catering to the entire value chain. Apart from the home grown IPOL brand, the plant may blend REPSOL branded automotive products as well.
GP Petroleums, a part of the UAE based GP Global, is into manufacturing of industrial and automotive lubricants, process and transformer oils, greases and other specialties under the brand name IPOL in the country and overseas market.
