Tide Water Oil (India), owner of the lubricant brand Veedol, is likely to sell half-a-acre of land at the industrial town of Oragadam on the outskirts of Chennai. It has a warehouse there and it is in the process to sell that land.
Tide Water Oil Company is a part of the multi divisional Andrew Yule group that has diverse interests in Engineering, Electrical, Tea Cultivation, Power Generation, Digital Communication Systems and Lubricants.