LANXESS and Hindustan Petroleum Corporation Limited (HPCL) have signed a Memorandum of Understanding (MoU) to jointly strengthen the availability and market reach of advanced aviation and industrial lubricants across India and SAARC countries. The strategic collaboration aims to combine LANXESS’ global expertise in high-performance lubricant technologies with HPCL’s extensive market presence and distribution network to support growing demand across aviation, industrial, and critical infrastructure sectors.
Under the agreement, both companies will jointly explore short-, medium-, and long-term business opportunities focused on marketing, distribution, and business development for premium lubricant solutions. The partnership will enable broader access to LANXESS-branded lubricants across India and neighbouring SAARC markets, particularly in high-performance and critical industrial applications requiring advanced lubrication technologies.
Industry experts note that India’s aviation and industrial sectors are witnessing rapid expansion driven by infrastructure development, industrial modernization, rising manufacturing activity, and increasing demand for operational efficiency and equipment reliability. The collaboration is expected to support these sectors by improving the availability of technologically advanced lubricant products designed to enhance performance, reduce maintenance requirements, and improve operational life cycles.
Neelanjan Banerjee, Senior Vice President and Global Head of the Business Unit Lubricant Additives at LANXESS, said the partnership marks an important step in the company’s growth strategy in India. He stated that the collaboration with HPCL will help establish new benchmarks for quality, performance, and market accessibility while accelerating business growth in India’s rapidly expanding aviation and industrial markets.
Srinivas Ch, Executive Director – Lubes at HPCL, said the partnership aligns with the company’s objective of delivering advanced lubricant technologies to Indian customers across critical industries. He added that the collaboration will leverage LANXESS’ technology expertise alongside HPCL’s strong domestic distribution network to support efficiency and performance improvements for industrial and aviation customers.
LANXESS’ Lubricant Additives business operates globally across aviation, automotive, and industrial lubrication segments through brands including Royco®, Anderol®, Reolube®, Additin®, Naugalube®, Synton®, Hatcol®, Hybase®, and Lobase®. The company’s product portfolio includes synthetic base stocks, lubricant additives, specialty fluids, and advanced industrial lubrication solutions used in aerospace systems, industrial machinery, automotive applications, and heavy engineering operations.
India’s lubricant market is witnessing increasing demand for specialized high-performance products as industries move toward advanced manufacturing systems, higher operational efficiency standards, and predictive maintenance practices. Industry observers believe partnerships between global specialty chemical companies and Indian energy firms are becoming increasingly important in strengthening local supply chains, expanding technology access, and supporting industrial modernization initiatives.
The MoU also reflects growing international interest in India’s industrial growth trajectory and the increasing strategic importance of South Asian markets within global specialty chemicals and industrial solutions ecosystems.
HPCL, one of India’s leading oil and gas companies, operates across refining, fuel retailing, energy distribution, lubricants, and industrial energy solutions, serving a wide range of sectors including transportation, manufacturing, aviation, and infrastructure. LANXESS, a leading specialty chemicals provider with a revenue of EUR 6.7 billion in 2023, operates in 32 countries and employs around 12,600 people. The company focuses on the development, production, and marketing of chemical intermediates, additives, and consumer protection products. LANXESS is also featured in the prestigious sustainability indices of the Dow Jones Sustainability Index (DJSI World and Europe).
