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The petrochemical industry in India has been one of the fastest growing industries in the country. This industry also has immense importance in the growth of economy of the country and the growth and development of manufacturing industry as well. It provides the foundation for manufacturing industries like construction, packaging, pharmaceuticals, agriculture, textiles etc.Petroleum productsare useful materials derived from crude oil (petroleum) as it is processed in oil refineries. Major products of oil refineries includes asphalt, liquefied petroleum gas, diesel fuel, lubricating oils, fuel oils, gasoline, kerosene, paraffin wax, tar, petrochemicals. Product variation is fairly extensive depending on the requirements of the segment served. In many cases, specific customers have their own special requirements.
The lubricating oil and grease are one of the most important sectors of the petrochemical industry. The lubricating oil and grease market in India is of the order of 1.3 million tonnes and is growing at around 4.5% annually. The moderate growth is paradoxically due to the supply of better quality of lubricants which have longer servicing capability. The lubricant market is estimated to grow to the level of 1.42 million tonnes in 2006-07 and to approximately 2 million tonnes in 2014-15.
The Indian lubricants industry claims to be the sixth largest in the world. It has the presence of almost all major MNCs which include Shell, Mobil, Gulf oil, Caltex. Some of these oil majors have even tied up or renewed old ties with public sector undertakings, thereby gaining the advantage of distribution and infrastructural networks. The industry is being constrained by high petroleum prices.
The Lubricants market was dominated by three public sectors refinery companies. One of them is Bharat Petroleum, followed by Indian Oil Corporation and Hindustan Petroleum. Small contributions came in from BPL and private players like Castrol, Lubrizol India and Indian Additives came into existence for manufacturing sophisticated lubricant additives with the collaboration of Lubrizol and Chevron, respectively.
The Lube market consists of two major segments, automotive and industrial, having a market share of 60% and 40%, respectively. Most of the competition is crowding into the first category. In the automotive segment, while cars and two or three wheelers segment accounts for 30% of the market, diesel operated engines, trucks and other heavy vehicles have the bulk share of 70%.
Some of the leading brands include Mobil, Penzoil, Castrol, Servo, Friction, Modifiers, Multi-G, Power Trac, XHD, Elf, Motorol, ESSO, Shell, to name a few.
Please choose a project below related to this category.
Waste to Wealth-Value Recovery from Agricultural and Industrial Biomass Residues. Furfural from Lignocellulosic Biomass. Production of Furfural from S...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Bitumen emulsion is a liquid product in which bitumen is suspended in a finely divided condition in an aqueous medium and stabilised by suitable mater...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Liquefied Petroleum Gas is a Propane / Butane mixture liquefied under normal ambient temperature and moderate pressures. It is a safe, clean burning,...
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Capacity : 16000 Pcs./Day |
Plant and Machinery cost: Rs 1391 lakhs |
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Working Capital : - |
Rate of Return (ROR): 30.00 |
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Break Even Point (BEP): 31.00 |
TCI : Cost of Project: Rs 11166 lakhs |
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Cost of Project : 1116600000 |
Waxes are among the oldest worked materials used by humans. Their value as versatile construction materials ("man's first plastic") was discovered ver...
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Capacity : 20 MT/Day |
Plant and Machinery cost: Rs 97 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.90 |
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Break Even Point (BEP): 58.00 |
TCI : Cost of Project : Rs 343 Lakhs |
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Cost of Project : 34300000 |
Petroleum jelly or petrolatum was discovered as a paraffin-like material coating oil rigs. Since then, it has been used in various ointments and as a...
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Capacity : - |
Plant and Machinery cost: - |
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Working Capital : - |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 0.00 |
TCI : - |
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Cost of Project : 0 |
Huge amounts of used lubricating oils from automotive sources are disposed of as a harmful waste into the environment. The cost and availability of oi...
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Capacity : Reclaimed Engine Oil :5000 Litres/Day |
Plant and Machinery cost: Rs 49 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 57.00 |
TCI : Cost of Project:Rs 161 Lakhs |
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Cost of Project : 16100000 |
A lubricant is a substance introduced to reduce friction between moving surfaces. It may also have the function of transporting foreign particles. The...
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Capacity : Blended Lubricating Oil 4 KL/ Day •Greases:1 KL/Day |
Plant and Machinery cost: Rs 174 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 25.00 |
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Break Even Point (BEP): 52.00 |
TCI : Cost of Project: Rs 465 Lakhs |
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Cost of Project : 46500000 |
Paraffin wax is a white or colorless soft solid derivable from petroleum, coal or oil shale, that consists of a mixture of hydrocarbon molecules conta...
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Capacity : Paraffin Wax:10 MT/Day •Micro Crystalline Wax (Bye Product):0.03 MT/Day •Foot Oil (Bye Product):2.51MT/Day |
Plant and Machinery cost: Rs 270 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 27.00 |
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Break Even Point (BEP): 45.00 |
TCI : Cost of Project : Rs 922 Lakhs |
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Cost of Project : 92200000 |
The onion, also known as the bulb onion or common onion, is used as a vegetable and is the most widely cultivated species of the genus Allium. Onions...
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Capacity : 10 MT/Day |
Plant and Machinery cost: Rs 70 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 29.00 |
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Break Even Point (BEP): 65.00 |
TCI : Cost of Project : Rs 396 Lakhs |
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Cost of Project : 39600000 |
Lubricating oils are widely used in industries to reduce friction and wear by interposing a thin film of oil between metallic surfaces. During normal...
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Capacity : 5400 KLs. /Annum |
Plant and Machinery cost: Rs. 105 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 25.00 |
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Break Even Point (BEP): 60.00 |
TCI : Cost of Project : Rs. 684 Lakhs |
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Cost of Project : 68400000 |
Guar gum, a natural gum, is an edible thickening agent extracted from the guar bean. Guar beans have a large endosperm which contains galactomannan g...
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Capacity : 10 MT/Day |
Plant and Machinery cost: Rs.213 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 43.00 |
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Break Even Point (BEP): 46.00 |
TCI : Cost Of Project : Rs.832 Lakhs |
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Cost of Project : 83200000 |
A lubricant is a substance introduced to reduce friction between moving surfaces. It may also have the function of transporting foreign particles. The...
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Capacity : - |
Plant and Machinery cost: Rs. 274 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 26.00 |
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Break Even Point (BEP): 40.00 |
TCI : Cost of Project : Rs.1330 Lakhs |
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Cost of Project : 133000000 |
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