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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.
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Capacity : 400 Kg/DAY |
Plant and Machinery cost: Rs. 10 LAKHS |
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Working Capital : - |
Rate of Return (ROR): 57.00 |
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Break Even Point (BEP): 34.00 |
TCI : Rs. 62 LAKHS |
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Cost of Project : 0 |
Petroleum coke is a dark form of carbon, produced from the thermal decomposition and polymerization of heavy liquid hydrocarbons that are derived from...
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Capacity : 15 MT/Day |
Plant and Machinery cost: 164 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 42.00 |
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Break Even Point (BEP): 46.00 |
TCI : 526 Lakhs |
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Cost of Project : 0 |
The vehicle owners should only use the minimum amount of ethylene glycol used based antifreeze to protect the system. The higher concentrate of antifr...
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Capacity : 30 Lts. Coolant/Day, 300 Lts. Brake Oil/Day, 1000 Lts. Lube/Day, 1000 Lts. Grease/Day |
Plant and Machinery cost: 5 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 15.00 |
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Break Even Point (BEP): 35.00 |
TCI : 70 Lakhs |
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Cost of Project : 0 |
In the modern industrial era grease have been increasingly employed to coke with a variety if difficult lubrication problems, particularly those where...
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Capacity : 2 ton/Day |
Plant and Machinery cost: 26 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 40.00 |
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Break Even Point (BEP): 30.00 |
TCI : 468 Lakhs |
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Cost of Project : 0 |
The wire drawing lubricant is a special type of product in the field of lubricant. Wire drawing lubrication is an extremely complicated, often poorly...
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Capacity : 600 kg/Day |
Plant and Machinery cost: 13 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 40.00 |
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Break Even Point (BEP): 44.00 |
TCI : 68 Lakhs |
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Cost of Project : 0 |
The American petroleum industry had its inception when the now famous drake well was drilled in the year 1859. The ratio of proven reserves to produc...
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Capacity : 200000 Cube Meter/Day |
Plant and Machinery cost: US $ 273.3 Million |
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Working Capital : |
Rate of Return (ROR): 1.00 |
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Break Even Point (BEP): 12.00 |
TCI : US $ 3083 Million |
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Cost of Project : 0 |
Polyethylene waxes can be made in two main grades, emulsifiable and non-emulfiable waxes. The difference between both the grades are in relation to th...
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Capacity : 2.0 MT/Day |
Plant and Machinery cost: Rs. 104 Lacs |
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Working Capital : Rs. 70.0 Lacs |
Rate of Return (ROR): 31.86 |
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Break Even Point (BEP): 55.63 |
TCI : Rs. 234.0 Lacs |
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Cost of Project : 0 |
Petroleum waxes are broadly defined as the waxes naturally present in the various fractions of crude petroleum. After separation from lubricating oils...
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Capacity : 50 Tons/Day |
Plant and Machinery cost: Rs. 174 Lakhs |
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Working Capital : Rs. 1114 Lakhs |
Rate of Return (ROR): 44.73 |
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Break Even Point (BEP): 35.55 |
TCI : Rs. 1478 Lakhs |
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Cost of Project : 0 |
Polyethylene waxes can be made in two main grades, emulsifiable and non-emulsifiable waxes. Polyethylene wax has excellent stability against polishing...
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Capacity : 2 MT/Day |
Plant and Machinery cost: Rs. 104 lacs |
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Working Capital : Rs. 70.00 Lacs |
Rate of Return (ROR): 31.86 |
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Break Even Point (BEP): 55.63 |
TCI : Rs. 234 Lacs |
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Cost of Project : 0 |
There are various solvents which are present in naphtha. The most commonly available solvents which can be extracted from naphtha are petroleum ether,...
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Capacity : 50 Tons/Day |
Plant and Machinery cost: Rs. 82 Lakhs |
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Working Capital : Rs. 297 Lakhs |
Rate of Return (ROR): 46.42 |
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Break Even Point (BEP): 36.31 |
TCI : Rs. 424 Lakhs |
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Cost of Project : 0 |
Bitumen Emulsion is one kind of speciality chemicals which has large commercial uses as coating material in the road construction and many other const...
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Capacity : 5 MT/Day |
Plant and Machinery cost: Rs. 18 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 50.34 |
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Break Even Point (BEP): 73.35 |
TCI : Rs. 44 Lakhs |
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Cost of Project : 0 |
There is availability of large amount of burnt engine oil and almost 40 % of this oil remains unburnt in the total available burnt oil. It can be used...
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Capacity : 50.00 MT/Day |
Plant and Machinery cost: Rs. 257 Lakhs |
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Working Capital : Rs. 344 Lakhs |
Rate of Return (ROR): 37.47 |
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Break Even Point (BEP): 45.89 |
TCI : Rs. 674 Lakhs |
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Cost of Project : 0 |
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