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.
The manufacture of standard commercial graphite as generally practiced in industry differs greatly from that of metals since graphite has no distinct...
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Capacity : High Grade Pitch 35400 MT/Annum |
Plant and Machinery cost: 875 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 46.00 |
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Break Even Point (BEP): 49.00 |
TCI : Cost of Project : 1447 Lakhs |
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Cost of Project : 144700000 |
Coal tar is a brown or black liquid of high viscosity, which smells of naphthalene and aromatic hydro carbons. Coal tar is among the byproducts when c...
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Capacity : - |
Plant and Machinery cost: 1531 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 46.00 |
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Break Even Point (BEP): 38.00 |
TCI : Cost of Project : 3068 Lakhs |
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Cost of Project : 306800000 |
Engine oil, Transformer oil and hydraulic oil all are special grade petroleum oils, which had different specific gravity and viscosity. When these spe...
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Capacity : - |
Plant and Machinery cost: 103 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 24.00 |
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Break Even Point (BEP): 54.00 |
TCI : 303 Lakhs |
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Cost of Project : 0 |
Asphalt is a humid, black and extremely thick liquid or semi solid that exists in most crude petroleum and also in a few natural deposits. Asphalt con...
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Capacity : 384000 MT/Annum Asphalt Mix |
Plant and Machinery cost: 121 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 51.00 |
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Break Even Point (BEP): 26.00 |
TCI : 565 Lakhs |
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Cost of Project : 0 |
Lube oil is a substance (often a liquid) introduced between two moving surfaces to reduce the friction between them, improving efficiency and reducing...
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Capacity : 15000 Kls./Annum |
Plant and Machinery cost: 142 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 43.00 |
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Break Even Point (BEP): 51.00 |
TCI : Cost of Project : 804 Lakhs |
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Cost of Project : 0 |
Brake fluid is one of the most important components in a braking system. It is a type of hydraulic fluid used in brake applications in motorcycles, au...
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Capacity : 500 MT/Annum |
Plant and Machinery cost: 110 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 43.00 |
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Break Even Point (BEP): 69.00 |
TCI : Cost of Project : 404 Lakhs |
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Cost of Project : 0 |
A lubricant is a substance (often a liquid) introduced between two moving surfaces to reduce the friction between them, improving efficiency and reduc...
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Capacity : 1500 Kls/Annum (Motor oil) |
Plant and Machinery cost: 34 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 47.00 |
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Break Even Point (BEP): 31.00 |
TCI : 391 Lakhs |
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Cost of Project : 0 |
Most auto engines are cooled by the liquid type. Liquid cooled engines have passages for the liquid, or coolant, through the cylinder block and head....
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Capacity : 1500000 Ltrs/Annum Coolant, 300000 Kg/Annum Grease |
Plant and Machinery cost: 70 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 44.00 |
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Break Even Point (BEP): 65.00 |
TCI : Cost of Project : 197 Lakhs |
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Cost of Project : 0 |
Transformer oil, or insulating oil, is usually a highly-refined mineral oil that is stable at high temperatures and has excellent electrical insulatin...
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Capacity : 30000.00 KLS/annum |
Plant and Machinery cost: 1294 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 43.00 |
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Break Even Point (BEP): 34.00 |
TCI : 3675 Lakhs |
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Cost of Project : 0 |
L.P.G is used mainly for cooking purposes in India. It is usually filled in small cylinder to be used in household cooking. It is also used for drying...
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Capacity : 300000 Nos./year |
Plant and Machinery cost: 104 lakhs |
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Working Capital : - |
Rate of Return (ROR): 50.00 |
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Break Even Point (BEP): 37.00 |
TCI : Cost of Project : 626 lakhs |
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Cost of Project : 0 |
The alcohol based chemical industry is worth around Rs. 5,000 crores in terms of total investment or (US$ 1.15 billion) and contributes Rs. 500 crores...
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Capacity : 1000 Ltrs./Day |
Plant and Machinery cost: 17 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 58.00 |
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Break Even Point (BEP): 31.00 |
TCI : 150 Lakhs |
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Cost of Project : 0 |
Lubricating oil is generally used to reduce wear of one or both surfaces in close proximity, and moving relative to each another, by interposing a sub...
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Capacity : 1000 Ltrs. / Day |
Plant and Machinery cost: 16 Lakhs |
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Working Capital : - |
Rate of Return (ROR): 59.00 |
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Break Even Point (BEP): 32.00 |
TCI : 150 Lakhs |
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Cost of Project : 0 |