Texol Lubritech FZC, a subsidiary of Gandhar Oil Refinery India focused on foreign markets, bagged a contract from Abu Dhabi National Oil Company (ADNOC) PJSC in the UAE. Texol Lubritech FZC will be responsible for the manufacturing, packaging, labelling, and supply of products to ADNOC distribution.
Aslesh Parekh, Promoter and Joint Managing Director of Gandhar Oil Refinery India, emphasized that the deal demonstrates the company’s ability to provide high-quality products and services on a large scale.
The collaboration with ADNOC will enhance the company’s presence in the West Asian region and open doors for future growth and partnership opportunities. Gandhar Oil Refinery India offers more than 440 products under the Divyol brand, spanning personal care, healthcare, performance oils, lubricants, and process and insulating oils.
As reported by thehindubusinessline.com, the products are utilized as ingredients by prominent Indian and international companies to produce end products for various sectors, including consumer, healthcare, automotive, industrial, power, and tire and rubber industries. The white oil sector is currently the fastest-growing segment within the specialty oils market.