Making its first expansion move outside of India, the $12m facility was opened by Saud Salim Al Mazrouei, director of Hamriyah Free Zone Authority
India-based Texol Lubritech, a joint venture of Gandhar Oil Refinery India, has officially inaugurated its first overseas manufacturing unit in the Hamriyah Free Zone Authority, Sharjah.
Making its first expansion move outside of India, the $12 million manufacturing plant was opened by Saud Salim Al Mazrouei, director of Hamriyah Free Zone Authority, in the presence of Ramesh Parekh, chairman of Texol and Simon Philip, vice chairman and CEO of the company.
The 215,278 sq ft plant is the third facility for Gandhar Oil Refinery India, with two other manufacturing plants already in operation in India, state news agency WAM reported.
The automated plant manufactures a complete range of white oils, transformer oils, rubber processing oils, industrial and automotive lubricants to cater to the ever-increasing demand of cosmetics, pharma, transformers rubber, steel and automobile industries. The capacity of the plant is 100,000 metric tonnes per annum.
Al Mazrouei said: "The opening of Texol’s first overseas unite reflects HFZA’s prominent position as a preferred destination for the world’s leading industrial companies and would further enhance Sharjah’s illustrious reputation as a global hub for industrial companies."