We noticed you're blocking ads.

Keep supporting great journalism by turning off your ad blocker.

Questions about why you are seeing this? Contact us

Font Size

- Aa +

Fri 1 Nov 2019 11:11 AM

Font Size

- Aa +

India's Texol opens first overseas manufacturing plant in Sharjah

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's Texol opens first overseas manufacturing plant in Sharjah
Texol Lubritech is a joint venture of Gandhar Oil Refinery India.

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."

Arabian Business: why we're going behind a paywall

For all the latest energy and oil news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.
Real news, real analysis and real insight have real value – especially at a time like this. Unlimited access ArabianBusiness.com can be unlocked for as little as $4.75 per month. Click here for more details.