LANXESS, a speciality chemicals company and Bharat Petroleum Corporation, a leading integrated energy company, have entered into a Memorandum of Understanding to explore opportunities for long-term cooperation in advanced industrial lubricant technologies, speciality fluid solutions and related applications in India.
The MoU establishes a non-exclusive framework for evaluating technical and commercial opportunities aimed at developing innovative lubricant solutions, supporting OEM approvals, enhancing localisation and creating long-term value for customers across industrial sectors in India.
Under the proposed framework, LANXESS and BPCL will explore collaboration in the development, evaluation, qualification and commercialisation of advanced industrial lubricants, additive technologies and associated specialty products. Areas of interest include high-performance bearing and circulating oils, premium hydraulic fluids, turbine oils, refrigeration lubricants, rust preventive oils, specialty greases, immersion cooling fluids for data centres, environmentally acceptable lubricants, industrial additive packages and lubricant solutions for emerging technologies.
Both the companies will assess opportunities in next-generation and sustainable technologies, including bio-based lubricants, electric vehicle fluids, hydrogen economy applications, specialty refrigeration fluids, personal care ingredients, and immersion cooling solutions for rapidly growing digital infrastructure requirements.
Karam Faddoul, Head of Sales IMEA, Business Unit Lubricant Additives, LANXESS said together with BPCL, the company looks forward to bringing localised, high-performance lubricant solutions closer to our customers in India and supporting their growth with greater speed and reliability.
Neelanjan Banerjee, Senior Vice President and Global Head of the Business Unit Lubricant Additives, LANXESS said combining the company’s global technology platform, formulation expertise and OEM engagement capabilities with BPCL’s manufacturing strength and market presence will accelerate the development and commercialisation of high-performance lubricant solutions that address the evolving needs of Indian industry.
Kannan S, Business Head, BPCL said both companies aim to jointly develop solutions that address current industry needs and emerging technological challenges.
The complementary partnership will strengthen capabilities, accelerate technology development and enable to deliver differentiated, high-performance and future-ready lubricant solutions for evolving industrial applications, he added.
Published on October 29, 2026
