Petroleum Products & Allied Project Feasibility Reports We have detailed project reports on Petroleum And Petroleum Products, Refining, Lube Oil, Brake Fluid, Automotive & Industrial Lubricants, Wax Products, Paraffin Wax, Polishes, Bitumen, Base, Crude, Fuel, Gear, Kerosene Oil.
The lubricating oil and grease are one of the most important sectors of the petrochemical industry. 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 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.