x

HP Lubricants aims to capture substantial market share in Oman’s lubricant segment

Business Sunday 26/February/2023 15:39 PM
By: Times News Service
HP Lubricants aims to capture substantial market share in Oman’s lubricant segment

Muscat: Automotive lubricants giant HP Lubricants envisages ramping up its sales in the Oman market.  
HP Lubricants, an integral part of Hindustan Petroleum Corporation Limited, one of India's frontline oil majors, which operates through its Oman partner National Gas aims to capture a substantial market share in the country’s lubricant segment.

The company's lubricants product portfolio would cater to all kinds of vehicles, including commercial and passenger vehicles and two-wheelers. It offers best-in-class 450 grades of quality lubricants, greases and specialities from the Lube Base oil refinery.

HP Lubricants find application in various industries like auto, manufacturing, mining, transport, power and shipping, etc.

Its fast-moving products include automation engine oil, automation gear oils, hydraulic oil, automatic gear oils, transmission oil, quenching oil, cutting fuels, greases, coolants and specialities.

Dr Rachid Majjad, Chief Executive Officer, National Gas Company, Oman said, “We forayed into the lubricants segment in Oman in 2016 and the response has been terrific. Entering the lubricants market is an important milestone for the company, as we continue to expand our presence throughout the downstream value chain.”