Latest news with #ShellLubricants
United News of India
a day ago
- Business
- United News of India
Shell acquires 100 percent equity interest in Raj Petro Specialities from Brenntag Group
Hyderabad, July 1 (UNI) Shell Lubricants today announced it has successfully completed the acquisition of a 100 percent equity interest in Raj Petro Specialities Pvt Ltd from the Brenntag Group. The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets, the company said in a release. The transaction strengthens Shell Lubricants' presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain. 'The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification,' said Jason Wong, Shell's Executive Vice President for Global Lubricants. UNI KNR SS 01 Jul 2025 | 8:32 PM Mumbai, July 1 (UNI) Tata Motors has reported domestic passenger vehicle (PV) sales of 37,083 units in June 2025, which is a 14.8 per cent decline over June 2024, when the company had sold 43,524 passenger vehicles. see more.. Bank of Baroda adds a new feather in its cap winning National MSME Impact Awards 2025 01 Jul 2025 | 5:30 PM Kolkata, July 1 (UNI) Bank of Baroda has bagged the Gold Award under Public Sector Banks category at the 'National MSME Impact Awards 2025' organised by the India SME Forum, which is India's largest not-for-profit organisation for Micro, Small and Medium Enterprises (MSMEs), representing over 98,200 members (including 9,400+women entrepreneurs) . see more.. Visakhapatnam: Adani Gangavaram Port sets a new record in handling of coastal cargo 01 Jul 2025 | 5:20 PM Visakhapatnam (Andhra Pradesh), July 1 (UNI) Adani Gangavaram Port on Tuesday said it has set a new record in handling of coastal cargo by loading 61,317 MTs within 24 hours in MV Star Nasia for TANGEDCO. see more.. Kottayam-Kochi Rubber Market Rates 01 Jul 2025 | 4:19 PM Kottayam, July 1 (UNI) Following were the Rubber Market rates announced by the Rubber Board here today per quintal KOTTAYAM RSS FOUR: 20100 RSS FIVE : 19800 ISNR TWENTY: 18000 SIXTY PERCENT LATEX: 14265 KOCHI RSS FOUR : 20100 RSS FIVE : 19800 INTERNATIONAL RATES (BANGKOK) RSS One : 19788 RSS Two : 19631 RSS Three: 19486 RSS Four : 19407 RSS Five : 19289 KUALALUMPUR SMR TWENTY : 14598 ($170.65) SIXTY PERCENT LATEX : 12096($141.40) UNI PA BM. see more.. Rs 580 cr tax evasion detected in Kerala in year 2024-25 01 Jul 2025 | 1:36 PM Thiruvananthapuram, July 1 (UNI) The Thiruvananthapuram GST Zone has achieved significant milestones in revenue growth and detection in tax evasion. The enforcement and audit wings detected tax evasion worth Rs 580 crore in 2024-25, showcasing the zone's efforts in ensuring compliance. see more..
Time of India
2 days ago
- Business
- Time of India
Shell completes acquisition of Raj Petro Specialities to strengthen its lubricant portfolio
Shell Lubricants completed the acquisition of Raj Petro Specialities , strengthening its lubricants portfolio and customer base, the company said on Tuesday. Without disclosing financial details of the transaction, Shell said it has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from the Brenntag Group . "The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets," it said in a statement. Raj Petro, which has manufacturing facilities at Chennai and Silvassa, offers a wide range of products - from transformer oil to petroleum jellies, white oils, waxes and lubricants. The more than 80-year-old Mumbai-headquartered firm was in 2017-18 acquired by Germany's Brenntag. "The transaction strengthens Shell Lubricants' presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain," the statement said. The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, "positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification," Jason Wong, Shell's Executive Vice President for Global Lubricants, said. Raj Petro Specialities is a multi-faceted petrochemical manufacturing and marketing company with business partners in about 100 countries across the globe. The company offers a complete range of products catering to power and energy, personal care, tyre and rubber, food and pharma, construction and mining, chemicals and petrochemicals, engineering, petroleum and offshore, textiles, steel and metal, transport, including railways, automotive retail, agriculture, metalworking and general engineering industries.
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Business Standard
2 days ago
- Business
- Business Standard
Shell acquires Raj Petro Specialities to strengthen lubricant portfolio
Shell Lubricants completed the acquisition of Raj Petro Specialities, strengthening its lubricants portfolio and customer base, the company said on Tuesday. Without disclosing financial details of the transaction, Shell said it has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from the Brenntag Group. "The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets," it said in a statement. Raj Petro, which has manufacturing facilities at Chennai and Silvassa, offers a wide range of products ranging from transformer oil to petroleum jellies, white oils, waxes and lubricants. The more than 80-year-old Mumbai-headquartered firm was in 2017-18 acquired by Germany's Brenntag. "The transaction strengthens Shell Lubricants' presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain," the statement said. The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, "positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification," Jason Wong, Shell's Executive Vice President for Global Lubricants, said. Raj Petro Specialities is a multi-faceted petrochemical manufacturing and marketing company with business partners in about 100 countries across the globe. The company offers a complete range of products catering to power and energy, personal care, tyre and rubber, food and pharma, construction and mining, chemicals and petrochemicals, engineering, petroleum and offshore, textiles, steel and metal, transport, including railways, automotive retail, agriculture, metalworking and general engineering industries. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
2 days ago
- Business
- Time of India
Shell completes acquisition of Raj Petro Specialities to strengthen its lubricant portfolio
Shell Lubricants completed the acquisition of Raj Petro Specialities , strengthening its lubricants portfolio and customer base, the company said on Tuesday. Without disclosing financial details of the transaction, Shell said it has acquired 100 per cent equity interest in Raj Petro Specialities Pvt Ltd from the Brenntag Group . "The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets," it said in a statement. Raj Petro, which has manufacturing facilities at Chennai and Silvassa, offers a wide range of products - from transformer oil to petroleum jellies, white oils, waxes and lubricants. The more than 80-year-old Mumbai-headquartered firm was in 2017-18 acquired by Germany's Brenntag. "The transaction strengthens Shell Lubricants' presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain," the statement said. The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, "positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification," Jason Wong, Shell's Executive Vice President for Global Lubricants, said. Raj Petro Specialities is a multi-faceted petrochemical manufacturing and marketing company with business partners in about 100 countries across the globe. The company offers a complete range of products catering to power and energy, personal care, tyre and rubber, food and pharma, construction and mining, chemicals and petrochemicals, engineering, petroleum and offshore, textiles, steel and metal, transport, including railways, automotive retail, agriculture, metalworking and general engineering industries.
Mid East Info
13-05-2025
- Business
- Mid East Info
Shell Brings Together 250 Industry Leaders at Technology Leadership Conference in Dubai - Middle East Business News and Information
First-Ever Event in the Region, Featuring Leaders from Oil, Gas, Energy, and Other Key Sectors 250 Senior Industry Leaders from 16 the Middle East & Central Asia, including representation from the UAE, Egypt, and Kazakhstan New technologies showcased: Immersion cooling, E-fluids, and advanced lubricants for industrial decarbonisation Cross-sector attendance from Oil & Gas, Construction, Power, Fleet, Cement, Manufacturing, and Mining Dubai, UAE, May, 2025 − Shell Lubricants concluded its Technology Leadership Conference on April 25-26 in Dubai, marking the first time the long-running global event was hosted in the UAE. The conference brought together 250 senior industry leaders from across 16 countries in the Middle East, Egypt, Central Asia, and South Asia in the industrial, manufacturing, construction and transportation sectors. The conference featured discussions that explored how emerging technologies, sustainability solutions, and cross-industry partnerships are transforming the way OEMs, vendors, and suppliers operate. As many industries evolve and adapt balancing performance, efficiency, and decarbonisation, industry representatives from oil & gas, construction, power, fleet, cement, manufacturing, and mining, highlighted the importance of collaboration in accelerating the Middle East's progress toward a greener future. Jason Wong, Executive Vice President at Shell Global Lubricants: 'Lubricants are fundamental to how the world operates today and tomorrow. Hosting this long-running conference in Dubai for the first time highlights our technology leadership, showcasing innovations like immersion cooling and E-fluids that help industries boost performance, cut emissions, and accelerate the energy transition across this vital region.' Haytham Yehia, General Manager for Middle East, Egypt, and Central Asia Region at Shell Lubricants 'Technology Leadership Conference highlights the need for collaboration to address rising demands for efficiency and sustainability. Shell Lubricants is partnering with industries to future-proof their operations and supporting sectors like oil & gas, construction, and manufacturing in improving energy efficiency, cooling, and reducing emissions.' The conference reflects Shell Lubricants' commitment to industry leadership in a rapidly evolving energy and industrial landscape, providing a platform for business leaders to share valuable insights which can shape a more sustainable future through real-world applications and combined expertise. Shell is developing advanced lubricants that enhance efficiency, protect equipment, and reduce emissions – all while supporting the company's Powering Progress strategy. These solutions to reduce the total cost of ownership, reduce energy consumption and support the transition toward a more sustainable energy future.
