Lanxess, HPCL Join Forces To Grow Aviation, Industrial Lubricants Business In India, Saarc Region
MUMBAI, May 14, 2026 — German speciality chemicals company LANXESS and Hindustan Petroleum Corporation Ltd (HPCL) have entered into a Memorandum of Understanding (MoU) to jointly advance the availability of aviation and industrial lubricants in India and SAARC countries.
“This partnership aims to deliver technologically advanced, high-performing lubricant solutions, advancing standards and availability in India’s booming aviation and industrial markets,” LANXESS said in a statement.
Under this partnership, LANXESS and HPCL will explore short, medium, and long-term marketing and business development opportunities for lubricants. The collaboration will enable broader local access to premium LANXESS-branded aviation and industrial lubricants, including in critical segments.
“This MoU marks a new chapter in our growth story. Together with HPCL, we will set new benchmarks for quality and performance while accelerating growth in India’s dynamic aviation and industrial markets,” said Neelanjan Banerjee, Senior Vice President and Global Head of the Business Unit Lubricant Additives, LANXESS.
“With LANXESS’ expertise and our strong market presence, this collaboration will drive growth across aviation and industrial sectors,” said Srinivas Ch, Executive Director - Lubes, HPCL.
LANXESS’ Lubricant Additives business offers a variety of premium range of synthetic base stocks, additives, and finished fluids for aviation, automotive, and industrial applications.
As regional governments continue to channel heavy investment into new aviation infrastructure—with India’s civil aviation market aggressively tracking to solidify its position as the world’s third-largest—the demand for next-generation, high-performance consumables is urgent.
Furthermore, as industrial operations face stricter environmental and regulatory mandates, the adoption of specialized synthetic fluids that facilitate lower emission profiles, minimize oil consumption, and maximize oil drain intervals is expected to gain strong traction. Moving forward, industry analysts anticipate that this collaboration will act as a major catalyst for regional product localization, potentially setting the stage for South Asia to evolve into a critical hub for high-end lubrication engineering.
