GP Petroleums Ltd, subsidiary of Gulf Petrochem, has partnered with Spain’s petroleum company Repsol to exclusively manufacture and market its comprehensive line of premium quality lubricants across India
With this, GP Petroleums Ltd said that it would begin a new aggressive marketing strategy in the automotive segment with Repsol in the Asian country.
“We are delighted to announce the tie-up with Repsol and we will be marketing their entire product range as part of our portfolio. With the economy showing recovery, the lubricant segment is expected to witness growth in the future. With evolving engine technology, Repsol lubricants, which is focused on innovation, is the answer to today’s consumer needs,” said Sudhir Goyel, managing director, Gulf Petrochem.
According to the Madrid-headquartered company, Repsol’s products come with added benefits and special features that will cater to the newly emerging premium and top-end segment across markets in the country.
Meanwhile, GP Petroleums Ltd’s IPOL has been present in India for more than four decades and has established itself as a leading industrial lubricant brand.
Repsol lubricant director Orlando Carbo said, “India will be a very important market for us and this tie-up will help us expand our footprint in this ever growing economy.
“Partnering with GP Petroleums has given us a firsthand advantage in this sector. With our strengths together, we extend our capabilities to globally distribute a wider variety of products.”
