GP Global, CEPSA partner to make marine lubricants in India

GP Global Energy Private Limited (GPGEPL), part of the UAE-based GP Global, has entered into an exclusive partnership with Cepsa, integrated Spanish oil major, to make and market Cepsa?s marine and power generation lubricants in India. As per the agreement, GP Global will manufacture, blend, package and even import Cepsa branded lubricant products in India.

?India is a huge market for ports modernisation and coastal shipping development. Major initiatives have been taken in this direction by our government. This partnership is our contribution to the government?s ?Make in India? vision and the vibrancy of the sector is a clear sign of resurged interest in its potential. Cepsa is a well reputed international brand and will be a good fit for our portfolio,? said M Prabakaran, Global Head of Terminals & Country Head, GP Global Group, India.

?This partnership will strengthen Cepsa?s international brand and the expansion of our lubricant business. This will be the first time our lubricants will be produced outside our plants in Spain, as the facility in Mumbai has been the first approved by us after a rigorous and successful audit process. GP Global complies with our highest standard requirements, occupies a strong position in the Indian maritime industry, and has in-depth know-how of the lubricant and bunkering businesses,? said ?lvaro D?az Bild, Vice President ? Marketing, Cepsa.

?Cepsa marine and power generation lubricants, as well as the wide Cepsa?s lubricants portfolio, are currently exported from Spain to different countries. The partnership with GP Global will provide the necessary framework to enter into the Indian market as the company has wide experience in the marine market, especially in bunkering? said Carlos Giner, Director of Lubricants, Base Oils and Paraffin Waxes, Cepsa.

This partnership will also strengthen the in-house R&D facilities at GP Global and develop technologically advanced products in India. The product range includes cylinder oils, system oils, trunk piston engine oils, hydraulic oil, gear oils, greases and other specialty lubricants required by this industry. Cepsa marine range of products include Cepsa Larus, Gavia, Ciconia and Petrel lubricants, among others.