Published On:July 3 2024
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Texol Lubritech FZC Secures Major Order from Abu Dhabi National Oil.

Texol Lubritech FZC, a subsidiary of Gandhar Oil Refinery India, has secured a significant contract from Abu Dhabi National Oil Company (ADNOC) PJSC, UAE. Under this agreement, Texol Lubritech will manufacture, package, label, and supply products to ADNOC Distribution on a contractual basis.

ADNOC, established in 1971 and wholly owned by the Abu Dhabi government, is a leading diversified energy group. The three-year contract with Texol Lubritech is projected to have an estimated annual value of $45 million (₹375 crore).

Aslesh Parekh, promoter and Joint Managing Director of Gandhar Oil Refinery India, stated that this agreement underscores the company’s capability to deliver high-quality products and services on a large scale. He emphasized that the partnership with ADNOC will not only strengthen the company's presence in West Asia but also pave the way for future growth and collaboration.

Texol Lubritech FZC, established in 2017, operates out of its plant in Sharjah, UAE. The company produces white oils, petroleum jelly, lubricants, and transformer oils, primarily serving overseas markets including the GCC, Africa, and West Asia.

Gandhar Oil Refinery India offers over 440 products under the ‘Divyol’ brand, catering to the personal care, healthcare, performance oils, lubricants, and process and insulating oils sectors. These products are used by leading Indian and global companies in the manufacture of end products for the consumer, healthcare, automotive, industrial, power, and tyre and rubber sectors. The white oil market is currently the fastest-growing segment in the specialty oils secto

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