LANXESS, BPCL join hands to develop next-gen lubricant solutions
German specialty chemicals company LANXESS and Bharat Petroleum Corporation Ltd (BPCL) have signed a memorandum of understanding (MoU) to explore long-term cooperation in advanced industrial lubricants, specialty fluids and emerging applications in India. The non-exclusive agreement provides a framework for joint technical evaluations, product development, OEM approvals, localisation and commercialisation, subject to regulatory approvals and…
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