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HPCL makes Historic Entry into US Market with Export of Premium Lubricants
8th October 2024
Hindustan Petroleum Corporation Limited (HPCL) has achieved a significant milestone with its first-ever export of HP LUBRICANTS to the United States, marking its presence in the 30th country globally
In a major breakthrough, HPCL's premium Shock Absorber Oil, HP SHOX OIL DC, has been selected by M/s. Duroshox, a leading manufacturer of vibration isolation, motion control, comfort, and damping solutions, for use in their solar panel dampers produced at their state-of-the-art facility in San Antonio, Texas
This development underscores HPCL's growing international presence and its commitment to expanding its lubricant business globally. The US market, being the largest consumer of lubricants worldwide, presents immense opportunities for growth
Key Highlights:
- First-ever export of HP LUBRICANTS to the United States
- Entry into the 30th country globally for HPCL's lubricant business
- Annual consumption expected to be around 250 KL, with potential for growth
- HP SHOX OIL DC selected for use in Duroshox's solar panel dampers
To commemorate this achievement, a flag-off ceremony was held at Mazgaon Terminal, where the first shipment of HP SHOX OIL DC was dispatched to Nhava Sheva Port in Mumbai