Specialty chemicals company LANXESS and Hindustan Petroleum Corporation Limited (HPCL) entered into a memorandum of understanding on May 12, 2026, to expand the availability of aviation and industrial lubricants. The agreement targets the Indian market and neighboring SAARC countries to provide technologically advanced lubricant solutions for specialized sectors.
Under the terms of the partnership, both entities will explore marketing and business development opportunities across short, medium, and long term horizons. The collaboration is intended to provide broader local access to premium LANXESS branded products, including those used in critical industrial segments. LANXESS produces a range of synthetic basestocks and additives under various brands, including Royco and Anderol, while HPCL is currently the largest distributor of industrial and automotive lubricants in India.
Neelanjan Banerjee, Senior Vice President and Global Head of Lubricant Additives at LANXESS, stated that the partnership aims to set quality benchmarks while accelerating growth in the domestic aviation market. Srinivas Ch, Executive Director of Lubes at HPCL, noted that the collaboration combines LANXESS’ technical expertise with HPCL’s existing market presence to drive efficiency across the industrial sector.