LANXESS Opens Lubricant Additives Plant in Gujarat, Signs MoU with IOCL
German specialty chemicals company LANXESS has inaugurated a new blending facility in Jhagadia, Gujarat, marking a strategic expansion into India's fast-growing lubricants market and signing a partnership agreement with Indian Oil Corporation Limited.
LANXESS, the German specialty chemicals group, officially inaugurated a new lubricant additives blending plant at its existing chemical manufacturing site in Jhagadia, Gujarat, on April 26, 2026. The facility marks the first phase of the company's expanded manufacturing presence in India and is designed to supply customers across India, the Middle East, and other international markets.
The plant was developed with an emphasis on safety, energy efficiency, and environmentally responsible operations. In addition to the inauguration, the company announced it has signed a Memorandum of Understanding (MoU) with Indian Oil Corporation Limited (IOCL) to bring LANXESS technologies to the Indian market. The company has also commenced third-party manufacturing activities for its Lubricant Additives business unit within the country.
Dr. Hubert Fink, Member of the Board of Management at LANXESS AG, said the investment reflects the company's long-term strategy to align with India's industrial growth. Neelanjan Banerjee, Senior Vice President and Global Head of the Business Unit Lubricant Additives at LANXESS, noted that India is the world's third-largest lubricants market, and that the new plant builds on the company's Application Technology Center established in 2025, representing what he called a "local-for-local" approach to serving regional customers.
The inauguration was attended by company executives, industry stakeholders, business partners, and employees.
LANXESS, which recorded sales of EUR 5.7 billion in 2025 and employs approximately 11,700 people across 32 countries, described the new facility as part of its broader commitment to India as a long-term strategic growth market.
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By Sarthak Mahajan
27 Apr 2026
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Angitha Suresh