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Lubrizol India Reviews

Pune, Maharashtra

4.0/ 5

1 review

Lubrizol India Private Limited, incorporated on July 20, 1966, operates as a prominent specialty chemical manufacturer and supplier within India. The company was originally established as a joint venture with a 60 percent equity stake held by the Government of India and a 40 percent stake held by The Lubrizol Corporation, USA. It underwent restructuring in March 2000, establishing a 50-50 equity partnership between Lubrizol and the Indian Oil Corporation (IOCL). In March 2017, The Lubrizol Corporation took a majority stake in the joint venture. Today, Lubrizol operates as a wholly owned subsidiary of Berkshire Hathaway, functioning as a technology-driven global provider of advanced specialty chemicals. Headquartered in Turbhe, Navi Mumbai, Maharashtra, the company’s primary operations involve the manufacturing, blending, and marketing of refined chemical products, industrial chemicals, and chemical additives. Its product portfolio includes performance-driven chemical products added to petroleum fuels, automotive grease, and lubricants to optimize efficiency, longevity, and performance across transportation and industrial sectors. Additionally, through its Lubrizol Advanced Materials division, the company supports a wide range of consumer and industrial markets. These include specialty materials, plastics technology, coatings, performance resins, and ingredients for the personal care, cosmetic, medical device, and pharmaceutical industries. Lubrizol India maintains an extensive operational and manufacturing footprint across the country to support regional supply and product customization. Key facilities include its corporate office, factory, and filtration facility at Turbhe, a localized sales office in Taloja, and advanced manufacturing and technology development facilities in Vadodara and Dahej, Gujarat. To meet evolving market demands, the company has undertaken substantial long-term infrastructure investments totaling over $350 million since 2023. These expansions feature a newly established Global Capability Center (GCC) in Pune, a large-scale single-site CPVC resin plant in Vilayat, Gujarat, a upcoming state-of-the-art Technology and Innovation Center in Maharashtra, and a new facility in Aurangabad designed to serve as one of its largest manufacturing plants globally. Financially, Lubrizol India Private Limited is classified as an unlisted private non-government company with an authorized and paid-up capital of INR 19.20 crore. For the fiscal year ending March 31, 2025, the company recorded an operating revenue range between INR 1,750 crore and INR 2,000 crore, maintaining a strong book net worth expansion of 17.53% despite shifting market margins. Leadership operations are overseen by a dedicated board of directors, including Managing Director Nitin Mengi alongside directors Sanket Gaurang Shah, Mukul Maheshwari, Ruchir Agrawal, and Flavio Braunstein Kliger, who together drive the company's regional growth, customer collaboration, and transition toward sustainable, low-carbon industrial solutions.