In order to expand their footprint into marine business, GP Global Energy Pvt Ltd (GPGEPL), part of UAE-based global conglomerate GP Global, on Saturday said that it had entered into an exclusive partnership with Cepsa, an integrated Spanish oil major, to make and market Cepsa’s marine and power generation lubricants in India.

As per the agreement, GP Global will manufacture, blend, package and even import Cepsa branded lubricant products in India.

“GP Global Energy will be manufacturing the Marine lubricants through a contract with its group company GP Petroleums Ltd in their plant at Vasai, Mumbai, which is already engaged in blending automotive and industrial lubricants over the last four decades,” the company said.

“India is a huge market for ports modernization and coastal shipping development. Major initiatives have been taken in this direction by our government. This partnership is our contribution to the governments Make in India vision and the vibrancy of the sector is a clear sign of resurged interest in its potential. Cepsa is a well reputed international brand and will be a good fit for our portfolio,” said M Prabakaran, Global Head of Terminals & Country Head, GP Global Group, India.

“This partnership will strengthen Cepsa’s international brand and the expansion of our lubricant business, this will be the first time our lubricants will be produced outside our plants in Spain, as the facility in Mumbai has been the first approved by us after a rigorous and successful audit process,” said Álvaro Díaz Bild, Vice President – Marketing, Cepsa.

According to GP Global, this partnership will also strengthen the in house R&D facilities at GP Global and develop technologically advanced products in India. The product range includes cylinder oils, system oils, trunk piston engine oils, hydraulic oil, gear oils, greases and other specialty lubricants required by this industry. Cepsa marine range of products include Cepsa Larus, Gavia, Ciconia and Petrel lubricants, among others.

Cepsa is a global energy company with integrated operations across the entire hydrocarbon value chain, manufactures raw materials for the chemicals industry from natural sources, and has a renewables business. Currently it is one of the leading companies in manufacturing and selling finished lubricants and base oils in Spain and exports products to Europe and other expanding markets, such as Latin America, Middle East and North Africa and Asia. It has two specialized lubricants plants in Spain, in San Roque (Cadiz) and Paterna (Valencia), which also produces hi-tech coolants.

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