Bid & Tender

News

Gulf Oil Lubricants in Long-term Strategic Partnership with S-Oil of South Korea

Hinduja Group subsidiary Gulf Oil Lubricants India Ltd (GOLIL) has announced a long-term strategic partnership with S-Oil Corporation of South Korea to exclusively manufacture and market its entire range of lubricants for the Indian market.

 

The commercial production of S-Oil Seven recently began at GOLIL's production facility in Chennai. It is the first time that a S-Oil lubricant product is being manufactured outside of South Korea. With a wide range of automotive products, S-Oil Seven has been a trusted brand for leading automakers such as Hyundai Kia, Ssangyong and other various original equipment manufacturers.

 

GOLIL Managing Director and CEO Ravi Chawla said the company will work together with S-Oil to launch new products and grow market shares in India across segments, bringing in a range of technologically advanced products for consumers looking for value creating solutions.

 

J H Bae, Head of Global Sales at S-Oil Corporation, said India is one of the world's biggest lubricant markets. The market launch of S-Oil Seven in India will happen in third quarter (October to December).

BACK

Related News