Tuesday, March 14, 2023

HPCL And Chevron Partner To Introduce Cutting-Edge Technology Lubricants In India

Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation, has entered into a long-term trademark licensing agreement with Hindustan Petroleum Corporation Limited (HPCL). This collaboration encompasses the licensing, production, distribution, and marketing of Chevron’s lubricant products under the Caltex® brand, including Chevron’s proprietary Havoline® and Delo® branded lubricant products.

This Agreement paves the way for Caltex-branded lubricants to be manufactured, distributed, and marketed in India by HPCL. Consumers in India can look forward to the supply of quality Caltex lubricants under this development.

Commenting on the agreement, Brant Fish, President of Chevron International Products stated, “We are extremely pleased to partner with HPCL to bring quality Caltex lubricants technology and performance to India. HPCL is a market leader in India, and together we plan to build on the strength of the Caltex brand and our premium product portfolio. We look forward to a long and successful partnership with HPCL to complement their product offerings with Caltex’s premium Havoline® and Delo® products in India.”

From his side, Amit Garg, Director Marketing of HPCL added, “This exciting partnership paves the way to leverage HPCL’s market leadership to add value via a broader, premium products offering to Indian consumers through synergies between HPCL and Chevron. The long-term comprehensive cooperation we have with Chevron is built on HPCL’s success in the field of lubricants production, distribution, and marketing. We look forward to a fruitful and long-lasting journey with the Caltex brand in the Indian market.”

About HPCL

HPCL is one of the largest integrated public sector enterprises, engaged in the business of refining crude oil and marketing of various petroleum products like petrol, diesel, LPG, natural gas, branded fuels like Power and Turbojet ATF, besides naphtha, bitumen, marine fuels, HP lubricants throughout India and in select foreign countries. Hindustan Petroleum Corporation Limited, one of India's frontline oil majors, committed to providing energy and fueling growth in every significant area of development. More information about HPCL is available at www.hindustanpetroleum.com

About Chevron

Chevron is one of the world’s leading integrated energy companies. We believe affordable, reliable, and ever-cleaner energy is essential to achieving a more prosperous and sustainable world. Chevron produces crude oil and natural gas; manufactures transportation fuels, lubricants, petrochemicals, and additives; and develops technologies that enhance our business and the industry. We are focused on lowering the carbon intensity in our operations and growing lower carbon businesses along with our traditional business lines. More information about Chevron is available at www.chevron.com.

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