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Petronas plans to invest $150 million in India's lubricant market

Petronas plans to invest $150 million in India's lubricant market

Tuesday, April 4, 2017, 6:55 AM

Malaysian oil major Petronas plans to invest $150 million to expand its presence in the country’s lubricant market. Petronas Lubricants International, manufacturing and marketing arm of the Malaysian national oil corporation, will spend the money to set up a plant with 110 million litres capacity in Patalganga and a technology centre for motorcycle engine oil, and invest in branding activity in the country.
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