HPCL makes Historic Entry into US Market with Export of Premium Lubricants

Mumbai, India - 08.10.2024

Hindustan Petroleum Corporation Limited (HPCL) has achieved a significant milestone with its first-ever export of HP LUBRICANTS to the United States, marking its presence in the 30th country globally.

In a major breakthrough, HPCL's premium Shock Absorber Oil, HP SHOX OIL DC, has been selected by M/s. Duroshox, a leading manufacturer of vibration isolation, motion control, comfort, and damping solutions, for use in their solar panel dampers produced at their state-of-the-art facility in San Antonio, Texas.

This development underscores HPCL's growing international presence and its commitment to expanding its lubricant business globally. The US market, being the largest consumer of lubricants worldwide, presents immense opportunities for growth.

Key Highlights:

• First-ever export of HP LUBRICANTS to the United States
• Entry into the 30th country globally for HPCL's lubricant business
• Annual consumption expected to be around 250 KL, with potential for growth
• HP SHOX OIL DC selected for use in Duroshox's solar panel dampers

ED – Lubes, HPCL, Shri CH Srinivas said, "This milestone marks a significant step forward in our strategic expansion plans. We are proud to have made inroads into the US market, and we look forward to exploring further opportunities for growth and collaboration."

To commemorate this achievement, a flag-off ceremony was held at Mazgaon Terminal, where the first shipment of HP SHOX OIL DC was dispatched to Nhava Sheva Port in Mumbai.

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