Shell completes acquisition of Raj Petro Specialities, strengthening its lubricants portfolio and customer base
Gurgaon − Shell Lubricants has successfully completed the acquisition of a 100% equity interest in Raj Petro Specialities Pvt. Ltd. from the Brenntag Group.
The acquisition of Raj Petro Specialities supports Shell Lubricants as it strives to grow its portfolio and customer base in India, which is one of its key growth markets. The transaction strengthens Shell Lubricants’ presence in the market by supplying customers in the power transmission, personal care and pharmaceutical sectors, as well as helping to realise new synergies and economies of scale across the lubricants value chain.
“The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification”, said Jason Wong, Shell’s Executive Vice President for Global Lubricants.
Notes to editors
- The term “Shell Lubricants” collectively refers to Shell Group companies engaged in the lubricants business. Shell sells a wide variety of lubricants to meet customer needs across a range of applications in over 100 countries. In 2024, Shell was named the leading global supplier of finished lubricants for an 18th consecutive year, according to the 22nd edition of Kline & Company’s report Global Lubricants: Market Analysis and Assessment 2023. Please visit www.shell.com/lubricants for more information.
- Raj Petro Specialities is a multi-faceted petrochemical manufacturing and marketing company with business partners in about 100 countries across the globe. The company offers a complete range of products catering to Power & Energy, Personal Care, Tyre & Rubber, Food & Pharma, Construction & Mining, Chemicals & Petrochemicals, Engineering, Petroleum & Offshore, Textiles, Steel & Metal, Transport including Railways, Automotive Retail, Agriculture, Metalworking and general engineering industries. Raj Petro Specialties has been operating for eight decades providing innovative, customized solutions for a range of high-performance applications. For more information about Raj Petro Specialities, please visit: www.rajgrp.com.
- Brenntag is a Germany-based global market leader in chemicals and ingredients distribution. Please visit www.brenntag.com for more information.
Enquiries
Asia Pacific Media Relations: apac-media@shell.com
Shell India Media Relations: parul.suri@shell.com