Register to Subscribe



Home arrow News arrow Business News arrow Fuchs Lubricants India to set up manufacturing unit in Ambernath, Mumbai
Fuchs Lubricants India to set up manufacturing unit in Ambernath, Mumbai Print E-mail
Written by Vijay   
Saturday, 11 December 2010
Mumbai: Fuchs Lubricants India, a subsidiary of German lubricant manufacturer, Fuchs Petrolub AG, has announced that it will invest Rs 400 million (phase 1) to develop a state of the art lubricant manufacturing unit in Ambernath near Mumbai. Construction of Phase II will commence soon in 2011 with an investment of Rs. 100 million.

"We see a huge growth potential for Fuchs Lubricants in India and as a part of our expansion plan, we have set up the Ambernath plant to cater to a wide range of sectors," said Stefan Fuchs, Chairman of the Executive Board, Fuchs Petrolub AG Germany.

"The plant encompasses sophisticated equipment like Product Logic Control (PLC) based blending systems, Load Cells for accurate monitoring and an internationally benchmarked R&D Centre. It has the highest levels of fire and safety norms far exceeding Indian statutory requirement. The plant also has eco-friendly features like its own waste water recycling plant and stringent pollution control systems" he added.

The plant will also manufacture a wide range of eco-friendly Fuchs products, which will be marketed under Planto and Eco brand names.

The R & D Centre will initially adopt lubes to sub-continental conditions. Soon, it is likely to be upgraded to a regional hub for research and development.

The company has ambitious growth plans to triple the sales turnover to Rs. 2 billion in the next 2-3 years. For this purpose a comprehensive marketing plan has been worked out using a multi- pronged strategy of targeting both the high-end/niche marketing segments, and also general lubricants.

Also,  specialty  lubricants  will  be  manufactured  for  OEM’s  and  their  requirements  in  the manufacturing process, machinery first fill, as well as products for in-use servicing.

The fast growing automotive sector offers new opportunities with German brands like Mercedes and Volkswagen doing well in India. Fuchs India intends to get well entrenched in this segment as First Fill Lubes Supplier.

 
More recent
Earlier on
< Prev   Next >

Sponsors

Mazak - The world's largest machine tool builder
JYOTI - India's most dynamic machine builder
TaeguTec - Cost effective tooling solutions
Advertisement

<< SHARE

Social

AD

Subscribe

Subscribe to MACHINIST by Email

Search

 
RSS 1.0
© 2020 MACHINIST
This site is best viewed with Firefox 2.0 or higher at a minimum screen resolution of 1024x768