PETRONAS Lubricants, Quaker Houghton Ink Strategic Deal

21 Apr 2025 CW Team

The collaboration combines the strengths of both companies—leveraging PETRONAS Lubricants India’s maintenance lubricant technologies and Quaker Houghton’s deep expertise in metalworking fluids. Starting from the second quarter of 2025, Quaker Houghton will begin offering PETRONAS Lubricants India’s comprehensive range of industrial fluids and maintenance lubricants to steel mill producers in India and Malaysia.

Commenting on the development, Binu Chandy, Chief Executive Officer of PETRONAS Lubricants India Pvt. Ltd, said:

“With the evolving state of industrial operations creating demand for best-in-class fluids, we are excited to share our expertise in maintenance fluids with the industrial operations here. This partnership is a significant milestone for us, as we see that Quaker Houghton shares our commitment to technical excellence and is equally dedicated to providing world-class industrial solutions to customers. This partnership will benefit our customers in terms of greater product availability and service quality that will strengthen our position as the partner of choice in global industrial lubricants.”

Jeewat Bijlani, EVP, Global Specialty and Chief Growth Officer at Quaker Houghton, added:

“This partnership enables us to provide Quaker Houghton metalworking fluids to a greater number of customers in India and Malaysia. Our customers will benefit from Quaker Houghton’s strong presence and technical service, in addition to having access to a wide range of high-performance maintenance lubricants and industrial fluids from PETRONAS Lubricants.”

The collaboration is expected to create synergistic value for industrial customers by offering a broader portfolio, improved service levels, and greater product availability across geographies. The companies aim to jointly address the evolving needs of modern manufacturing, especially in the steel, metalworking, automotive, aerospace, and mining sectors.

About Quaker Houghton Quaker Houghton is a global leader in industrial process fluids, operating in over 25 countries and serving specialized sectors like steel, aluminum, automotive, aerospace, mining, and more. With approximately 4,400 employees, including chemists and engineers, the company delivers customized, sustainable solutions that enhance manufacturing performance.

About PETRONAS Lubricants International PETRONAS Lubricants International (PLI) is the lubricants arm of PETRONAS, Malaysia’s national energy company. Established in 2008, PLI operates in over 100 markets, offering high-quality automotive and industrial lubricants. It is also the technology partner of the Mercedes-AMG PETRONAS Formula One Team, responsible for developing custom fuels and fluids that power championship-winning cars.

In a significant step towards strengthening industrial operations in India and Malaysia, PETRONAS Lubricants India Pvt. Ltd (PLIPL) and Quaker Houghton have announced a strategic partnership aimed at delivering high-performance industrial fluid solutions to key manufacturing sectors, including steel production. The collaboration combines the strengths of both companies—leveraging PETRONAS Lubricants India’s maintenance lubricant technologies and Quaker Houghton’s deep expertise in metalworking fluids. Starting from the second quarter of 2025, Quaker Houghton will begin offering PETRONAS Lubricants India’s comprehensive range of industrial fluids and maintenance lubricants to steel mill producers in India and Malaysia. Commenting on the development, Binu Chandy, Chief Executive Officer of PETRONAS Lubricants India Pvt. Ltd, said: “With the evolving state of industrial operations creating demand for best-in-class fluids, we are excited to share our expertise in maintenance fluids with the industrial operations here. This partnership is a significant milestone for us, as we see that Quaker Houghton shares our commitment to technical excellence and is equally dedicated to providing world-class industrial solutions to customers. This partnership will benefit our customers in terms of greater product availability and service quality that will strengthen our position as the partner of choice in global industrial lubricants.” Jeewat Bijlani, EVP, Global Specialty and Chief Growth Officer at Quaker Houghton, added: “This partnership enables us to provide Quaker Houghton metalworking fluids to a greater number of customers in India and Malaysia. Our customers will benefit from Quaker Houghton’s strong presence and technical service, in addition to having access to a wide range of high-performance maintenance lubricants and industrial fluids from PETRONAS Lubricants.” The collaboration is expected to create synergistic value for industrial customers by offering a broader portfolio, improved service levels, and greater product availability across geographies. The companies aim to jointly address the evolving needs of modern manufacturing, especially in the steel, metalworking, automotive, aerospace, and mining sectors. About Quaker Houghton Quaker Houghton is a global leader in industrial process fluids, operating in over 25 countries and serving specialized sectors like steel, aluminum, automotive, aerospace, mining, and more. With approximately 4,400 employees, including chemists and engineers, the company delivers customized, sustainable solutions that enhance manufacturing performance. About PETRONAS Lubricants International PETRONAS Lubricants International (PLI) is the lubricants arm of PETRONAS, Malaysia’s national energy company. Established in 2008, PLI operates in over 100 markets, offering high-quality automotive and industrial lubricants. It is also the technology partner of the Mercedes-AMG PETRONAS Formula One Team, responsible for developing custom fuels and fluids that power championship-winning cars.

Infrastructure Urban

06 Apr 2026

InsideFPV Delivers ₹10 Crore Kamikaze Drone Order Under MoD’s EPR Route

InsideFPV, a Surat-based drone technology manufacturer, has successfully executed a ₹10 crore defence contract to supply indigenous kamikaze drones under the Ministry of Defence’s Emergency Procurement Route (EPR). The company completed the delivery of hundreds of FPV kamikaze drone platforms within a rapid two-month timeframe, highlighting its ability to meet urgent military procurement timelines.The supply orders were fulfilled under the emergency procurement mechanism, which is aimed at fast-tracking acquisitions for immediate operational needs. InsideFPV’s quick execution reflects it..

Infrastructure Energy

06 Apr 2026

Vedanta Resources Secures Fitch Upgrade to ‘BB-’, Best Rating Since 2015

Vedanta Resources Limited (VRL), a global player in metals, oil & gas, critical minerals, power and technology, has received a credit rating upgrade from Fitch Ratings, marking its strongest bond rating in over a decade.Fitch has raised Vedanta Resources’ Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘BB-’ from ‘B+’, while maintaining a Stable Outlook. The agency also upgraded VRL’s senior unsecured rating, along with the ratings of US dollar-denominated bonds issued by Vedanta Resources Finance II Plc and guaranteed by VRL, to ‘BB-’.The upgrade represents Vedan..

Real Estate

06 Apr 2026

NAREDCO NextGen NCR Chapter Launched

The NAREDCO NextGen NCR Chapter was recently launched at Excelerate 2026 in Mumbai, marking a key step towards integrating emerging real estate leaders from the National Capital Region with the national platform. The initiative aims to promote sustainable and responsible urban development through collaboration and knowledge exchange.The event brought together young developers, entrepreneurs, and professionals from across NCR, including Noida, Gurugram, Ghaziabad, Faridabad, Bhiwadi, and Meerut. Discussions focused on urban development, finance, sustainability, innovation, and policy, emphasisi..