GP Petroleums has inked a pivotal five-year Manufacturing and Marketing Agreement with UAE-based Modern International FZE, effective from July 1, 2025. This alliance aims to expand GP Petroleums’ global footprint by leveraging Modern International’s robust blend manufacturing and distribution capabilities in key markets.
Main News Body:
Mumbai-headquartered GP Petroleums Limited, a leading manufacturer of automotive and industrial lubricants, has entered a significant Manufacturing and Marketing Agreement with Modern International FZE, headquartered in the United Arab Emirates. The five-year agreement, effective July 1, 2025, represents a strategic move by GP Petroleums to bolster its manufacturing capacities and expand marketing reach globally.
Under this arrangement, Modern International FZE will manufacture and blend lubricant products per GP Petroleums’ specifications and market them under agreed brand labels in designated territories. This partnership is expected to enhance supply chain efficiencies, enable geographical expansion, and fortify GP Petroleums’ presence in emerging lubricant markets, particularly in the Middle East and African regions.
GP Petroleums is renowned for its IPOL brand products, which span automotive engine oils, industrial lubricants, greases, specialty oils, and process oils compliant with various international standards like API, JASO, and ACEA. The agreement aligns with GP Petroleums’ ambition to provide high-quality, energy-efficient lubricants adhering to stringent quality norms, while tapping into new and existing global markets through Modern International’s established infrastructure.
Major Takeaways:
The agreement duration is five years, starting July 1, 2025, encompassing manufacturing, blending, supply, and marketing of lubricant products.
Modern International FZE will produce lubricants adhering to GP Petroleums’ quality standards and branding requirements.
Focus is on growing GP Petroleums’ footprint in the Middle East, Africa, and other strategic markets.
Partnership expected to enhance operational efficiencies and product availability.
GP Petroleums continues its commitment to sustainable, innovative, and premium lubricant solutions.
The collaboration complements GP Petroleums’ previous agreements with international partners like MAG Lubricants and Repsol.
This alliance reflects GP Petroleums’ strategic approach to ramp up global competitiveness by combining indigenous product expertise with international manufacturing and marketing capabilities. It positions the company to capitalize on growing lubricant demand worldwide while supporting its Make in India vision and global expansion ambitions.
Sources:
GP Petroleums official announcement, company website disclosures, trade and market news portals