By: ICN Bureau
Last updated : March 27, 2026 7:13 pm
Both companies will work together on the co-development of lubricant additives designed to meet evolving market requirements
Indian Oil Corporation Limited (IndianOil) and Godrej Chemicals have signed a Memorandum of Understanding (MoU) for the co-development of lubricant additives, marking an important step towards strengthening indigenous capabilities in advanced materials and performance solutions.
The partnership brings together two of India’s most distinguished enterprises, with a legacy of contributing to the nation’s growth.
Under this MoU, IndianOil and Godrej Chemicals will work together on the co-development of lubricant additives designed to meet evolving market requirements. The collaboration will bring together IndianOil’s application understanding, scale, and technical strengths with Godrej Chemicals’ expertise in chemistry and manufacturing.
This partnership goes beyond a shared business objective. It reflects a common focus on developing high-performance solutions through innovation, complementary capabilities, and long-term collaboration.