SPEAK OUT
Opportunities abound in the Indian lubricant market The Indian lubricant market is the third largest market in the world behind the US and China, which makes the lubricant sector in the country ripe with opportunities. Deepankar Banerjee, CEO, ExxonMobil Lubricants Pvt Ltd
D
eepankar Banerjee, CEO, ExxonMobil Lubricants Pvt Ltd talks about how the Indian coolant and lubricant market has evolved over the years, and how the company has maintained its stronghold in the market with cutting-edge solutions and products.
an organisational goal to make an impact on the industry’s overall operations. One of the ways to do so is by adopting energy-efficient lubricants. Mobil SHC Elite Series of lubricants are exceptional performance circulating gear and bearing oils designed to deliver improved oil drain interval, equipment protection, and smooth operations. What are the challenges the coolant and lubricant industry is facing today? How can they be overcome? The industry is facing a dual challenge — to provide affordable and reliable energy while reducing its impact on the environment. However, regulatory policies and evolving technologies are helping to address these challenges better. We at ExxonMobil believe that consumer preferences backed by
How do you see the coolant and lubricant industry evolving over the years? Can you highlight the key trends? ExxonMobil TM has been at the centre stage of the evolution of lubricants as an industrial solution. From founding the Vacuum Oil Company in 1866 — a business built on new petroleum-based lubricants and its patented vacuum distillation process — to providing lubrication solution for the first electric generating station, ExxonMobil has stood firm to its belief in quality. An ideology of applying the right oil in the right place and time has helped Mobil introduce cuttingedge solutions which are industry milestones. Be it the introduction of DTE oil in 1901 or synthetic lubricants in 1949, ExxonMobil has always developed lubricants that make high-performance engines and machinery reliable. Our heritage lies in developing state-of-the-art products, which has helped make breakthrough discoveries that redefine the power of lubrication. What is one of the key ways that the coolant and lubricant industry can bring about sustainable manufacturing in the long term? How can it be ensured that industry leaders have a commitment towards sustainability? With increasing population leading to a rise in the demand for energy, it is imperative to make industrial processes environmentfriendly and sustainable. Industry leaders should adopt sustainability and energy efficiency as a functioning part of the business model and not just 30
February 2020 n OEM Update
