ExxonMobil breaks ground on first greenfield investment in India

The foundation stone for the new ExxonMobil plant was laid on May 19th.

ExxonMobil had announced the final investment decision in the presence of Deputy Chief Minister Devendra Fadnavis, Industry Minister Uday Samant and senior officials from the state government.

The new, INR 900 crore (US$110 million) plant will have the capability to potentially manufacture 159,000 kiloliters of finished lubricants a year, and is expected to begin operations at the end of 2025.

The plant will be built in one of India’s leading manufacturing hubs, in the Maharashtra Industrial Development Corporation’s Isambe Industrial Area in Raigad, southeast of Mumbai, supporting almost 1,200 new jobs construction of the plant.

“This is a step change towards bolstering our position as one of India’s leading providers of high-performance lubricants. Manufacturing locally will simplify our supply chain, enabling us to serve the needs of our Indian customers and consumers more readily,” Rana says.

Recently, as part of an initiative to incorporate recycled plastics in finished lubricants product packaging, the company also launched a plastic pail packaging with 50 percent post-consumer recycled plastic, an industry first in the packaging category.

“We understand the ever-changing needs of our customers, and our initiative to transition to 50% post-consumer recycled plastic pails is just one example of how we are advancing their sustainability aspirations,” Rana says.