Schwing Stetter and Gulf Oil Lubricants India Ltd (a Hinduja Group Company) have inked an agreement to market co-branded lubricants for Schwing Stetter customers across the country.

This is in addition to the factory fill which is already being supplied by Gulf Oil. The agreement was signed by Ravi Chawla, Managing Director, Gulf Oil, and Anand Sundaresan, Vice-Chairman & Managing Director, Schwing Stetter, according to a statement made to the BSE.

Schwing Stetter India is a 100 per cent subsidiary of the Schwing Group of companies, which is a pioneer in the manufacture of concrete construction equipment.

Gulf Oil Lubricants India is one of the leading private sector players in the lubricant industry and currently is the fastest growing lubricant marketer in India.

Anand Sundaresan said: “After field trials for several months on our concrete pumps, we have approved use of 'Gulf Harmony AW 68Plus SS' for our equipment. We are glad to enter into an agreement with Gulf Oil for factory fill as well as aftermarket business. I am sure our customers will greatly benefit with this association.”

Ravi Chawla said, “This further strengthens our presence in the construction sector, which is a key segment for India’s growth and one of Gulf oil’s key focus segment in the coming years. Our products and services have been designed keeping in mind the extreme working environment of construction and mining Industry. Our team is fully prepared to deliver total customer satisfaction.”

The co-branded lubricants have been specially formulated for Schwing Stetter equipment and will meet its stringent engineering specifications. The portfolio includes high performance anti wear hydraulic oils made from severely hydrocracked and hydrotreated Group II base stocks with special performance additives.

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