Shell Acquires Raj Petro: Powering Up for Growth in India

Shell Lubricants has completed the acquisition of 100% equity in Raj Petro Specialities from the Brenntag Group, a move that strengthens its lubricants portfolio and expands its customer base in India—a market central to Shell’s long-term growth strategy.

Raj Petro, a Mumbai-headquartered company with a legacy of over 80 years, operates manufacturing facilities in Chennai and Silvassa. Its diverse product lineup includes transformer oils, petroleum jellies, white oils, waxes, and specialty lubricants. The company was previously acquired by Germany-based Brenntag in 2017–18.

The acquisition enhances Shell’s capabilities across key sectors such as power transmission, personal care, pharmaceuticals, construction, mining, tyre and rubber, and food. Raj Petro’s established global distribution network, spanning approximately 100 countries, further extends Shell’s international reach in the lubricants space.

Commenting on the acquisition, Jason Wong, Shell’s Executive Vice President for Global Lubricants, said: “The addition of Raj Petro Specialities will help maximise value for Shell through a complementary product portfolio and increased scale of business, positioning Shell Lubricants for further growth in line with our unwavering focus on performance, discipline, and simplification.”

News by Rahul Yelligetti.