LANXESS and BPCL team up on advanced industrial lubricants

German specialty chemicals firm LANXESS and Bharat Petroleum have signed a non-exclusive MoU to explore long-term cooperation on advanced industrial lubricants and specialty fluids in India. The deal covers products like hydraulic fluids, turbine oils, specialty greases and data-centre immersion cooling fluids, and will also look at bio-based lubricants, EV fluids and hydrogen economy applications.