GP Petroleums Ltd to participate in South-East Asia's Biggest Machine Tool Exhibition, IMTEX

GP Petroleums (GPPL) will showcase their premium product range at the Experiential Centre set up at IMTEX, one of South-East Asia's biggest machine tool exhibition at Bengaluru International Exhibition Centre (BIEC), from January 19-25, 2023.

Speaking at the occasion, Mr. Jogesh Sharma - VP, Industrial Lubes, said, "We are doubly excited as this event is coinciding with the milestone celebration of "50th anniversary" of Company's 'IPOL' brand in the Indian lube Industry. We will highlight the journey of our 'IPOL' brand and demonstrate its superior performance to the manufacturing industries. We would also be unveiling the high-performance metal working fluids and greases during this event."

GP Petroleums operates an efficient manufacturing facility with a production capacity of 80,000 KL and one of the industry's largest base oil storage capacity of 15,000 KL. The Company specialises in the formulation, blending and marketing of Industrial and Automotive lubricants, Rubber Process oils, Greases and other specialty products. GPPL has in-house R&D and has tie-ups with leading technology partners such as Dow, Italmatch, Clariant, Lanxess, Lubrizol, Oronite, Chemipix and many others.

GPPL's industrial vertical is known for having one of the best networks in the country, with over 150 industrial distributors and 21 warehouses. The strong infrastructure coupled with a whole gamut of product offering has resulted in Company's leadership as one-stop solution provider.

The IPOL brand promises 'Right Quality at the Right Price.' On the strength of its numero-uno position in soluble cutting oils, IPOL is consolidating its position in high-performance lubricant segment such as Rust Preventives, Semi-Synthetic coolants, Specialty Neat Cutting oils, Aqueous Cleaners, Quenching Oils, etc.

IPOL brand is approved and associated with most of the major machine tool manufacturers and enjoys 'Prime' position in all the metal working fluids. Most of the major industry OEMs recommend IPOL lubricants to improve machine performance, extend tool life and thereby increase productivity. IPOL's water-miscible cutting coolants and rust preventives are the most preferred products in the Tube mill industry. IPOL has also launched specialty chuck jaw grease and other heavy-duty greases for the machine tool industries, which have proven to outperform market-standard products.

Shares of GP Petroleums Limited was last trading in BSE at Rs. 42.50 as compared to the previous close of Rs. 42.20. The total number of shares traded during the day was 8484 in over 174 trades.

The stock hit an intraday high of Rs. 42.90 and intraday low of 41.70. The net turnover during the day was Rs. 357699.00.

Source : Equity Bulls

Keywords

GPPetroleums INE586G01017 ExperientalCentre IMTEX MachineToolExhibition