Shell Lubricants has completed the acquisition of a 100 percent equity interest in Raj Petro Specialities from the Brenntag Group, further strengthening its lubricants portfolio and expanding its customer base in India. In a statement, Shell emphasised that the acquisition supports growth in India, which is strategic to its goals.

Raj Petro, an over 80-year-old Mumbai-headquartered company, operates manufacturing facilities in Chennai and Silvassa. Its wide product range includes transformer oils, petroleum jellies, white oils, waxes, and specialty lubricants. The company was previously acquired by Germany's Brenntag in 2017-18.

The transaction enhances Shell’s ability to serve key sectors such as power transmission, personal care, pharmaceuticals, construction, mining, tyre and rubber, and food. Raj Petro’s global presence, with partners in about 100 countries, further boosts Shell’s international lubricants footprint. Jason Wong, Shell’s Executive Vice President for Global Lubricants, stated, “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.”