JSA helps Malaysia’s Petronas set up first oil blending plant near MumbaiOctober 24 2013
J. Sagar Associates advised Malaysia’s Petronas in its $50 million investment to set up a lubricant oil blending plant near Mumbai.
The JSA team was led by Partners Nitin Potdar and Rinku Ambekar along with Associate Aarti Iyer.
Petronas Lubricants International, the lubricants manufacturing and marketing arm of Malaysia’s national Oil & Gas Company, Petronas, has signed a joint land lease agreement with the Maharashtra Industrial Development Corporation (MIDC) to build the plant. The plant will be constructed on 25 acres . . .
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