Cabinet approves sale of 24% equity holding in Lubrizol India Private Limited by Indian Oil to Lubrizol Corporation, USA

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..... Cabinet approves sale of 24% equity holding in Lubrizol India Private Limited by Indian Oil to Lubrizol Corporation, USA
News and Press Release
Dated:- 16-3-2017

Press Information Bureau .....

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..... Government of India Cabinet Committee on Economic Affairs (CCEA) 15-March-2017 19:59 IST The Cabinet Committee on Economic Affairs, chaired by the Prime Minister ShriNarendra Modi todaygave its i .....

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..... n-principle approval topermit Indian Oil Corporation Limited (Indian Oil) to sell its 24% equity in one of its Joint Venture Companies, M/s. Lubrizol India Private Limited (LIPL) to Lubrizol Corporati .....

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..... on, USA (LC), the other Joint Venture Partner. The sale will enable IOC to have long term association with its joint venture partner and thus LIPL to have access to the latest global additive technol .....

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..... ogies developed by Lubrizol Corporation, USA. ***** AKT/VBA/SH
News - Press release - PIB .....

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