Texol Lubritech Opens $12 Million Manufacturing Unit in HFZ
India-based Texol Lubritech officially inaugurated its first overseas manufacturing unit in the Hamriyah Free Zone, Sharjah, making its first expansion move outside of India. The $12 million manufacturing unit was opened by Saud Salim Al Mazrouei, Director of Hamriyah Free Zone Authority in the presence of Ramesh Parekh, Chairman of the group; Simon Philip, Vice Chairman and CEO of the company; and several senior officials. This 215,278 sq. ft. plant is the third facility for Gandhar Oil Refinery India to be opened with two other manufacturing plants already in operation in India.