Infineum opens Mumbai office amid reported Shell-ExxonMobil sale talks
· Lubricants & Chemicals · India
Infineum, a specialty additives supplier, opened new premises for its India office in Andheri East, Mumbai, on November 2, citing growing domestic demand. The company describes itself as a global leader in specialty additives. The office is intended to let Infineum work more closely with local partners. The move comes as the company's shareholders, Shell and ExxonMobil, reportedly explore a sale of the business. Infineum supplies lubricant and fuel additives, a niche segment of the chemicals industry, and a deeper India presence positions it in one of the fastest-growing lubricant markets while ownership of the company remains uncertain.
Why it matters:Ownership uncertainty at a key additives supplier could reshape lubricant formulations and supply relationships industry-wide, even as it expands in a major growth market.
Key points
- Infineum opened its new India office in Andheri East, Mumbai, on November 2.
- The company says the office supports closer work with local partners as domestic demand grows.
- Shareholders Shell and ExxonMobil are reportedly exploring a sale of Infineum.
Sources (original reporting)
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