IPOL Lubricants goes global

GP Petroleums (GPPL), a lubricant maker in India and part of UAE-based GP Global, has signed an agreement with MAG Lube, which manufactures lubricants in the Middle East, to manufacture and market IPOL lubricants across the world. According to the agreement, MAG Lube will pay a royalty to GPPL for the formulation technology and brand. “The consolidation of lubricant brands around the world is seen as an opportunity to grow and GP Petroleums with its brand IPOL, is well positioned to fill the space for affordable and high quality products in emerging markets. We will bridge the gap between customer