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More news about Castrol
27Feb 25
BP Launches Strategic Review of Castrol, Including Castrol India
BP, the parent company of Castrol India Limited, has initiated a strategic review of its global lubricants business, including Castrol India. The review aims to accelerate Castrol's value delivery and will consider all options. This could potentially lead to significant changes for Castrol India, including possible alterations in ownership structure or business strategy. Castrol, a leading global lubricants brand, has outlined growth ambitions in mobility, industrial lubricants, and data centre fluids. Potential outcomes of the review may include a partial or full sale of BP's stake in Castrol India, restructuring of global operations, or new strategic partnerships.