Bulletin Updates

This refinery bets on joint-IP model to scale naphthenic base oils technology – 22 Oct 2025

Oct 22, 2025

It wants licensors to co-develop its in-house naphthenic base oils process with pilots and a 200 KTPA design. The EOI pushes for hefty fee cuts, a license-fee waiver at go-decision, and royalty sharing under a joint brand. If accepted, it could reset licensor economics in India’s specialty base-oil niche.

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