Chevron Corporation, the second largest oil company based in the United States is making a comeback in the Indian lubricants market after 12 years.
Chevron Brands International LLC (Chevron), a subsidiary of Chevron Corporation and state-run Hindustan Petroleum Corporation Ltd (HPCL) have entered into a 10-year long-term agreement to license, produce, distribute, and market Chevron’s lubricant products under the Caltex brand. The companies officially launched the Caltex brand in the Indian market on Wednesday.
