New Delhi/Mumbai, October 1, 2024: Bharat Petroleum Corporation Limited (BPCL) showcased its commitment to sustainability at the prestigious MMMM 2024 event, focusing on innovations in metal production and sustainable steel practices.
Shri Subhankar Sen, Business Head (Lubes) at BPCL, highlighted MAK Lubricants’ crucial role in the steel industry’s transformation.
*Sustainable Steel Solutions*
MAK Lubricants supports the steel industry’s shift towards sustainable practices with:
– MAK Hydrovis series
– MAK Amocam Plus series
– MAK Syngear series
– MAK Steel grades
– MAK Multiplex CS2 grease
– MAK Hitemp Xtra grease
These best-in-class lubricants facilitate lower total cost of ownership, complementing the industry’s value creation for the economy and environment.
*India’s Steel Sector Growth*
Steel production in India is projected to grow from 140 million tonnes to 300 million tonnes by 2030, at an impressive CAGR of 9.2%
The steel industry has been a force multiplier in India’s manufacturing and infrastructure growth story.
*MMMM 2024 Key Takeaways*
– Discussions centered on energy efficiency, green hydrogen, carbon capture, and natural gas-based DRI
– Minister of State Sri Bhupathiraju Srinivasa Varma emphasized digitalization and sustainability driving future growth
– India’s commitment to reducing carbon emissions, with a goal to cut carbon intensity by 45% by 2030 and achieve Net Zero emissions by 2070
BPCL’s participation at MMMM 2024 reinforces its dedication to driving India’s sustainability goals and supporting industries in their transition towards low-carbon production.