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BPCL Drives Sustainability in Steel Industry with MAK Lubricants

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.

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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.

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