Savita Oil Commissions Second Phase of Synthetic Ester Plant at Mahad

Savita Oil Technologies Limited ( (IN:SOTL) ) just unveiled an announcement.

Savita Oil Technologies has commissioned Phase 2 of its synthetic ester manufacturing plant at its Mahad facility, following the earlier start-up of Phase 1 in October 2023. The expanded, multipurpose plant is designed to produce synthetic esters for transformer fluid applications and can also manufacture esters for high-performance automotive and industrial lubricants.

With synthetic esters increasingly used as EV coolants, for immersion cooling of batteries and for data center thermal management due to their thermal stability and dielectric properties, this capacity addition strengthens Savita Oil Technologies’ position in advanced fluid solutions. The move is likely to enhance its ability to serve fast-growing segments in electrification and digital infrastructure, potentially supporting future growth and competitiveness in specialty lubricants and cooling fluids.

More about Savita Oil Technologies Limited

Savita Oil Technologies Limited operates in the petroleum and specialty lubricants industry, producing transformer oils, automotive and industrial lubricants, and related specialty fluids. The company focuses on high-performance applications, including power transmission, automotive uses and increasingly advanced fluids for emerging technologies such as electric vehicles and data centers.

Average Trading Volume: 1,319

Technical Sentiment Signal: Hold

Current Market Cap: 25.98B INR

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