Tide Water Oil Co(I) Share Price

The Tide Water Oil Co. (I) Ltd. is a subsidiary of the multi-divisional Andrew Yule group, which has a variety of business interests, including Engineering, Electrical, Tea Cultivation, Power Generation, and Digital Communication Systems, as well as Lubricants. The business makes and distributes engine lubricants in India for use in various industries, including industrial and automotive. Plants belonging to the corporation can be found at Howrah, Royapuram, Turbhe, Silvassa, and Faridabad.

The company provides a variety of automotive oils, including coolant and brake fluid, as well as industrial lubricants, which include general-purpose machinery spindle turbine hydraulic and circulation heavy-duty hydraulic steam cylinder industrial gear cutting non-drip and mill roll oils. In addition, the company offers a variety of agri engine oils, including diesel engine premium diesel engine PMCO and two-wheeler dedicated engine gear and transmission and Agri engine oils.

Products manufactured by VEEDOL, which are sold under that brand name, have a solid reputation in the business world and are often praised for the breadth and depth of the assortment of goods they provide.

Products made by a technological partnership agreement with Nippon Oil Corporation (previously Mitsubishi Oil Co Ltd) and sold under the brand name ENEOS have carved out a specific market segment for themselves, thanks to their superior quality and performance.

Tide Water Oil Co. (I) Ltd. was officially established in 1922. In 1987 and 1988, the business began working closely with Cofran Promotion Switzerland in producing synthetic, semi-synthetic, and specialty lubricants. This relationship was a technological one. The company introduced the premium line of Mitsubishi engine oils from Nippon Mitsubishi Oil Firm in Japan during the 1993-1994 school year (formerly Mitsubishi Oil Company).

The partnership between the two businesses will include sharing technological know-how to produce and sell Mitsubishi goods in India.

In the 1996–1997 fiscal year, the corporation increased the amount of oil (including synthetic lubricating oil) stored in their installed capacity to 84198145 litres. In addition to this, they finished the modernization work in the grease mixing factory that was located in Howrah. The business completed the construction of the 8000 KL per year new lubricant blending facility at Faridabad during the 1997-1998 fiscal year.

During the 1998-1999 school year, the Silvassa factory was evaluated and given an ISO 9002 certification. The technical cooperation agreement with Nippon Oil Corporation, which was previously known as Mitsubishi Oil Company Ltd., was extended during the 2003–2004 fiscal year, and the revised terms of the agreement took effect on October 28, 2003, for an additional period of three years. Launched in May of 2004, the ENEOS product line was the first to be produced due to the partnership agreement.

The quality management system ISO 9001:2000 was successfully implemented at the company's Ramkristopur facility during the 2004–2005 fiscal year. The activities conducted in the Deonar factory were moved to the new plant being constructed at Turbhe, which is located in Navi Mumbai. The firm is now making a state-of-the-art lubricant mixing factory in Oragadam, located close to Chennai. Do you want to know about the Tide Water Oil Company India Shares? Click Here to know about today’s Tide Water Oil Company India Share Price.