Waxpol Industries to manufacture DEF
Waxpol Industries, with the clear aim of expanding its horizon, is all set to manufacture diesel exhaust fluids (DEF) for the commercial vehicles in India. Manufacturer of various lubricants, including brake and clutch fluids, and greases, Waxpol Industries will begin production of DEF at its Ranchi plant in 2 months.
“Since the demand for DEF will rise shortly, to be ahead in the market, we are planning to invest close to Rs 6 crore to set up initial installed capacity of 30,000 tonnes annually of DEF at our Ranchi plant,” Shrey Garg, Director (Operations and International Affairs), Waxpol, said.
With the Euro-IV emission norms already in, the demand for DEF is picking up steam, and the deadline for the BS-VI emission norms is approaching fast, the vehicles will become more sophisticated. Garg is against the use of agriculture urea as DEF, since it is imported, and it can destroy the functioning process of catalytic converters in diesel engines.
The company has developed and launched high performance EP Red Grease for chassis application largely across trucks, buses and farm equipment for the aftermarket. “A NLGI GC – LB Certified product, the EP red grease has been tested to survive more than 75,000km at a stretch thus being suitable for heavy duty application,” Garg said. The company has also launched water-based eco-friendly polish, Eco-saver, for automotive and home care products.
The Ranchi plant of the company, the biggest among its four plants, houses a quality control laboratory and a state-of-the-art R&D centre. The R&D centre is involved in the development of surface technology and tribology to meet the dynamic demands of the customers. It also has a physicochemical test laboratory to ensure complete analysis and evaluation of lubricants, fuel aids and other specialty products.
The other 2 production units, in Raipur and Chennai, are fully equipped with field-testing laboratories. Company sources claim that test equipment has also been installed to study flow characteristics and behaviour pattern under static and dynamic conditions even at sub-zero temperatures. Alongside, a performance testing lab has also been set up to access the product performance under stimulated conditions. Currently Waxpol’s revenue breakup between the aftermarket and OEM is 80:20. Garg said the focus of Waxpol will remain on the aftermarket for the near future as well. He is happy that there is increased awareness among people for quality products, thus giving fake products a run for money. However, he feels there is no single-shot measure to tackle the problem of counterfeiting in the aftermarket. “Apart from encouraging our dealers to promote original products, we ensure a packaging that is economically unviable to be manufactured at a small-scale unit,” Garg said.
Waxpol exports its products to the various countries in the Gulf region, Bangladesh, Tajikistan, Sri Lanka, Singapore and Cambodia.