Gulf Oil Corporation
About Gulf Oil Corporation
About Gulf Oil Corporation
Founded in
1961 (63 yrs old) Ownership
Private
India Employee count Suggest Global Employee count
201-500 Headquarters
Hyderabad, India
Office Locations
Hyderabad, India
CEO Suggest Founders Suggest Type of Company
Corporate
Nature of Business
B2C
Company Email ID Suggest Company Contact no. Suggest Social Media Presence Suggest Website
gulfoilcorp.com
The Chemical Hub of Hinduja Group was created with Gulf Oil India Limited merging with IDL Industries Limited from 1st January 2002. The merger has enabled the Company to leverage the large marketing networks of lubricants and industrial explosives businesses and achieve a turnover for the financial year 2008-09 of Rs.1000 crore (US$200 million). Exports accounted for 5% of the turnover.
IDL Industries Limited was renamed as GULF OIL Corporation Limited with the merger of Gulf Oil India’s business. A property Development Division was started in the Company from 2006. With effect from 1st April 2008 the business of specialty chemicals Division has been transferred to a 100% subsdiary – IDL Speciality Chemicals Limited through a scheme of arrangement sanctioned by the High Court of Andhra Pradesh at Hyderabad.
Primary Industry
i
Primary industry refers to the industry from which a company drives
its maximum revenue.
Oil & Gas
(Power)
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