ABOUT US
35 Years in Petroleum. One More Plant to Build.
Santosh Petrochemical Innovations is building a used-oil re-refinery at Budaun. Behind it: 35 years in the petroleum business, live partnerships with IOCL and HPCL, and a distribution network across western Uttar Pradesh built over two decades.
01 · COMPANY
Built on Three Decades of Trust
Santosh Associates was established in January 2000 to deal in industrial lubricants as an Indian Oil SSI. Since 2003 it has been Indian Oil's authorised Servo distributor across six districts of western Uttar Pradesh: Ghaziabad, Meerut, Muzaffarnagar, Baghpat, Saharanpur and Shamli. Before that, from 1995 to 2003, Lalit was C&F agent and stockist for Caltex India across western UP. Over two decades, the group built deep distribution expertise across India's largest petroleum brand — cultivating relationships with workshops, fleets, and industrial buyers that now anchor Santosh's used oil collection network.
The group's petroleum operations extend across segments: HPCL LPG bottling at the Amroha plant (30 TMT/yr capacity) and an HPCL Operations & Maintenance contract at the Sitarganj LPG plant. This cross-segment experience — spanning supply chain, regulatory compliance, and plant operations — is the foundation for Santosh Petrochemical Innovations.
Santosh Petrochemical Innovations is the next chapter, and it is an additional venture by the same entity rather than a new company's first attempt. The plant at Budaun is designed for 100 KLPD and commissions at 30, producing Group I+ base oil by vacuum distillation and two stages of polishing. Phase 2 expands it to 100 KLPD on the same site, funded by Phase 1 sales. The same relationships that move product today will feed the plant and move its output.
Commissioning late 2027. The plant is in technology procurement today; nothing is being produced or sold yet.
Lalit Bindal
Founder & Managing Director
Over 35 years in the petroleum industry, with per-factory partnerships with IOCL and HPCL that continue today. C&F agent and stockist for Caltex India from 1995, and Indian Oil's authorised Servo distributor since 2003, Lalit brings the distribution reach and regulatory experience that a re-refinery depends on for both feedstock and offtake.
02 · WHY NOW
The Right Technology at the Right Time
India's EPR mandate is reshaping the lubricants industry. Under the Hazardous Waste Rules 2023, lubricant manufacturers must blend RRBO starting at 5% in FY2025, scaling to 50% by FY2031. Yet India generates 1.3 million tonnes of used oil annually, and fewer than 15% of it is formally recycled. India's public sector oil companies have begun committing to re-refined base oil at national scale, which tells you where the demand is going. The mandate sets the floor; the feedstock is already there.