The Company was originally incorporated on May 08, 2010 at Kolkata, West Bengal as a Public Limited Company in the name and style of ÂSundrex Oil Company Limited under the provisions of the Companies Act, 1956 vide Certificate of Incorporation bearing CIN: U23200WB2010PLC147053 issued by the Registrar of Companies, Kolkata. The Major Events and Milestones: 2010 - Company incorporation: Sundrex Oil Co. Ltd. was founded, marking the beginning of its journey in the lubricants industry. - Trial production: The company initiated trial production with a plant capacity of 3 KL per shift, focusing on lubricants and greases. 2011 -ISO 9001:2008 Certification: The company achieved ISO 9001:2008 certification for its Quality Management System (QMS), setting a solid foundation for operational standards and quality control. 2012 - Lubricating Oil Plant Commissioned: The company commissioned its lubricating oil plant with a production capacity of 14 KL per shift, after conducting initial market tests. This was a major step towards scaling up operations. 2013 - Transformer Oil Plant: Sundrex expanded its product range by commissioning a transformer oil plant and obtaining BIS certification for its transformer oils, establishing its credentials in the industrial oils sector. 2014 - Export Initiation: Sundrex began exports to Nepal and Bhutan, marking its first international expansion and broadening its market base in the South Asian region. 2015 - First PSU Supply: The company achieved a significant milestone by making its first supply to one of major coal manufacturer, a major public sector undertaking (PSU). - Bituminous Compounds Plant: Sundrex commissioned a bituminous compounds plant, further diversifying its product offerings. 2016 - Lubricating Oil Capacity Expansion: The plant's lubricating oil capacity was expanded to 22 KL per shift to meet the growing market demand. - ISO 9001:2015 Certification: The company upgraded its ISO certification to ISO 9001:2015, ensuring adherence to global standards for quality management 2017 - Grease Plant Commissioned: Sundrex expanded its product range by commissioning a grease plant with a 3 MT per day capacity. - Base Oil Imports: To mitigate supply risks, the company began importing base oils, securing its supply chain for the future. 2018 - Contract Manufacturing: Our Company secured its first major contract manufacturing agreement with Indian major PSU marking a significant achievement in its contract manufacturing business. - Coolant and Brake Fluid Plant: The company commissioned a dedicated plant for coolant and brake fluid manufacturing to serve the automotive sector. - First RC with PSU: Sundrex secured its first RC (Rate Contract) with North Eastern Coalfield Ltd. - Bottling Line and White Oil Unit: Sundrex established a lubricant oil bottling line with a capacity of 15 bottles per minute (bpm) and a white oil manufacturing unit with a 24 KL per day capacity. - MoU with IIP Dehradun: Sundrex signed a MoU with IIP Dehradun for the development of lubricants. 2019 - Lubricant Oil Bottling Line Expansion: The company expanded its lubricant oil bottling line to a capacity of 45 bpm. - Grease Pouching Unit: Sundrex set up a grease pouching unit and signed its first MoU with one of biggest steel giant for contract manufacturing. 2020 - Lubricating Oil Plant Expansion: The lubricating oil plant capacity was expanded to 30 KL per shift to meet increased demand. - Grease Plant Expansion: The grease plantÂs capacity was increased to 9 MT per day. - Automatic Pouching Line: Sundrex commissioned an automatic pouching line for lubricating oils to enhance packaging efficiency and reduce lead times. 2021 - White Oil Manufacturing Capacity Expansion: The white oil plant capacity was expanded to 48 KL per day to support the growing demand for high-quality white oils. - Advanced Filtration Machines: The company commissioned advanced filtration machines for lubricants, enhancing the quality and performance of its products. 2022 - Filtration Machine Commissioning: Sundrex commissioned advanced filtration machines for its lubricants, improving their quality and performance, and meeting the higher standards of the industrial sector. 2023 - White Oil Capacity Expansion: The white oil plant capacity was further expanded to 80 KL per day. - Exports to Bangladesh: The company began exports to Bangladesh, further strengthening its position in the South Asian market. - Ecolixir Greentech Pvt Ltd.: Sundrex incorporated a subsidiary, Ecolixir Greentech Pvt Ltd., and started trial production to explore Extended Producer Responsibility (EPR) opportunities in line with new government guidelines 2024 - White Oil Capacity Expansion: The white oil manufacturing capacity was expanded to 100 KL per day, allowing Sundrex to meet rising demand. - LLP-IP Grade Plant Approval: The company received site approval from the West Bengal Directorate of Drug Control for setting up a plant to produce LLP-IP grade products. - Acquisition of OPRS Enterprises Pvt Ltd.: Sundrex acquired OPRS Enterprises Pvt Ltd., expanding its sales channels and distribution network. - Ecolixir Greentech Pvt Ltd. Plant Commissioning: Sundrex commissioned the new plant at Ecolixir Greentech Pvt Ltd. to enhance capacity and be compliant with EPR norms. - Exports to Middle East: The company began exports to the Middle East, marking its entry into a new global market with proprietary products. |
Disclaimer: This is 3rd Party content/feed, viewers are requested to use their discretion and conduct proper diligence before investing, GoodReturns does not take any liability on the genuineness and correctness of the information in this article