Castrol's asset
Castrol

@castrol.com

Castrol is a worldwide leader in high performance lubricants for the automotive, industrial, marine and aerospace industries.

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About

Description

Castrol is a British multinational oil and gas company that specializes in the production, marketing, and distribution of lubricants and related services. The company was founded in 1899 by Charles Cheers Wakefield as the Wakefield Oil Company. It later became known as Castrol after the development of a new lubricating oil, Castrol R, which became a favorite among motorcyclists and motorists.


Castrol's headquarters are located in Pangbourne, Berkshire, United Kingdom. The facility houses the company's executive offices, research and development laboratories, and manufacturing plants. The headquarters also serve as a central point for Castrol's global operations.


Castrol offers a diverse range of products and services to cater to the needs of various industries such as automotive, industrial, marine, and aerospace. Its main products include engine oils, transmission fluids, greases, coolants, and brake fluids. The company also provides technical support, consultancy services, and training programs to ensure optimal performance and efficiency for its customers.


On a global scale, Castrol operates in over 120 countries, with a strong presence in Europe, Asia, and the Americas. The company has established several noteworthy subsidiaries, joint ventures, and partnerships to expand its reach and enhance its market position. One of its major subsidiaries is Castrol India Limited, which operates independently but benefits from Castrol's global technology and expertise.


Castrol is known for its strong market position and global sales. It competes with other major lubricants and petroleum companies such as ExxonMobil, Shell, and Chevron. Despite facing tough competition, Castrol has managed to maintain its position as one of the leading lubricants brands worldwide.


Over the years, Castrol has achieved numerous milestones and implemented strategic changes to ensure continuous growth. The company has invested heavily in research and development to develop innovative lubricants and stay ahead of industry trends. It has also expanded its portfolio through acquisitions and partnerships with automotive manufacturers, enabling it to provide tailor-made lubricants for specific vehicle models and technologies.


Currently, Castrol is a subsidiary of BP, one of the world's largest oil and gas companies. The brand continues to evolve and adapt to the changing market dynamics. It remains committed to providing high-quality lubricants and services and leveraging its technological capabilities to meet the evolving needs of its customers

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Company Type

Public Company

Company Size

5001-10,000

Year Founded

1899

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