MJL Bangladesh

What MJL Bangladesh does

MJL Bangladesh PLC is a publicly listed lubricant manufacturer and marketer, established in 1998 as Mobil Jamuna Lubricants Limited — a joint venture between Mobil Corporation (now ExxonMobil) and state-owned Jamuna Oil Company Limited, later restructured with EC Securities Limited (East Coast Group subsidiary) as the private partner. Operating as the sole authorized representative of ExxonMobil in Bangladesh, the company manufactures, blends, and distributes Mobil-branded lubricants under exclusive license across automotive (Mobil 1, Mobil Super), motorcycle (Mobil Super Moto, Mobil 1 Racing 4T), commercial vehicle (Mobil Delvac), marine (Mobilgard series), industrial grease, and specialty (Mobil Jet Oil II, transmission fluids, gear oils, brake fluids, coolants) categories.

The company's core technical asset is the Lube Oil Blending Plant (LOBP) commissioned in May 2003 in Chattogram — the first modern in-line lubricant blending facility in Bangladesh, operating under ExxonMobil's Quality Practices & Guidelines (QP&G) and 3P Product Integrity Management System (3PIMS). The plant uses automated computerized systems for base stock and additive flow control, supported by a Quality Assurance Laboratory equipped with ICP, AAS, FTIR spectrophotometers, automatic viscometers, CCS, CMRV, HTHS, Noack volatility testers, and other advanced analytical instruments. Certifications include ISO/IEC 17025:2017 (Bangladesh Accreditation Board), ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018 (Bureau Veritas), with 3.9/4 scores on both 3PIMS (2020) and QP&G (2024) audits.

MJL Bangladesh generates revenue through hardware sales of lubricants, with FY 2024-25 revenue of BDT 41,793 million (~USD 380M) and net profit of BDT 3,609 million. The company distributes via an 11-location nationwide footprint (headquarters in Dhaka, blending plant in Chattogram, six regional offices across Bogra, Sylhet, Jessore, Comilla, Rangpur, Faridpur, and warehouses in Dhaka and Chattogram), a nationwide retailer network, and a direct e-commerce platform (buymobil.mjlbl.com). It serves 3,599+ customers across individual consumers, commercial fleet operators, industrial enterprises, and marine/shipping segments. Beyond lubricants, the company has expanded into LPG through wholly-owned subsidiaries Omera Petroleum Limited and Omera Cylinders Limited, and joint venture Omera Gas One Limited (with Japan's Saisan Co. Limited, established 2016), plus offshore trading via MJL (S) PTE Ltd.

Name

MJL Bangladesh

Legal name

MJL Bangladesh PLC.

Website

https://mjlbl.com

Company type

Public

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

MJL Bangladesh PLC is the exclusive ExxonMobil licensee and Bangladesh's only domestic Lube Oil Blending Plant operator, manufacturing and distributing Mobil-branded automotive, commercial vehicle, marine, and industrial lubricants across a nationwide 11-location footprint serving consumers, fleets, and industrial enterprises.

Ownership category

akta.pro rank

Product category

Industrial Lubricants

NAICS

Petroleum Lubricating Oil and Grease Manufacturing (324191)

SIC

Wholesale-Petroleum & Petroleum Products (No Bulk Stations) (5172)

akta.pro primary industry

Lubricants Distribution & Wholesale (Bulk, Packaged, B2B) (EUALAJAE)

akta.pro secondary industries

Industrial & Heavy-Duty Lubricants (IMAEAMAB), Marine & Offshore Lubricants (Cylinder Oils, System Oils, EALs) (EUALAJAI), Retail & E-commerce Lubricants Sales (Auto Parts, Quick Lube, Online) (EUALAJAF)

Keywords

• Automotive lubricants
• Industrial lubricants
• Marine lubricants
• Lubricant manufacturing
• Engine oils

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices11 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Lubricant Product Sales: MJL Bangladesh generates revenue through the manufacturing, blending, and marketing of Mobil-branded lubricants. The company sells automotive lubricants (car, motorcycle, bus/truck engine oils), industrial lubricants, marine oils, greases, and specialty products. Revenue for fiscal year 2024-25 was approximately BDT 41,793 million.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

MJL Bangladesh PLC manufactures, blends, and markets Mobil-branded lubricants for automotive, commercial vehicle, industrial, marine, and specialty applications in Bangladesh. Operating a state-of-the-art Lube Oil Blending Plant (LOBP) in Chattogram, the company produces car engine oils, motorcycle engine oils, heavy-duty diesel engine oils, transmission fluids, gear oils, marine lubricants, industrial greases, and aviation lubricants under ExxonMobil's quality standards. Products are sold through a nationwide retail network, an e-commerce platform (buymobil.mjlbl.com), warehouses, and direct customer service centers across Bangladesh.

Product overview

MJL Bangladesh PLC is a lubricant manufacturing and marketing company operating as the strategic alliance partner of ExxonMobil in Bangladesh. The company offers a comprehensive portfolio of automotive, motorcycle, commercial vehicle, and industrial lubricants. The product portfolio includes four main categories: (1) Car Engine Oils under the Mobil and Mobil 1 brands including full synthetic (Mobil Super All-In-One Protection, Mobil 1 0W-20/0W-40/5W-30/5W-50), synthetic technology (Mobil Super Friction Fighter), and mineral oils (Mobil Special, Mobil Super Everyday Protection); (2) Motorcycle Engine Oils under Mobil Super Moto and Mobil 1 Racing brands; (3) Bus & Truck Engine Oils under the Mobil Delvac brand (Mobil Delvac 1, Mobil Delvac MX, Mobil Delvac Legend, Mobil Delvac Modern, Mobil Diesel Special); and (4) Vehicle Care & Specialty Products including automatic transmission fluids (Mobil ATF, Mobil 1 Synthetic ATF, Mobil CVTF, Mobil DEXRON-VI ATF), gear lubricants (Mobil 1 Syn Gear Lube, Mobilube HD, Mobilube GX), brake fluids, and coolants. Additionally, the company offers Industrial & Specialty Lubricants including Marine Oils (Mobilgard series), Greases (Mobiltemp SHC, Mobilith SHC, Mobil Polyrex, Mobilgrease), Aviation Products (Mobil Jet Oil II), and other industrial oils. The company operates a Lube Oil Blending Plant (LOBP) in Chattogram and maintains quality assurance certifications including ISO/IEC 17025:2017, ISO 9001:2015, ISO 14001:2015, and ISO 45001:2018.

Differentiator

Problem solved

Functional benefit

Brands

• Omera Petroleum: Subsidiary providing Liquefied Petroleum Gas (LPG) services including bottling, storage, and distribution operations.
• Omera Cylinders
• Omera Gas One

Products and services

• Mobil Car Engine Oils Full synthetic, synthetic technology, and mineral motor oils for passenger vehicles including Mobil Super All-In-One Protection 0W-16, Mobil 1 series (0W-20, 0W-40, 5W-30, 5W-50), Mobil Super Friction Fighter, Mobil Special, and Mobil Super Everyday Protection. Sold to individual car owners and motorists in Bangladesh.
• Mobil Motorcycle Engine Oils Engine oils for motorcycles and scooters under Mobil 1 Racing 4T and Mobil Super Moto brands including 10W-30, 10W-40, 20W-40, and 20W-50 grades. Sold to motorcycle owners and scooter riders in Bangladesh.
• Mobil Delvac Commercial Vehicle Lubricants Heavy-duty diesel engine oils for buses and trucks including Mobil Delvac 1 5W-40, Mobil Delvac MX 15W-40, Mobil Delvac Legend CH-4 20W-50, Mobil Delvac Modern 15W-40 Super Defense, and Mobil Diesel Special 20W-50. Sold to commercial fleet operators and transport companies.
• Vehicle Care and Specialty Products Automatic transmission fluids (Mobil ATF 220, Mobil 1 Synthetic ATF, Mobil CVTF, Mobil DEXRON-VI ATF), gear lubricants (Mobil 1 Syn Gear Lube LS, Mobilube HD, Mobilube GX), brake fluid, and coolants for passenger and commercial vehicles.
• Marine Lubricants (Mobilgard Series) Marine engine oils for crosshead and trunk piston diesel engines including Mobilgard 300, 312, 412, 560 VS, M330, M340, M430, M440, M50, and Mobil Stern Tube lubricant. Sold to shipping companies operating deep-sea, coastal, and river vessels.
• Industrial Greases High-performance industrial greases including Mobiltemp SHC 100, Mobilith SHC 220 and 460, Mobil Polyrex EM (electric motor bearings), and Mobilgrease XHP 222 for industrial applications at extreme temperatures and severe operating conditions.
• Industrial Specialty and Aviation Lubricants Aircraft-type gas turbine lubricants and high-temperature industrial specialty greases including Mobil Jet Oil II and Mobilgrease 28. Sold to aviation operators and industrial enterprises with extreme-temperature applications.

Quantifiable outcome

• Scored 3.9 out of 4 in global audits on 3PIMS in 2020
• +4 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered strategic and core.

• Saisan Co. Limited (Japan)strategicStrategic or Co-development Partner · 1 January 2016Omera Gas One Limited was established in 2016 as a strategic alliance between Omera Petroleum Limited (subsidiary of MJL Bangladesh) and Saisan Co. Limited in Japan to cater to the growing LPG demand in Bangladesh across commercial, industrial, and residential sectors.
• Jamuna Oil Company LimitedcoreStrategic or Co-development Partner · 1 January 1998State-owned Jamuna Oil Company is the joint venture partner with MJL Bangladesh. The company was established in 1998 when Mobil Corporation partnered with Jamuna Oil Company to set up Mobil Jamuna Lubricants Limited.
• ExxonMobil (Mobil Corporation)coreStrategic or Co-development PartnerMJL Bangladesh is the strategic alliance partner of ExxonMobil in Bangladesh and sole authorized representative/licensee. The company sources base oils from ExxonMobil and operates under ExxonMobil's Quality Practices & Guidelines (QP&G) and 3P Product Integrity Management System (3PIMS) standards.

Scale indicators17 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Tide Water Oil Co. (India): ExxonMobil's long-standing licensee in India, blending and marketing Mobil-branded lubricants under a structure directly analogous to MJL Bangladesh. Both are regional ExxonMobil franchisees serving South Asian automotive, industrial, and marine segments with similar product portfolios.
• TotalEnergies Marketing Bangladesh: TotalEnergies operates a Bangladesh subsidiary marketing automotive and industrial lubricants in the same geography. As a global major with local presence, it is one of MJL's most direct in-country competitors for fleet and retail lubricant sales.
• Gulf Oil International: Gulf Oil is a Hinduja Group lubricants company with strong presence across South and Southeast Asia in automotive and industrial lubricants. Comparable regional focus, multi-category product line, and distribution-led business model make it a relevant peer for MJL Bangladesh.
• Fuchs Petrolub SE: Fuchs is a Germany-headquartered specialty lubricant manufacturer with strong industrial and automotive exposure across Asia. Comparable product portfolio (industrial oils, greases, metalworking fluids) and Asia-Pacific distribution footprint make it a relevant peer for MJL's industrial segment.

Broad incumbents

• Castrol (BP): Castrol is a global lubricants major and BP subsidiary operating across automotive, industrial, and marine segments — directly competing with Mobil in Bangladesh and across Asia. Comparable in product range and customer base, but operates as a fully integrated global brand rather than a regional licensee.
• Shell Lubricants: Shell's global lubricants business competes head-to-head with Mobil in passenger car, heavy-duty, and industrial categories across South Asia. As an integrated major with proprietary base oil capacity, Shell is a broader incumbent with deeper R&D and brand spend than regional licensees like MJL.
• Indian Oil Corporation (Servo Lubricants): Indian Oil's Servo brand is one of India's largest lubricant franchises, spanning automotive, industrial, and marine grades. Comparable in product breadth and South Asian market position, though IOC is a state-owned integrated oil major versus MJL's franchisee model.
• Valvoline Inc. Valvoline is a US-listed global lubricant specialist focused on premium engine oils and quick-lube services, competing with Mobil 1 and Mobil Super in passenger car motor oil categories. As a brand-driven lubricant pure-play, it serves as a comparable for MJL's premium positioning.
• Petronas Lubricants International: Petronas Lubricants is the Malaysian national oil company's lubricants arm, marketing across passenger, commercial, and industrial segments in Asia. Comparable regional incumbency and full-spectrum product line position it as a peer in the Asian lubricants market.
• Bharat Petroleum (MAK Lubricants): BPCL markets MAK-branded lubricants in India and exports to neighboring markets, with comparable automotive and industrial product breadth. As an Indian public-sector integrated major, it is a relevant competitor in cross-border lubricant trade into Bangladesh.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks2 records

Key highlights7 records

Customer concentration

• Xx.com/mobil_mjlbl
• LinkedInlinkedin.com/company/mobil-mjlbangladesh

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about MJL Bangladesh