LABDHI PETROCHEM

What LABDHI PETROCHEM does

Labdhi Petrochem is a privately held Indian specialty petrochemical manufacturer and trader incorporated in May 2001 and headquartered at Plot No 7911, GIDC Industrial Estate, Ankleshwar, Gujarat. The company began as a petroleum products trading business and pivoted into manufacturing in 2016 by establishing a Mini Petroleum Refinery under approval from the Petroleum Explosive Safety Organization (PESO), Government of India. It produces import-substitute specialty petrochemicals — primarily aromatic hydrocarbon solvents under the LP AROSOL brand (C9, C10, C11, C12 grades), mixed aromatics, aliphatic solvents, mineral turpentine oil (MTO), low aromatic white spirit, and industrial fuels (furnace oil, HVFO, LDO) — for downstream industrial customers.

The company's core technology is its mini petroleum refinery, which processes feedstocks into a broad slate of specialty solvents. Installed manufacturing capacity was scaled from 18,000 MTs per annum in F.Y. 2016-17 to 38,000 MTs per annum in F.Y. 2022-23, more than doubling output over six years. It operates with a very lean organization of approximately 8 employees and serves customers across multiple industrial verticals including paints and coatings, pesticides, specialty chemicals, oil field chemicals, and industrial cleaning/degreasing. Distribution is direct via the company website, WhatsApp Business, and enquiry/callback forms, with products shipped in tanker loads and drum packaging to both Indian and overseas markets. Pricing is published per unit in INR (e.g., LPAROSOL180 at INR 85, LPAROSOL100 at INR 70, HVFO at INR 46), reflecting a transaction-based, non-subscription commercial model.

The business model is straightforward industrial chemical sales: produce or trade specialty solvents and fuels, sell into B2B industrial customers with publicly listed prices, and capture margin on import substitution versus foreign-sourced equivalents. Unit economics are commodity-driven and volume-dependent, with no software, subscription, or recurring SaaS revenue streams. The company is privately held with no disclosed institutional investors, no parent entity, and no subsidiaries, suggesting a founder/owner-operated structure.

Name

LABDHI PETROCHEM

Legal name

Labdhi Petrochem

Website

https://labdhipetrochem.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Labdhi Petrochem is a privately held Indian specialty petrochemical manufacturer operating a PESO-approved mini petroleum refinery in Ankleshwar, Gujarat, producing aromatic solvents, aliphatic solvents, and industrial fuels for paints, pesticides, specialty chemicals, and cleaning industries in India and overseas.

Ownership category

akta.pro rank

Product category

Specialty Petrochemicals

NAICS

Petrochemical Manufacturing (32511), Petrochemical Manufacturing (325110), Petroleum Refineries (324110), Basic Chemical Manufacturing (3251), Other Basic Organic Chemical Manufacturing (32519)

SIC

Petroleum Refining (2911), Industrial Organic Chemicals (2860), Chemicals & Allied Products (2800)

akta.pro primary industry

Oilfield & Refining Specialty Chemicals (IMAEABAI)

akta.pro secondary industries

Aromatics (BTX: Benzene, Toluene, Xylenes) (EUALAHAC), Refinery Blending & Product Quality Control (Gasoline/Diesel/Jet Blending, Additives) (EUALAGAJ)

Keywords

• Aromatic solvents
• Petroleum refinery
• Hydrocarbon solvents
• Industrial chemicals
• Specialty petrochemicals

Headquarters

HQ city

Ankleshwar

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Petroleum Products Trading: Trading of petroleum products including solvents and industrial fuels to domestic and international customers.
2. Specialty Petrochemical Manufacturing: Manufacturing of specialty aromatic solvents, mixed aromatics, aliphatic solvents, and industrial fuels from mini refinery operations.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Labdhi Petrochem operates a Mini Petroleum Refinery in Ankleshwar, Gujarat, manufacturing specialty aromatic and aliphatic hydrocarbon solvents (LP AROSOL and LPAROSOL product lines), mixed aromatics, mineral turpentine oil, and industrial fuels including furnace oil and light diesel oil. The company processes petroleum feedstocks into import-substitute specialty petrochemicals at an installed capacity of 38,000 MTs per annum, supplying industrial manufacturers in paints, coatings, pesticides, printing inks, agrochemicals, oil field chemicals, and specialty chemicals sectors. Products are available in tanker load and drum packaging for both domestic and international customers.

Product overview

Labdhi Petrochem is a petroleum products trading and manufacturing company that operates a Mini Petroleum Refinery in Ankleshwar, Gujarat, India. Established in 2001 and expanding into refining in 2016, the company manufactures specialty petrochemicals including aromatic solvents (LPAROSOL and LP AROSOL product lines), aliphatic solvents, mixed aromatic solvents, industrial fuels, and mineral oils. Their product portfolio includes C9, C10, C11, and C12 aromatic solvents, hydrocarbon solvents, mineral turpentine oil (MTO), furnace oil, light diesel oil (LDO), and specialized products like Solvesso alternatives. These products serve diverse industries including pesticides, inks, paints and coatings, resins, oil field chemicals, waterproofing, printing inks, foundry, specialty chemicals, and cleaning and degreasing operations. The company has an installed manufacturing capacity of 38,000 MTs per annum and holds PESO (Petroleum Explosive Safety Organization) approval from the Government of India.

Differentiator

Problem solved

Functional benefit

Brands

• LP AROSOL: Brand name for aromatic solvent products including LP AROSOL 90, 100, 110, 150, 160, 180, 200, 250. High boiling aromatic solvents with applications in paints, coatings, printing inks, agrochemicals, and specialty chemicals.

Products and services

• LPAROSOL180 (C11 Solvent Aromatic Solvent) C11+ hydrocarbon solvent with high solvency, high flash point, and low hazardous air pollutant emissions. Used in paints, high build coatings, PVC and screen printing inks, agrochemicals, oil field chemicals, specialty chemicals, and cleaning chemicals. Sold to industrial manufacturers.
• LPAROSOL100 (C-9 Solvent Aromatic Solvent) C-9 hydrocarbon solvent with 100% aromatics, high solvency, high flash point, and environmental friendly properties. Available in tanker load and drum packaging. Used in paints, high build coatings, PVC and screen printing inks, and agrochemicals.
• Heavy Viscous Furnace Oil (HVFO) Industrial fuel oil (also known as bunker fuel or fuel oil) used for generation of power or heat. Includes distillates and blends of distillates and residue such as Light Diesel Oil. Sold to industrial energy users.
• LP AROSOL Aromatic Solvent Series (LP AROSOL 90, 100, 110, 150, 160, 180, 200, 250) High boiling aromatic solvents with multiple grades for paints, coatings, printing inks, agrochemicals, and specialty chemicals. Brand variants include LP AROSOL 90, 100, 110, 150, 160, 180, 200, 250, and 200ND, as well as LP AROMASOL 90.
• Mixed Aromatic Solvents (LP-MIXARO140-190, LP-MIXARO150-240) Mixed aromatic hydrocarbon solvents with boiling range variants of 140-190 degrees and 150-240 degrees. Used as industrial solvents in coatings and chemical processing.
• Mineral Turpentine Oil (MTO) Mineral turpentine oil used in paints, coatings, and cleaning applications. Sold to industrial customers.
• Low Aromatic White Spirit Low aromatic white spirit solvent with reduced VOC emissions for industrial use in paints and coatings applications.
• Solvesso 200 and Solvesso 250 Equivalents Aromatic solvents comparable to industry-standard Solvesso 200 and Solvesso 250 grades, serving as import-substitute products.
• Light Diesel Oil (LDO) Light diesel oil for industrial and heating applications. Sold as industrial fuel to manufacturing and power generation customers.
• LP Mineral Oil Mineral oil product for industrial applications including lubrication and processing uses.

Quantifiable outcome

• Production capacity increased from 18,000 MTs P.A. to 38,000 MTs P.A. - more than double capacity
• +1 more outcomes

Segments6 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Scale indicators3 records

Recent moves7 records

Expansion highlights4 records

Broad incumbents

• ExxonMobil Corporation: Global integrated oil major with significant specialty solvents and aromatics business (Exxsol, Solvesso). Sets the global benchmark for Solvesso-type aromatic solvents that Labdhi explicitly targets as substitute products.
• Atul Ltd: Indian diversified chemicals manufacturer across performance chemicals, life sciences, and intermediates. Operates at significantly larger scale than Labdhi but serves overlapping industrial end-markets including coatings and specialty chemicals.
• Reliance Industries Ltd: India's largest integrated petrochemicals and refining conglomerate producing aromatics, olefins, and specialty chemicals at massive scale. Competes indirectly with Labdhi by producing commodity aromatic solvents as by-products of refining operations.
• Aarti Industries Ltd: Largest Indian specialty chemicals company producing intermediates, agrochemicals, and performance chemicals. Much larger scale than Labdhi, but competes for similar industrial customers in paints/coatings and specialty solvent applications.

Direct peers

• Tamilnadu Petroproducts Ltd: Indian petrochemicals producer of linear alkyl benzene, epichlorohydrin, and caustic soda. Comparable as a domestic specialty petrochemical manufacturer serving industrial customers, though with a different product focus.
• Bhageria Industries Ltd: India-based manufacturer of dyes, dye intermediates, and specialty chemicals including aromatic hydrocarbons. Comparable as a mid-sized Indian specialty chemicals producer with aromatic solvent overlap serving industrial B2B customers.
• Panama Petrochem Ltd: India-based specialty petroleum and petrochemicals manufacturer producing specialty oils, waxes, and solvents. Closely comparable in product mix, scale, and customer base to Labdhi Petrochem, with similar import-substitute positioning.
• Savita Oil Technologies Ltd: India-based specialty petroleum products company manufacturing transformer oils, white oils, lubricants, and specialty solvents. Overlaps directly with Labdhi on hydrocarbon solvent and white spirit categories, with broader lubricant exposure.
• Manali Petrochemicals Ltd: Indian manufacturer of propylene oxide, propylene glycols, and polyols. Comparable as an India-based specialty petrochemical producer serving industrial B2B customers, though more focused on propylene chemistry rather than aromatic solvents.

Others

• Indian Oil Corporation Ltd:

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/labdhipetrochem
• LinkedInlinkedin.com/company/labdhi-petrochem

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

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 LABDHI PETROCHEM