Castrol Limited
Castrol Limited is a British oil company that specializes in marketing industrial and automotive lubricants globally. Founded in 1899 by Charles Wakefield as CC Wakefield & Co., the company's brand name, Castrol, eventually became so well-known that the company officially changed its name in 1960. Headquartered at the Castrol Technology Centre in Pangbourne, Berkshire, United Kingdom, Castrol's core mission revolves around a passion for performance and a collaborative approach to developing advanced lubricants and greases.
Castrol offers a comprehensive portfolio of products and services across various market segments, including automotive, commercial vehicle, industrial, marine, and energy. Key product lines for passenger cars include Edge, Magnatec, and GTX engine oils. Beyond automotive lubricants, Castrol provides a wide range of industrial oils, metalworking fluids, greases, and coolants. The company also delivers services such as product solutions, technical support, and LabCheck oil analysis to optimize operational efficiency for its customers.
Currently, Castrol operates as a subsidiary of BP, a global energy company. However, a significant corporate restructuring is underway, with BP having agreed to sell a 65% majority controlling interest in Castrol to the investment firm Stonepeak. BP will retain a 35% minority stake in the business, with the transaction anticipated to close by the end of 2026. Michelle Jou serves as the CEO of Castrol. The company continues to innovate, recently launching new product ranges like TLX, BioStat ST, and BioTrans GB, and expanding its offerings to include automotive filters in Europe. Notably, Castrol's cooling fluids have also been validated by NVIDIA for use in AI factory and data center infrastructure, highlighting its commitment to advanced technological applications.
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