Panama Petrochem Limited, together with its subsidiary, Panol Industries RMC FZE, manufactures, sells, and trades in specialty petroleum products for the printing, textiles, rubber, pharmaceutical, cosmetics, power, and other industrial oil industries in India and internationally. The company offers white/liquid paraffin oil products comprising cosmetic-grade, food-grade, and pharmaceutical-grade white oil products; petroleum jelly products consisting of pharmaceutical creams, red veterinary petroleum, and cosmetics and lotions; transformer oils; ink and coating oils, including petroleum and aroma-free distillates, naphthenic and high viscosity oils, black ink oils, bituminous black varnishes, petrolatum, and low aromatic white spirits under the PANOL brand; and rubber process oils. It also provides textile oils, including Panol-KNT and antistatic coning oils; industrial oils, including compressor oils, long-life turbine and refrigeration oils, metal working fluids, marine oils, glass mold and quenching oils, thermic fluids, hydraulic oils, and wire drawing compounds; industrial and automotive greases, such as lithium and lithium complex, calcium and sodium-based, and aluminum greases; automotive engine, gear, and transmission oils, as well as other automotive lubricants; drilling fluids; and fully and semi-refined paraffin, and slack and micro waxes. The company exports its products to approximately 55 countries, including the United States, the United Kingdom, Europe, the Middle East, Australia, the African sub-continent, and Southeast Asia. Panama Petrochem Limited was founded in 1975 and is based in Mumbai, India.