BP is considering selling off Castrol after 25 years as its lubricant brand, pushed by an activist investor who wants the energy super major to get back to its core upstream business.

Base oil imports to China fell 12% in 2024, continuing a steady decline in recent years for one of the world’s biggest importers of the material.

Fuchs Group inaugurated its expanded production facility in South Africa after shelling out €26 million to add new equipment to existing facilities. The company hopes it will strengthen its position in applications such as automotive, mining, industrial and specialty applications.

German specialty chemicals company Lanxess opened its new application development center in Thane, India, near Mumbai. The center will develop specialized, country-specific chemicals, integrating expertise from lubricant additives and protection products. India is a rapidly growing market for many specialty chemicals applications, from its burgeoning middle class demand for more cars to healthy expansion of electricity generation, the booming manufacturing sector and minerals extraction. The ...

Sinopec has opened a production unit making marine lubricants and hydraulic fluids at its finished lube blending plant in Tianjin, China.