United Kingdom-based lubricant additive manufacturer Infineum signed a supply agreement with Chinese additive component producer Rianlon for the Asia-Pacific region. The agreement follows Rianlon’s recent groundbreaking of a new additive component development and manufacturing facility in Malaysia.

Russian energy company Lukoil entered a nonexclusive deal with United States-based equity firm Carlyle to sell Lukoil International GmbH, the unit that controls most of the company’s foreign assets.

Hindustan Petroleum Corp. Ltd, one of the India’s largest integrated energy companies, and Castrol India, the country’s producer and marketer of finished lubricants, signed a memorandum of understanding to explore developing rerefined base oils in India. The country is the third-largest finished lubricant market in the world, behind the United States and China. Total finished lubricant demand is about 3 million metric tons per year. Rerefining capacity is currently about 1 million t/y, but r...

Ergon and Japan Sun Oil in Transformer Oil Distribution DealErgon formalized a transformer oil distribution agreement with Japan Sun Oil, granting the Japanese company rights to market sell and distribute Ergon transformer oil products in Japan. The agreement formalizes a partnership of more than three decades that began in 1992 when JSO started sourcing Ergon naphthenic base oils to supply lubricants to Japan and the Asia-Pacific region. The arrangement centers on distribution of Ergon specialt...

Russia is awash with Chinese cars, yet sales are falling, dealerships are closing and hundreds of thousands of new vehicles remain unsold. That paradox is increasingly visible in lubricant demand, where passenger car motor oil volumes are under pressure despite a still-dominant Chinese presence.

Ardova Plc introduced a new lubricant, AP Supermax, on Thursday in Lagos as part of a strategy to expand its presence in Nigeria’s downstream mass market, targeting price-sensitive consumers while protecting its higher-end product lines.