Volume 9 Issue 37

Base Oil Imports to China Decline

July base oil imports to China fell 14% from the same month of 2023 as domestic lubricant demand remained lukewarm and local refiners offer a surplus of supply.

Custom Content in association with Kixx

Kixx Kickstarts Campaign With AI-generated Film “The World Without Lubricants”

Kixx, South Korea’s leading lubricant brand, has launched a groundbreaking global campaign film, "The World Without Lubricants,” to highlight the essential role of lubricants in our everyday lives.

Petrobras Wants Refineries Back

Petrobras is negotiating to regain ownership of the Landulpho Alves refinery and reverse the previous administration’s sell-off of state assets.

Castrol Mulls Production Facility in Peru

Castrol is aiming for double-digit growth by the end of the year in Peru’s commercial and industrial lubricant market, part of a push to increase market share across Latin America.

Hydrogen ICEs Out of the EV Race

Cars with hydrogen internal combustion engines won’t to pose a threat to the dominance of battery electrics, dashing the hopes of automotive lubricant blenders that the future of transportation will still need engine oils.

YPF Backs Down on Bolivia Price Hike

YPF u-turned last week on a lubricant price hike in Bolivia under pressure from a number of local transport associations.

From the Previous Edition

Exxon Auto Care JV Aims at Youths

Brazil Base Oil Output, Imports Rise

Pakistan’s National Refinery Still in the Red

Fuchs Posts Higher Earnings

Briefly Noted

Nynas unveiled its new Evo line to help customers reduce their emissions by using drop-in replacements with a lower carbon footprint. Evo covers all specialty segments, including transformers, lubricants, tires and adhesives. | Chevron launched Clarity Bio EliteSyn AW, a new more sustainable hydraulic fluid for environmentally sensitive applications.