Authorities in the United Kingdom are mulling the imposition of import tariffs on certain engine oils and hydraulic fluids as a potential outcome of a probe by its trade regulator into alleged dumping of these products originating from Lithuania and the United Arab Emirates.

Lubricant maker Moove postponed its initial public offering on the New York Stock Exchange a few hours before it was due to start. The company blamed “adverse market conditions” and orders from foreign investors being shy of the proposed share price range.

Aorun is a relative newcomer to the lubricant additives business and is one of several Chinese companies looking to supply high-volume commodities, such as the essential yet controversial anti-wear additive zinc dithiophosphate or ZDDP, on the global market.

Norac Additives broke ground on a new esterification line at its production site in Helena, Arkansas, giving German parent company Peter Greven greater access to the North American market.

Sales of finished lubricants in Japan sank to 128,888 kiloliters in August, the lowest level in 17 months, according to the latest information from the country’s Ministry of Economy, Trade and Industry.