Volume 10 Issue 14

ExxonMobil to Build Blending Plant in India

Citing the opportunity of a growing market, ExxonMobil announced Friday that it will invest nearly Rs 900 crore to build a lubricant manufacturing plant in Rajgad, India, that will have production capacity of 159,000 kiloliters.

China Base Oil Imports Expected to Stay Down

Base oil imports to China, which are mainly API Group III base oils and high-viscosity Group II, dropped 16% to 1.8 million metric tons in 2022, and there is little to suggest that imports will recover this year according to speakers at a recent conference organized in Shanghai by Enmore Infotech.

Lubes’n’Greases April Issue Available

The April issue features a special report on sustainability. Discover how wind assistance may affect the future of marine lubricants as well as how the performance gap between environmentally acceptable lubricants and their conventional counterparts is becoming ever smaller.

Japan Lube Consumption Declines

Japan’s finished lubricants consumption declined 12%, and its production increased 3% in February, while lubricant exports dropped by 17%, compared to volumes in the same month last year, according to data released by a government agency last week.

From Other Editions of Lube Report

U.S. Base Oil Output Hits Six-month High

Poland Market Contracted in 2022

Germany Demand Down in January

Briefly Noted

BBGI Group, SCG Chemicals and QTC Energy signed a commercial cooperation agreement in Thailand for a biobased transformer oil development and production project, beginning with trial production and extending later to commercial production. QTC manufactures, distributes and services transformers.