Volume 10 Issue 28

China Industry Wants Domestic Viscosity Modifiers

In step with central government goals for a wide range of sectors, China’s lubricant industry is in a hurry to develop domestic replacements for imported raw materials, including chemical additives.

Lopal Posts Higher Revenue, Lower Volume

Chinese lubricant marketer Lopal Tech Co. reported a 9% increase in first quarter sales revenue for its lubes segment despite a 6% decrease in sales volume and a 33% drop in production.

Lubes’n’Greases July Issue Available

The July issue features a Special Report on Electric Vehicles that explores how the grease industry is adapting to the electrification wave, why lubricant manufacturers are entering the emerging market of thermal management fluids, and how the fast-paced world of Formula E motorsport lubricants may be opening up doors for passenger EV fluids.

Shell Plans to Exit Pakistan

Shell said last month that it will sell its controlling stake in Shell Pakistan Ltd., divesting a lubricants business that is among the country’s biggest, along with other operations. The company disclosed its plan in a short statement that did not provide a reason for its decision, but earlier this year it reported losses after tax for 2022 and the first quarter of 2023.

From Other Editions of Lube Report

Romanian Official Speculates About Lukoil Exit

EU Takes Input on Chlorinated Paraffin Proposal

Engine Oil Exports from the U.S. Rose in 2022

Briefly Noted

In the first half of this year, 11.8 million automobiles were newly registered in China, a 6% increase from the same period last year, according to the Traffic Management Bureau of China’s Ministry of Public Security.