Volume 10 Issue 49
UMW Moves to Bigger Plant
December 8, 2023Independent toll blender UMW Lubetech Sdn. has increased its production capacity by more than two-thirds to 60 million liters (54,000 metric tons) per year. UMW Lubetech is a member company of the Malaysian conglomerate UMW Holdings Bhd.
China to Ban Short-Chain Chlorinated Paraffins
December 8, 2023China’s government will prohibit the use of short-chain chlorinated paraffins beginning Jan. 1, aligning with numerous other countries that have outlawed the chemicals out of health concerns.
Hi-Tech Lubricants’ Profits, Sales Rebound
December 8, 2023Blender Hi-Tech Lubricants reported strong rebounds in net profit and operating profit for its lubricants segment in the quarter ended Sept. 30, while sales revenue jumped 21% despite myriad economic challenges in the Pakistan market.
Briefly Noted
December 8, 2023S-Oil completed construction of a technical service and development center in South Korea on 36,700 square meters at Magok Industrial Complex in Gangseo-gu, Seoul. The company said the center will conduct research and development on lubricants for conventional internal combustion engines, and will also spearhead technical development for lubricants for electric and hydrogen vehicles, as well as for fluids that cool electric vehicle batteries.